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Agenda - Council Work Session - 06/10/2025
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Agenda - Council Work Session - 06/10/2025
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6/23/2025 9:43:56 AM
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6/10/2025 3:40:53 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
06/10/2025
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GOVERNMENT -WIDE FINANCIAL ANALYSIS (CONTINUED) <br />The graph clearly reflects the need for property taxes to supplement the governmental activities of the City. The <br />trend of property taxes shows an increasing reliance on this source of revenue. <br />Governmental Activities — The following chart illustrates the City's governmental activities revenues: <br />Revenue by Source — Governmental Activities <br />Investment <br />earnings, 6.37% <br />Capital grants and <br />contributions, 24.90% <br />Gain on sale, <br />capital assets, 0.24% <br />Charges for services, <br />7.95% <br />Operating grants <br />and contributions, <br />2.51% <br />Property taxes, <br />58.03% <br />Business -Type Activities — The following graph illustrate the City's business -type activities: <br />$10,000,000 <br />$9,000,000 <br />$8,000,000 <br />$7,000,000 <br />$6,000,000 <br />$5,000,000 <br />$4,000,000 <br />$3,000,000 <br />$2,000,000 <br />$1,000,000 <br />$- <br />Expenses and Program Revenues — Business -Type Activities <br />Water Utility Sewer Utility Street Light Utility Recycling Utility Storm Water <br />Utility <br />• Program Revenues • Expenses <br />32 <br />
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