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Page 6 <br /> FINANCE DEPARTMENT <br /> The Finance Department consists of six major divi- FISCAL YEAR REVENUES AND <br /> sions: Accounting. Purchasing, Budgeting, Personnel, EXPENDITURES FOR GENERAL FUND <br /> City Records, Data Processing and Utility Billing. <br /> ACCOUNTING REVENUES <br /> (Interest, Transfers Intergovernmental (8.0%)Inter <br /> All City funds are g <br /> received and expended & Reimb.) Other <br /> through the Accounting (4.0%) Franchise Tax (8.0%) <br /> Division. All revenues ', / <br /> from sales tax. property �. Licenses & Permits <br /> tax, water and sewer bills, z< <br /> cemetery fees. licenses, (22.0%) Property Tax (10.0%) <br /> permits and court fines <br /> are processed here. In <br /> total, over 6.000 in �`` Charges For Services (23.0%) <br /> � Sales Tax <br /> dividual receipts totaling (25.0%) <br /> more than $6 million <br /> dollars were written in <br /> 1983. Victoria Hartman, <br /> Available city funds in- Finance Secretary <br /> vested in 1983 generated <br /> $412.015 in interest EXPENDITURES <br /> income. Community Development <br /> In addition to the financial support provided to (11.0%) Financial Services (8.0%) <br /> 7 <br /> management and the Council, monthly accounting <br /> and budgeting information is provided to all City <br /> Departments. This reporting allows all departments to General Government <br /> evaluate and stay within their appropriate budgets. Public Works (22.0%) (9.0%) <br /> PURCHASING <br /> The Purchasing Division insures that every City Community Services (27.0%) <br /> purchase is according to policy and that the best <br /> price is obtained on each one. The Purchasing Divi- <br /> sion also administers the Fixed Asset Control System. Public Safety (23.0%) <br /> The Fixed Asset System represents over 1.136 in- \ <br /> .....---; <br /> dividuals listings representing an investment of <br /> $71.821.632. <br /> Urban Drain. & Flood Cont. (0.9%) <br /> BUDGETING Louisville Fire Dist. <br /> (6.0%) <br /> The City's total 1983 General Fund Budget was <br /> $2.490.726. The City's two major sources of <br /> General Fund revenue. excluding growth fees col- <br /> lected, are from Sales Tax and Property Tax. The Boulder County <br /> 1983 City Sales Tax rate was 2% per dollar spent (28.7%) <br /> on taxed commodities. This rate generated $689,855 School District RE-2 <br /> in revenue. <br /> (56.5%) <br /> Property tax is assessed by the County and is <br /> divided among the School District, Boulder County, City of Louisville <br /> Louisville Fire District, The City of Louisville and Ur- (7.9%) <br /> ban Drainage. This tax generated a total of <br /> $3,483,743 in 1983: the City's portion was School District 57.440 Mi <br /> $257,051 Boulder County 29.110 Mi <br /> City of Louisville 8.068 Mi <br /> Louisville Fire District 6.050 Mi <br /> Urban Drainage & Flood Control .900 Mi <br />