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The following chart reflects the City’s General Fund reliance on its rexenue sources <br />Gan«al Fund Revenue By Source <br />31.19M <br />9C <br />CKf ee» Id* eeregei 2S 1% <br />The following table and graph present the City’s General Fund revenue s<'urces for ihe past five years <br />Taxes Stale Other Total <br />Year Amount Percent Amount Pcaeni Amount Percent Revenue <br />I99f)S 1.581.77(S 53 6 $ in .626 38 ^S 1 258.069 42 6 %S 2.951.471 <br />1991 1.620.232 58 9 140.448 5 1 988.932 36 0 2.749.612 <br />1992 1.561.034 53 >219.667 7 6 1.122.0tu 38 6 2.902.705 <br />1993 1.546.814 48 7 398.003 12 7 1.227.792 38 6 3.P3.509 <br />1994 1.645.133 50 1 442.512 13 5 1.195.950 36 4 3.283.595 <br />As reflected in the illustrations of General Fund revenue by source, taxes and other revenue ha\e <br />remained very level over the past several years As ct'mpared t*> most Minnesota municipalities, the City <br />of Oromi receives a very small pt^rtion of its revenue from state aids. The City receives no Uxal <br />Government Aid (LGA). The increase in state aids reflected above is a result of tax formula changes in <br />the form of state paid tax credits (HACA). The increa.se in HACA only offsets the loss of tax capacity <br />by these changes. <br />Geners! <=urKl Revenue By Source <br />Years Ended December 31 <br />inc — <br />o^rr <br />j:■i <br />I ♦-I <br />no <br />i <br />»o <br />0 —I <br />!— <br />• <br />!------ -| <br />1 j_____ <br />1 <br />LJKi_ <br />i , <br />1V <br />Jk j <br />II <br />tftl 1»»]IW4 <br />^ Twm. P Si*i# % OI»W* <br />-6-