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The following table presents a comparative analysis of General Fund Revenues and Other Financing Sources for 2002 and 2001, respectively: 2002 2001 % of % of Function Amount Total Amount Total Property Taxes $ 3,948,850 60.5% $ 3,504,711 60.4% Licenses and Permits 410,674 63 307,815 5.3 Intergovernmental Revenue 1,000,976 15.3 1,257,975 21.7 Charges for Services 388,251 5.9 220,674 3.8 Fines and Penalties 63,631 1.0 56,055 1.0 Other Revenue: Interest Earned on Investments 169,006 2.6 188,071 3.2 Miscellaneous 8,309 0.1 10,450 0.2 Transfers From Other Funds 539,879 8.3 253,503 4.4 Total Revenues and Other Financing Sources $ 6,529,576 100.0% $ 5,799,254 100.0% Current tax collections for 2002, for general and debt service levies, are 98.7% of the tax levy, compared to 97.7% in 2001. The ratio of total collections (current, delinquent and tax forfeit sales) exclusive of tax increments, to the current tax levy was 99.9 %, a decrease of .10 %, compared to 2001. The distribution of the tax levy, by purpose expressed as tax capacity rates for the years payable 1998 to 2002, are as follows: Year Debt Service Total City General Fund Funds Share Tax Capacity Tax Capacity Tax Capacity Rate Rate Rate 2002 39.088 2.036 41.124 2001 25.848 1.771 27.619 2000 22.311 1.804 24.115 1999 22.890 0.003 22.893 1998 21.526 0.004 21.530 Licenses and permits, as well as charges for services, increased in 2002 primarily due to an increase in new building construction and the addition of an Engineering Tech whose time is billed out. The decrease in investment earnings is attributed to market changes. The most significant change from 2001 to 2002 is the increase of transfers in from other funds. The increase was due to the purchase of several items of capital equipment purchased with funding from the Equipment Revolving Fund. xii