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GOVERNMENTAL FUNDS OVERVIEW This section of the report provides you with an overview of the financial trends and activities of the City's governmental funds. Governmental funds include the General Fund, special revenue funds, debt service funds, and capital project funds. We have also included the most recent comparative state -wide averages available from the Office of the State Auditor. The reader needs to consider the effect of inflation and other known changes or differences when comparing this data. Also, certain data on these tables may be classified differently than how they appear on the City's financial statements in order to be more comparable to the state -wide information, particularly in separating capital expenditures from current expenditures. We have designed this section of our management report using per capita data in order to better identify unique or unusual trends and activities of your city. We intend for this type of comparative and trend information to complement, rather than duplicate, information in the Management's Discussion and Analysis. An inherent difficulty in presenting per capita information is the accuracy of the population count, which for most years is based on estimates. GOVERNMENTAL FUNDS REVENUE The amounts received from the typical major sources of revenue will naturally vary between cities based on their particular situation. This would include the City's stage of development, location, size and density of its population, property values, services it provides, and other attributes. The following table presents the City's revenue per capita of its governmental funds for the past three years, together with state -wide averages: State -Wide City of Ramsey Year December 31, 2007 2006 2007 2008 Population 2 000-2 500 2 500-10 000 10 000-20 000 20 000 -100 000 23 500 24100 24 100 Property taxes $ 319 $ 333 $ 332 $ 353 $ 296 $ 341 $ 361 Tax increments 41 46 52 56 124 130 141 Franchise and other taxes 7 22 32 35 — — — Special assessments 68 89 54 73 45 25 21 Licenses and permits 27 33 28 37 34 28 36 Intergovernmental revenues 320 273 267 169 210 73 109 Charges for services 86 106 88 82 75 58 25 Other 133 126 108 113 111 152 244 Total revenue Governmental Funds Revenue per Capita With State -Wide Averages by Population Class $ 1,001 $ 1,028 $ 961 $ 918 $ 895 $ 807 $ 937 Total revenue per capita increased by $130, with the increase spread across several areas including property taxes, tax increments, intergovernmental, and other local sources. Other local sources experienced the largest increase for resources recognized related to RTC streetscape improvements completed in the current year.