|
BUDGET MESSAGE SECTION 2
<br />
<br />
<br />GENERAL FUND
<br />
<br />The General Fund finances the operations of the City that have no special or dedicated
<br />revenue sources. The fund pays for the basic operations of the City. Over one-half of
<br />the General Fund revenue is allocated to support public safety activities. Total 2021-22
<br />and 2022-23 General Fund expenditures total $129,956,400 and $135,817,600,
<br />respectively. Estimated revenues in the amount of $123,102,300 and $127,338,400
<br />finance the anticipated expenditures.
<br /> GENERAL FUND REVENUE
<br />In 2021-22, revenues from taxes, franchises, licenses and permits, fines, fee & forfeitures,
<br />interest & property income, and charges for services are estimated to increase by 6%
<br />over 2020-21. Of the estimated General Fund revenue of $123,102,300 in 2021-22, 70%
<br />is generated from only three sources: sales tax, property tax, and utility users tax.
<br />
<br />General Fund,
<br />129,956,400 , 65%
<br />Special Revenue,
<br />13,744,200 , 7%
<br />Capital Project,
<br />6,275,000 , 3%
<br />Debt Service,
<br />3,633,900 , 2%
<br />Enterprise,
<br />26,198,400 , 13%
<br />Internal Service,
<br />16,775,900 , 8%
<br />Successor Agency,
<br />3,316,900 , 2%
<br />Expenditures by Fund
<br />FY 2021-22
<br />9
<br />42
|