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Schedule of Revenue, Expenditures, & Changes to Fund Balances
<br />All Funds
<br />2014 - 2016
<br />2014 2015 2015 2016 2016 Am't of 9fo of
<br />Actual Budget Estimate Reg Bdgt Roc Bdgt Change Change
<br />Beginning Fund Balance '46,599,953 42,826,884 42,826,884 42,430,574 42,430,574
<br />Revenue
<br />Taxes 19,993,142 20.724,620 21,271.790 22 126,200 22,252,521 1,527,901 7.37%
<br />Licenses & Permits 1,091.849 1.386,500 1,689,930 1,816,980 1,504.090 117,590 8.48%
<br />Intergovernmental Revenue 4,135..026 9,031,060 9,372,630 6,139.890 6,106,860 (2,924,200) - 32.38%
<br />Charges for Services 14.218,821 18.258,160 17,789,320 26.767,440 26.274,250 7,016,090 38.43%
<br />Fines & Forfeitures 250,634 227,470 220,210 233,300 233.300 5,830 2.56%
<br />Miscellaneous Revenue 892,606 648.570 831.770 713,230 792.230 243.660 44.42%
<br />Other Financing Sources 783,885 18.652,770 33.351.870 3,750.000 3,750,000 (14,902,770) - 79.90%
<br />Interfund Transfers 11.961.486 4,652,220 3,469.920 2.608,810 3.024.686 (1.627,635) - 33.66%
<br />Total Revenue 53,317,449 73,381,370 87,987,440 64,053,850 62,937,836 (10,443,534} - 14.23 "J0
<br />Expenditures
<br />Administration & Operations 24,640.024 29.427,920 28.666,260 30,888.081 30.390,620 962.600 3.27%
<br />Debt Service 1,716,924 4,083,560 2,278..920 3..576..620 3,576,620 (606,940) - 12.41%
<br />Capital Outlay 18,510.142 63,966.720 53,763,460 33.746,180 33.781.930 (20.183.790) - 37.40%
<br />Other Financing Uses 271,943 325,200 325..200 328,800 328,800 3,600 1.11%
<br />Transfers 11,961.486 4,652,220 3,469.920 2,608,810 3,024.686 (1.627,636) - 33.66%
<br />Total Expenditures 57,090,518 92,354,620 88,383,750 71,047,491 71,102,455 (21,252,165), - 23.019'0
<br />Ending Fund Balance 42,826,884 23,853,633 42,430,574 35,436,933 34,265,955
<br />Note: This Schedule Does No Contain the 3% General Fund Turnback Amounts
<br />Individual Funds & Long -Term Forecasts
<br />The 2016 Recommended Budget has been incorporated into the City's Long -Term
<br />Financial Plan as the new "base year ". The Plan's long -term revenue assumptions and
<br />long -term expenditure targets have been applied to the 2016 Recommended Budget to
<br />project revenue, expenditures, and changes in fund balances for 2017 through 2020.
<br />The term expenditure targets is used, rather than expenditure assumptions, to denote a
<br />greater degree of management control over expenditures in comparison to revenue.
<br />The following schedule summarizes some of the more significant revenue assumptions
<br />used in the Long -Term Financial Plan.
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