|
SUBJECT:
<br />DATE:
<br />ADOPTION OF 2016 BUDGET
<br />NOVEMBER 2, 2015
<br />PAGE 7OF11
<br />These forecasts are based on the following revenue assumptions and expenditure
<br />targets.
<br />Summary of Significant Revenue Assumptions
<br />Revenue Cate •o
<br />2014 2015 Percent of Change from Prior Year
<br />Actual Estimate 2015 2016 2017 2018 2019 2020
<br />Taxes:
<br />Sales Tax
<br />Property Tax
<br />Use Tax - Consumer
<br />Use Tax - Building Materials
<br />Use Tax - Auto
<br />Franchise Taxes
<br />Lodging Tax
<br />Specific Ownership Tax
<br />11,461,675
<br />2,996,509
<br />1,459,890
<br />1,217,640
<br />1,235,703
<br />1,123,486
<br />428,075
<br />160,034
<br />12,020,340
<br />3,067,650
<br />1,489,090
<br />1,886,710
<br />1,266,600
<br />1,072230
<br />470,880
<br />164,030
<br />4.9%
<br />2.4%
<br />2.0%
<br />54.9%
<br />2.5%
<br />-4.6%
<br />10.0%
<br />2.5%
<br />3.5%
<br />16.5%
<br />2.0%
<br />- 19.8%
<br />2.3%
<br />2.1%
<br />4.0%
<br />2.0%
<br />3.5%
<br />2.1%
<br />1.0%
<br />-24.8%
<br />2.0%
<br />2.0%
<br />3.0%
<br />2.0%
<br />3.5%
<br />3.6%
<br />1.0%
<br />-33.1%
<br />2.0%
<br />2.0%
<br />3.0%
<br />2.0%
<br />-0.2%
<br />- 22.7%
<br />-2.6%
<br />- 44.9%
<br />-1.9%
<br />1.9%
<br />2.5%
<br />2.0 %°
<br />3.5%
<br />3.6%
<br />1.0%
<br />- 24.0%
<br />2.0%
<br />1.9%
<br />2.5%
<br />2.0%
<br />Licenses & Permits:
<br />Construction Permits
<br />Minor Building - Related Permits
<br />Intergovernmental Revenue:
<br />Highway Users Tax
<br />State Lottery
<br />Charges for Services:
<br />Water User Fees
<br />Water Tap Fees
<br />Wastewater User Fees
<br />Recreation Center Fees
<br />Solid Waste User Fees
<br />Impact Fees
<br />Wastewater Tap Fees
<br />Storm Water User Fees
<br />Fines & Forfeitures
<br />Court Fines
<br />714,821 1,270,620 77.8% -12.7% -8.8% -38.2% -28.2% -21.6%
<br />245,101 261,500 6.7% - 36.3% 2.0% 2.0% 2.0% 2.0%
<br />608,508 620,680 2.0 % -4.7% 1.0% 1.0% 1.0% 1.0%
<br />183,996 184,000 0.0% 1.0% 1.0% 1.0% 1.0% 1.0%
<br />4,641,032
<br />2,260,605
<br />2,289,406
<br />1,869,815
<br />1,227,599
<br />469,423
<br />489,959
<br />629,963
<br />4.294.680
<br />3,927,190
<br />2,650,410
<br />1.835.990
<br />1,399,460
<br />1,740,200
<br />485.100
<br />705,560
<br />-7.5% 10.9% 10,8% 3.8% 0.8% 0.8%
<br />73.7% 117.1% -45.1% -66.8% -53.4% - 100.0%
<br />15.8% 19.9% 10.7% 2.4% 1.2% 1.3%
<br />-1.8% 0.7% -0.2% 0.0% 0.0% 0.0%
<br />14.0% 5.4% 3.1% 3.1% 3.1% 3.0%
<br />270.7% -53.4% 22.1% -67.8% -47.5% - 100.0%
<br />-1.0% 314.4% -43.4% -81.1% -38.2% - 100.0%
<br />12.0% 12.0% 6.7% 1.5% 1.0% 1.0%
<br />188,008 141.010 - 25.0 ° /Q 6.4% 0.0% 0.0% 0.0% 0.0%
<br />CITY COUNCIL COMMUNICATION
<br />66
<br />
|