1994 CAFR - Laserfiche WebLink

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JFRRTANCJIA1I RI[JMMARSY (Continued) General Fund (continued) Total fund balance for the General Fund consisted of the following reservations and designations: Fund Balance 1994 Reserved for Prepaid Items (included in Other Assets) $ 2,635 Unreserved - Designated for Compensated Absences 154,782 Designated for Working Capital 1,325,334 Undesignated 266.195 Total Fund Balance $ 1,748,946 The following table presents a comparative analysis of General Fund Revenues for 1994 and 1993, respectively: Function Property Taxes Licenses and Permits Intergovernmental Revenue Charges for Services Fines and Penalties Other Revenue: Interest Earned on Investments Miscellaneous Transfers From Other Funds Total Revenues Current tax collections for 1994, for general and debt service levies, are 98.9% of the tax levy compared to 98.5 in 1993. The ratio of total collections (current, delinquent and tax forfeit sales), exclusive of tax increments, to the current tax levy is 101.6 %, an increase of 1.4% compared to 1993. The distribution of the tax levy, by purpose expressed as tax capacity rates for the years payable 1990 to 1994, are as follows: Year 1990 1991 1992 1993 1994 General Fund Debt Service Funds Total City Share Tax Capacity Rate Tax Capacity Rate Tax Capacity Rate 14.905 0.288 15.193 13.252 0.161 13.413 15.034 0.182 15.216 15.923 0.259 16.182 18.352 0.332 18.684 Amoun $1,324,187 264,081 949,280 189,307 44,038 83,098 17,264 75.098 $2,946,353 1994 1993 $ 49,134 123,078 1,349,113 279,649 $ 1,800,974 1993 % of % of Total Amount Total 44.9% $1,101,166 38.6% 9.0 340,992 12.0 32.2 952,317 33.4 6.4 234,859 8.2 1.5 54,929 2.0 2.8 89,127 3.2 0.6 5,480 0.2 2.6 70,100 2.4 100.0% $2,848,970 100.0%