1981 Adopted Annual Budget - Laserfiche WebLink

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The following is provided for your information in understanding the City Budget: 1) Page III shows how your tax dollars work for the City. 2) Pave V Council Resolution adopting the tax levy that will fund this 1981 City Budget. 3) Page VI Council Resolution adopting total budget in accordance to its category for planned expenditures. 4) Page 1 through 2 Detail of Revenue by Source - This shows all sources of Revenue used in the General Fund. 5) Page 3 Summary of Expenditures by Department and Activity This gives you a broad breakdown on expenditures within the budget. 6) Page 4 through 5 Detail of Expenditures by Minor Object (All Funds) - This will give you a total cost of any given line item in the budget. 7) Page 6 through 79 gives you a breakdown on costs for each activity in the City General Fund budget. SPECIAL REVENUE FUNDS: Federal Revenue Sharing Fund - The City maintains all Revenue Sharing Funds received here. When the City expends Revenue Sharing money its transferred to the fund where it is being used. Park and Recreation Fund - This fund is set up to cover all costs pertaining to park land acquisition, playground equipment and maintenance of park land and the equipment. The following is provided to better acquaint you with the workings of this fund: 1) Please refer to page 84 which shows a fund summary for revenues to operate the Park and Recreation Fund. It also gives a broad summary of expenditures. 2) Please refer to pages 85 and 86 which gives you a line item breakdown on expenditures. 3) Please refer to pages 87 and 88 which gives you a brief ex- planation for the proposed expenditures. SPECIAL ASSESSMENT FUND: This covers the debt service on each of our bond issues except the $365M Bond Issue November 1980. This bond issue is not covered in the City Budget.