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^ I <br />t: <br />L <br />t <br />I <br />S tatewide Trends and Comparisons <br />This section of the report is to provide you with a summary of financial trends of Minnesota cities of <br />comparable size. Most of this information is based on data as of December 31, 1995 (only partial information <br />for 1995 is available from the State at this time) and prior years. <br />Governmental Funds Sources of Revenue <br />Governmental funds include General. Special Revenue. Debt Service, and Capital Project Funds. <br />A municipality’s governmental fund revenues are affected by many factors, including the size and make-up <br />of its tax base, the amount of development in the City, and the level of services it provides. Therefore, it is <br />difficult to compare one City to the next. However, the following per capita revenue information is provided <br />as one means of evaluating recent revenue trends. <br />Population Class <br />1991 <br />Per Capita <br />1992 <br />Per Capita <br />1993 <br />Per Capita <br />1994 <br />Per Capita <br />1995 <br />Per Capita <br />20.000 to 100,000 $ 586.32 $ 610.33 $ 636.21 $ 641.64 $ N/A <br />10,000 to 20,000 608.32 633.01 645.47 650.26 N/A <br />2,500 to 10,000 531.31 577.03 591.01 579.69 N/A <br />2,000 to 2,500 575.91 585.93 574.75 606.11 N/A <br />1,500 to 2,000 <br />City of Orono <br />684.73 661.88 642.60 631.94 N/A <br />----1 <br />(Class 2,500 to 10,000) <br />N/A - Not Available <br />468.52 570.21 591.26 676.56 627.43 <br />For the City of Orono, 1996 per capita revenue is approximately $608.56 based on an estimated <br />population of 7,530. <br />The components of revenue in the governmental funds by class is useful to compare the reliance on certain <br />revenue sources. <br />Sutewide for Year Ending December 31. 1994 <br />City of <br />Orooo <br />20.00a 100.000 10.000-20.000 2.500-10.000 2,000-2.500 1,500-2,000 1995 1996 <br />Propeny taxes 26.6%22.0%24.4%24.8%21.7%41.3%43.3% <br />Tax increments 9.8 11.6 7.8 5.2 4.7 <br />Other taxes 2.8 1.0 0.5 0.3 0.2 • <br />Special assessments 10.6 11,0 9.5 6.5 7.5 4.0 4.4 <br />Licenses and permits 3.2 2.7 2.6 1.8 1.3 4.3 4.5 <br />Intergovernmental 25.0 32.9 36.1 40.8 45.3 18.3 15.3 <br />Charges for services 70 6.3 7.6 8.3 7.6 19.7 21.3 <br />Other 15.0 12.5 11.5 12.3 11.7 12.4 11.2 <br />Toul revenue 100.0%100.0%100 0%100.0%100.0%100.0%100.0% <br />-3- <br />i I