2000 CAFR - Laserfiche WebLink

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The distribution of the tax levy, by purpose expressed as tax capacity rates for the years payable 1996 to 2000, are as follows: Year 2000 22.311 1.804 24.115 1999 22.890 0.003 22.893 1998 21.526 0.004 21.530 1997 20.347 0.107 20.454 1996 20.254 0.113 20.367 Licenses and permits, as well as, charges for services decreased in 2000 primarily due to a lower volume of new building construction. The increase in investment earnings is attributed to market changes and the availability of funds to invest. The most significant change from 1999 to 2000 is the increase of transfers in from other funds. The increase was due to the purchase of several items of capital equipment purchased through capital equipment certificates and future years funding for equipment replacement. The amount of expenditures and other financing uses to other funds from the General Fund for 2000 and 1999, respectively, are presented in the following table: Function SPECIAL REVENUE FUNDS Debt Service Total City General Fund Funds Share Tax Capacity Tax Capacity Tax Capacity Rate Rate Rate %of %of Amount Total Amount Total Current: General Government $1,271,327 26.4% $1,196,992 25.9% Public Safety 1,664,227 34.6 1,514,429 32.8 Highways and Streets 710,351 14.8 574,116 12.4 Culture and Recreation 405,469 8.4 332,356 7.2 Debt Services 55,293 1.1 58,092 1.3 Capital Outlay 355,234 7.4 392,807 8.5 Transfer To Other Funds 351,461 7.3 547,717 11.9 Total Expenditures and Other Financing Uses $4,813,362 100.0% $4,616,509 100.0% The increase in current expenditures was primarily for salary increases, additional personnel in administration, police annd public works, and general increases in other costs. Capital outlay and transfers out will fluctuate from year to year based on equipment acquisitions and project funding occurring in that year. Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally or otherwise restricted to expenditures for specific purposes.