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The amount of expenditures and other financing uses to other funds from the General Fund for 2003 and
<br />2002, respectively, are presented in the following table:
<br />Function
<br />2003 % of 2002 % of
<br />Amount Total Amount Total
<br />Current:
<br />General government $ 1,865,401 23.6% $ 1,699,984 28.7%
<br />Public safety 2,177,494 27.6 2,092,520 35.3
<br />Highways and streets 923,149 11.7 894,468 15.1
<br />Culture and recreation 476,039 6.0 480,165 8.1
<br />Debt service 45,694 0.6 49,113 0.8
<br />Capital outlay 1,242,111 15.8 287,945 4.9
<br />Transfer to other funds 1,163,083 14.7 419,530 7.1
<br />The increase in current expenditures was primarily for salary increases, additional personnel in building,
<br />community development, and general increases in other costs. Capital outlay and transfers out will
<br />fluctuate from year to year based on equipment acquisitions and project funding occurring in that year.
<br />SPECIAL REVENUE FUNDS
<br />Total expenditures and
<br />other financing uses $ 7,892,971 100.0% $ 5,923,725 100.0%
<br />Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally
<br />or otherwise restricted to expenditures for specific purposes.
<br />The following is a summary of the financial activities and fund balances of the City's Special Revenue
<br />Funds for 2003 and 2002.
<br />2003 2002
<br />Total revenues and other financing sources $ 4,511,005 $ 4,192,108
<br />Total expenditures and other uses $ 3,842,299 $ 3,402,505
<br />Total fund balances $ 9,983,810 $ 9,315,104
<br />DEBT SERVICE FUNDS
<br />Debt Service Funds are used to account for the current year payment of matured principal and interest on
<br />long -term general obligation debt. Sources available for payment of the debt service are provided by
<br />special assessments, tax increments, general property tax levies and interest earnings on investments.
<br />The following is a summary of the financial activities and fund balances of the City's Debt Service Funds
<br />for 2003 and 2002.
<br />Total revenues and other financing sources $ 3,936,822 $ 1,909,421
<br />Total expenditures and other uses $ 2,742,843 $ 2,069,021
<br />Total fund balances $ 1,600,766 $ 406,787
<br />2003 2002
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