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FINANCIAi_. SECTION (continued) The following table presents a comparative analysis of General Fund Revenues and Other Financing Sources for 1997 and 1996, respectively: unction Property Taxes Licenses and Permits Intergovernmental Revenue Charges for Services Fines and Penalties Other Revenue: Interest Earned on Investments Miscellaneous Transfers From Other Funds Total Revenues and Other Financing Sources 1422 124Sz of % of Am~anl Total An1QUn1 Total $2,044,749 48.3% $1,748,024 44.3% 385,481 9.1 441,204 11.2 1,093,109 25.8 1,014,962 25.7 299,418 7.1 278,440 7.0 47,358 1.1 56,883 1.4 164,374 3.9 106,484 2.7 7,944 .2 14,567 .4 188.557 4.5 290.104 7.3 $4.230.990 100.0% $3.950,668 100.0% Current tax collections for 1997, for general and debt service levies, are 99.01% of the tax levy, compared to 99.5% in 1996. The ratio of total collections [current, delinquent and tax forfeit sales] exclusive of tax increments, to the current tax levy is 98.9%, a decrease of .6%, compared to 1996. Licenses and Permits revenue decreased in 1997. The decrease of $55,723 from 1996 to 1997, is due primarily to building permit activity as new housing decreased 20% over 19961evels. Intergovernmental revenues increased in 1997, by $78,147 over 1996. This increase is due primarily to an increase in State funded aids and the Federal COPS Fast grant received late in the year. The increase of $20,978 in Charges for Services, from 1996 to 1997, is due primarily to the recording of overhead from street maintenance projects to reimburse engineering time. Plan check fees were considerably lower in 1997 due to the decrease in building permit activity as noted above. Other catagories under Charges for Services remained constant from 1996 to 1997. Interest Earnings increased by $57,890 in 1997. This increase was due to several factors, including a more stable market with less volatility. There was a decrease of $101,547 in the Transfers from Other Funds from 1996 to 1997. This decrease was due to the amounts available from the Equipment Replacement Fund for budgeted 1997 capital purchases, and the amount available from the Public Improvement Revolving Fund for the annual street maintenance programs. The distribution of the tax levy, by purpose expressed as tax capacity rates for the years payable 1993 to 1997, are as follows: General Fund 1'g~ Tax apaci Rate 1993 15.923 1994 18.352 1995 19.175 1996 20.254 1997 20.346 Debt Service Funds 0.259 0.332 0.243 0.113 0.108 Total City Share Tax Capacity Rate 16.182 18.684 19.418 20.367 20.454 x