1995 CAFR - Laserfiche WebLink

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General Fund (continued) Interest Eamings dropped by $22,868 in 1995. This drop was due to several factors, including lower interest rates on new investments during 1995, the maturity of higher interest bearing instruments during 1995, and the General Fund holding a smaller share of the average cash balance during the year. There was an increase of $205,047 in the Transfers from Other Funds from 1994 to 1995. This increase was due to the amounts available from the Equipment Replacement Fund for budgeted 1995 capital purchases, and the amount available from the Public Improvement Revolving Fund for the annual street maintenance programs. The distribution of the tax levy, by purpose expressed as tax capacity rates for the years payable 1991 to 1995, are as follows: General Fund Debt Service Funds Total City Share Year Tax Capacity Rate Tax Capacity Rate Tax Capacity Rate 1991 13.252 0.161 13.413 1992 15.034 0.182 15.216 1993 15.923 0.259 16.182 1994 18.352 0.332 18.684 1995 19.175 0.243 19.418 The amount of expenditures and transfers to other funds from the General Fund for 1995 and 1994, respectively, are presented in the following table: Function FINANCIAL SECTION (continued) Current: General Government $ 753,826 23.7% $ 732,512 24.4% Public Safety 1,004,387 31.5 912,727 30.4 Highways and Streets 406,492 12.8 410,386 13.7 Culture and Recreation 225,665 7.1 215,485 7.2 Unallocated - 434 0.1 Debt Services 18,600 0.6 - Capital Outlay 364,624 11.4 101,809 3.4 Transfer To Other Funds 412.120 12.9 625.019 20.8 Total Expenditures $3,185.714 100.0% $2.998.372 100.0% Expenditures under General Government increased by $21,314 over the 1994 levels. This increase was due primarily to salary increases and general operating increases in supplies and services. Public Safety expenditures increased by $91,660 from 1994 to 1995. This increase is attributable to the addition of two full -time sworn officers during the year, salary increases for other public safety personnel, and general operating increases in supplies and services. The decrease of $3,894 under Highways and Streets from 1994 to 1995 was due primarily to a warmer winter which caused a need for less maintenance materials and a decrease in outside contracted services for projects completed during 1994 and others now being done by existing personnel. Culture and Recreation increased $10,180 which can be attributed to salary increases, general operating increases, and increased maintenance costs for the ever expanding parks and open spaces. x 1995 1994 % of % of Amount Total Amount Total