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Total fund balance for the General Fund consisted of the following reservations and designations:
<br />Fund balance
<br />Reserved for prepaid items
<br />Unreserved
<br />Designated for compensated absences
<br />Designated for working capital
<br />Undesignated
<br />1998 .1997
<br />$ 3,533 $ 22,576
<br />195,313 182,291
<br />1,807,470 1,610,135
<br />784,839 326,542
<br />$ 2,791,155 $ 2,141,544
<br />The following table presents a comparative analysis of General Fund Revenues and Other Financing Sources
<br />for 1998 and 1997, respectively:
<br />Property taxes
<br />Licenses and permits
<br />Intergovernmental revenue
<br />Charges for services
<br />Fines and penalties
<br />Other revenue
<br />Interest earned on investments
<br />Miscellaneous
<br />Proceeds from sale of fixed assets
<br />Transfers from other funds
<br />Total revenue and
<br />other financing sources
<br />1.998 1997
<br />Amount Percent Amount Percent
<br /> of Total of Total
<br />
<br />$ 2,254,944 44.6 % $ 2,044,749 48.3
<br />404,718 8.0 385,481 9.1
<br />1,088,576 21.6 1,093,109 25.8
<br />280,858 5.6 299,418 7.1
<br />47,987 0.9 47,358 1.1
<br />167,193 3.3
<br />8,350 0.2
<br />6,983 0.1
<br />792,354 15.7
<br />164,374 3.9
<br />7,944 0.2
<br />188,557 4.5
<br />$ 5,051,963 100.0 % $ 4,230,990 100.0
<br />Current tax collections for 1998, for general and debt service levies, are 99.4% of the tax levy, compared to
<br />99.01 % in 1997. The ratio of total collections (current, delinquent and tax forfeit sales) exclusive of tax
<br />increments, to the current tax levy was 98.5%, a decrease of 0.3%, compared to 1997.
<br />The distribution of the tax levy, by purpose expressed as tax capacity rates for the years payable 1994 to
<br />1998, are as follows:
<br />General Fund Debt Service Funds Total City Share
<br />Year Tax Capacity Rate Tax Capaci , Rate Tax Capacity Rate
<br />1998 21.526 0.004 21.530
<br />1997 20.347 0.107 20.454
<br />1996 20.254 0.113 20.367
<br />1995 19.175 0.243 19.418
<br />1994 18.352 0.332 18.684
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