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Department of Finance January 18, 1985 <br /> <br />r'~neral [~n~--eDtg: <br /> <br />~]~e Financial Bealth Profile gives Mayors, Councilmembers, Staff and the Public <br />a method to measure its ability to adapt its expenditures to resources on a <br />continuing basis. ~]~e profile also provides the information necessary to <br />oompare more than one goverr~ental unit. <br /> <br />Please note that all indicators should be examined together along with the <br />unique characteristics of the goverr~ental unit. <br /> <br />~he growth period Ramsey has experienced, though slowed considerably, is <br />illustrated by the following measurements, (stated as oompared to the <br />oo~unities in the 10,000 to 20,000 population group): <br /> <br /> Population and Market Values increased 4% more than average. <br /> Assessed Values increased 7% more than average. <br /> <br /> Building Permits increased 35% more than average. <br /> <br /> Retail Sales Activity increased 19% more than the average. <br /> <br /> 5btal Revenues increased 15% more than the average. <br /> <br />Despite the higher growth rate, Ramsey continues to operate with a considerably <br />lower oost per capita than other communities in the 10,000 to 20,000 population <br />group. <br /> <br />Current expenditures per capita r~ain 46% below the average, and total <br />expenditures per capita are 49% below average. <br /> <br />Current revenue per capita is 58% lower than the average. <br /> <br />T~tal debt per capita is 61% lower than the average. <br /> <br />Major revenue sources continue to give mixed messages about Ramsey as <br />oompared to other ~unities in the 10,000 to 20,000 population group. <br /> <br /> Property tax % of total revenues is 1.4% less than average. <br /> <br /> Ow~ source revenues (licenses, permits, fees, interest, fines etc.) % <br /> of total revenues is 6.6% less than average. <br /> <br />Paqe 1 of 4 <br /> <br /> <br />