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5. Individual Economic_ Status - These figures generated <br />from -income tax figures show Orono with an individual <br />per capita income substantially less than the state wide <br />income. Possible explanations may include a; reflection <br />of the disparity in income in the community together <br />with population with a minimal taxable income, including <br />retirees and persons of substantial wealth. <br />7. Expenditures_ by Function and 8. Per -Capita - Because <br />of the contract work that the City does, the figures for <br />expenditures are somewhat skewer', particularily as it <br />relates to the Police Department. The City of Orono's <br />costs are approximately half those listed and as such <br />would reduce the total per capita exoenditures in 1988 <br />by $56 to $279. The City's Police per capita <br />expenditures would be adjusted to about $50 per capita. <br />As noted in the latter portion of the report the City's <br />per capita cost of $50 per capita for Police is <br />substantially below even the average for Metro cities. <br />The overall cost of $279 is substantially below the <br />total average. <br />9. Change_ in_Property-Tax-Levy - Orono's levy through <br />1986 has increased 258 since 1982 against a Metro <br />average of 31.5%. <br />10. Ou_tstandin Indebtedness Trends - As noted the <br />f'ity's indebtedness during the last f J �c ycare for <br />ycneral obligation has decreased 64% with a 20% <br />reduction in special assessments. The Metro averages <br />have gone up 46% for G.O. Bonds and about 18 in <br />specials. The City currently has no tax increment <br />financing bonds. During this time period the Metro area <br />increased its tax increment financing bonds by 143%. <br />15. Earnings on Investments - The primary reason for <br />decrease in earnings has been the decrease in interest <br />rates. These have stablized in 1987 and are expected to <br />remain about the same in 1988. <br />17. Number of Employees - The number of employees <br />reported celects the pol ice officers specifically <br />assigned to the other communities, as does the payroll <br />figures in indicator 18. <br />10. Operating Funds - The net income deficits reported <br />in the sewer an(T water funds are those as reflected <br />hefore applying operating transfers in/out and before <br />applying credits for depreciation on contributed assets. <br />After the inclusion of these items the net income to <br />retained earnings for the water fund is $10,166; the <br />sewer fund is 569,611; with the golf course fund <br />reflecting the onl­ net lass of $4,485. The actual <br />position of these funds has works nq capital for the <br />IR <br />