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<br />To the City Council and Citizens of the City of Orono
<br />April 29, 1997
<br />The following table presents a comparative analysis of General Fund Revenues for 1996 and 1995,
<br />respectively:
<br />1996 1995
<br />Source Amount
<br />%of
<br />Total Amount
<br />% of
<br />Total
<br />Propeny taxes $ 1,641,943 47.3%$1,644,440 48.0%
<br />Special assessments 20 -460 -
<br />Licenses and permits 207,277 5.9 202,195 5.9
<br />' Intergovernmental revenue 454,660 13.1 464,061 13.6
<br />^ Charges for services 976,891 28.1 928,121 27.1
<br />1 Fines and forfeits 71,556 2.1 80,610 2.4
<br />Interest 68,449 2.0 62,347 1.8
<br />i Other revenue 51,944 1.5 40,173 1.2
<br />1r $ 3,472.740 100.0%$3,422,407 100.0%
<br />Intergovernmental revenue in 1996 decreased 2.0% from the 1995 amount due to a reduction in the State
<br />paid Homestead and Agricultural Credit Aid (HACA). The 1996 net increase in charges for services
<br />revenue totaled $48,770, or 5.3% over the 1995 amount This resulted mainly from increases in contracted
<br />police services to surrounding communities, police special service fees, and public works contracted
<br />services fees. The 1996 fines and forfeits revenue decreased $9,054, or 11.2% from the prior year. The
<br />increase in interest revenue of 9.8% over the prior year reflects the effects of higher levels of investment
<br />activity and improved interest rates. Other revenues increased 29.3% from the prior year, due principally
<br />to higher than normal property and casualty insurance dividends.
<br />The amount of expenditures from the General Fund for 1996 and 1995, respectively, are presented in the
<br />following table:
<br />Total General Fund Expenditures increased $301,591, or 9.7% over the previous year. The major portion
<br />of this increase is within the miscellaneous area, and resulted from the purchase of land from Hennepin
<br />county. The two acre parcel, located adjacent to the current city hall site, was purchased for future use
<br />at a cost of $252,603 and was funded from Undesignated Fund Balance. The decrease in general
<br />government expenditures of $40,520, or 5.3% reflects the reduced cost of insurances and the first year
<br />savings related to the replacement of the contracted data processing service with an in-house system. The
<br />increase in street department expenditures of $45,282, or 10.7% is a result of increased levels of street
<br />maintenance and snow removal costs compared to the prior year.
<br />-8-
<br />Function
<br />1996 1995
<br />m
<br />Amount
<br />% of
<br />Total Amount
<br />% of
<br />Total
<br />urrent and capital outlay
<br />General government $ 719,153 21.1%$759,673 24.4%
<br />Public safety 1,739,605 51.0 1,724,200 55.4
<br />Streets 468,892 13.7 423,610 13.6
<br />Parks and recreation 51,142 1.5 50,449 1.6
<br />Recycling 68,634 2.0 70,682 2.3
<br />Miscellaneous 365,529 10.7 82,750 2.7
<br />$ 3,412,955 100.0%$3,111,364 100.0%
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