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To the City Council and Citizens of the City of Orono
<br />May 14, 1999
<br />The following table presents a comparative analysis of General Fund revenues for 1998 and 1997,
<br />respectively:
<br />1998 1997
<br />Increase (Decrease)
<br />From 1997
<br />Source
<br />Property taxes
<br />Special assessments
<br />Licenses and permits
<br />Intergovenunental revenue
<br />Charges for services
<br />Fines and forfeits
<br />Interest
<br />Other revenue
<br />Amount % of Total Amount % of Total Amount % Change
<br />$ 1,736,021 44.9%
<br />275,381
<br />502,857
<br />1,103,119
<br />76,621
<br />116,715
<br />54,714
<br />7.1
<br />13.0
<br />28.5
<br />2.0
<br />3.0
<br />1.5
<br />$ 1,687,266
<br />44
<br />248,075
<br />504,308
<br />1,048,514
<br />83,396
<br />77,438
<br />73,924
<br />45.3% $
<br />6.7
<br />13.5
<br />28.2
<br />2.2
<br />2.1
<br />2.0
<br />48,755
<br />(44)
<br />27,306
<br />(1,451)
<br />54,605
<br />(6,775)
<br />39,277
<br />2.9 %
<br />11.0
<br />(0.3)
<br />5.2
<br />(8.1)
<br />50.7
<br />$ 3.865.428 100.0% S 3^22,965 100.0%
<br />(19,210) (26.0)
<br />$ 142,463 3.8 %
<br />Property Taxes reflects a 4.1% tax levy increase and a normal variance in delinquencies from year to year.
<br />Charges for Services increased from contracted police services for special events and police services
<br />provided to other communities; and from animal control services contracted by other communities.
<br />Interest Revenue increased due to changes in investment values, interest rates, and amounts available to
<br />invest.
<br />Other Revenues decreased due to lower insurance dividends.
<br />The amount of expenditures from the General Fund for 1998 and 1997, respectively, are presented in the
<br />following table:
<br />Increase (Decrease)
<br />Function
<br />1998 1997 From 1997
<br />Amount % of Total Amount % of Total Amount % Change
<br />Current and capital outlay
<br />General government $833,067 23.3%$764,875 22.6%$ 68,192 8.9 %
<br />Public safety 2,012,106 56.2 1,936,013 57.2 76,093 3.9
<br />Streets 480,074 13.4 469,012 13.8 11,062 2.4
<br />Parks and recreation 53,792 1.5 50,285 1.5 3,507 7.0
<br />Recycling 70,840 2.0 68,773 2.0 2,067 3.0
<br />Miscellaneous 130.402 3.6 97.590 2.9 32.812 33.6
<br />$3,580,281 100.0%$3,386,548 100.0%$ 193,733 5.7 %
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