City Budget Summary—2010

It has been a City policy to annually approve a balanced General Fund budget. Other City funds may or may not have a balanced budget, depending on when funding is received for specific expenditure needs. (For example, a grant may be budgeted for an expenditure that may overlap years. Thus all revenues would be in one year, and the expenditures would be in multiple years.)

Summary for all funds

  Adopted 2010 Adopted 2009 Difference % Change
Total Revenues $20,843,247 $23,253,636 $2,410,389 -10.37%
Total Expenditures $20,363,394 $24,815,879 $4,452,485 -17.94%
Use of Equity or Fund Balance $      479,853 $(1,562,243) $   705,728 -130.72%

General Fund

The General Fund accounts for all financial transactions not properly accounted for in any other fund, including most of the basic governmental services. The expenditures from the General Fund account for the majority of primary services provided by the City in the areas of public safety, parks and public works, recreation, planning, engineering and general government.

Revenues Adopted 2010 Adopted 2009 Difference % Change
Property Taxes $ 8,470,018 $  8,229,114 $  240,904 2.93%
Intergovern-mental 440,725 448,010 (7,285) -1.63%
Licenses, Permits & Fines 632,910 804,985 (172,075) -21.38%
Interest Earnings 75,000 105,783 (30,783) -29.10%
Charges for Services 140,150 176,600 (36,450) -20.64%
Miscellaneous 24,400 21,000 3,400 16.19%
Franchise Fees 290,000 290,000      - 0.00%
$ 10,073,203 $ 10,075,492 $  (2,289) -0.02%
Expenditures Adopted 2010 Adopted 2009 Difference % Change
Council $    73,147 $   78,072 $  (4,925) -6.31%
Administrative Services 433,314 452,071 (18,757) -4.15%
Finance 190,039 189,877 162 0.09%
Legal 135,000 130,625 4,375 3.35%
Municipal Building 306,284 308,809 (2,525) -0.82%
Community Services 922,304 903,917 18,387 2.03%
Police 4,366,178 4,327,445 38,733 0.90%
Fire 794,517 810,921 (16,404) -2.02%
Public Works 2,146,475 2,139,947 6,528 0.31%
Recreation 197,640 214,973 (17,333) -8.06%
Activity Center 326,418 328,409 (1,991) -0.61%
Planning 121,687 101,906 19,781 19.41%
Unallocated 60,200 88,520 (28,320) -31.99%
$ 10,073,203 $ 10,075,492 $   (2,289) -0.02%

Special Revenue Funds

This type of fund accounts for services and expenditures where revenue is restricted for a designated purpose. The City maintains 18 budgeted Special Revenue Funds.

Revenues Adopted 2010 Adopted 2009 Difference % Change
Chemical Asses. Team $   45,000 $      45,000 $         - 0.00%
Economic Development 101,000 83,000 18,000 21.69%
Real Estate Sales 5,800 5,800      - 0.00%
Paratransit 14,382 126,949 (112,567) -88.67%
Housing Rehabilitation 20,000 30,000 (10,000) -33.33%
Parking 85,500 85,500      - 0.00%
Communication 205,000 182,880 22,120 12.10%
Depot Coffee House 110,000 106,300 3,700 3.48%
Art Center 810,021 695,942 114,079 16.39%
Tax Increment Funds (8) 803,474 3,307,024 (2,503,550) -75.70%
$  2,200,177 $  4,668,395 $  2,468,218 -52.87%
Expenditures Adopted 2010 Adopted 2009 Difference % Change
Chemical Asses. Team $   49,992 $    45,000 $   4,992 11.09%
Economic Development 258,013 277,063 (19,050) -6.88%
Real Estate Sales      -      -      - -
Paratransit 14,382 126,949 (112,567) -88.67%
Housing Rehabilitation 99,358 97,273 2,085 2.14%
Parking 106,759 104,897 1,862 1.78%
Communication 200,432 203,406 (2,974) -1.46%
Depot Coffee House 131,495 151,464 (19,969) -13.18%
Art Center 776,376 660,357 116,019 17.57%
Tax Increment Funds (8) 812,770 4,932,904 (4,120,134) -83.52%
$  2,449,577 $  6,599,313 $  4,149,736 -62.88%

Enterprise Funds & Equipment Replacement

The City's Enterprise funds account for the City's business-type activities. These activities provide services where most of the costs are recovered through user fees and charges. The City has five Enterprise funds.

Revenues Adopted 2010 Adopted 2009 Difference % Change
Equipment Replacement 335,868 $     357,500 $  (21,632) -6.05%
Water 1,472,000 1,430,800 41,200 2.88%
Sanitary Sewer 1,964,000 1,797,000 167,000 9.29%
Refuse 873,030 879,030 (6,000) -0.68%
Storm Sewer 820,140 832,140 (12,000) -1.44%
Pavilion/Ice Arena 366,650 362,100 4,550 1.26%
$  5,831,688 $  5,658,570 173,118 3.06%
Expenditures Adopted 2010 Adopted 2009 Difference % Change
Equipment Replacement $ 453,856 $    429,242 $ 24,614 5.73%
Water 1,147,035 1,157,369 (10,334) -0.89%
Sanitary Sewer 1,999,771 1,965,132 34,639 1.76%
Refuse 907,178 905,707 1,471 0.16%
Storm Sewer 426,236 443,573 (17,337) -3.91%
Pavilion/Ice Arena 411,141 404,488 6,653 1.64%
$ 5,345,217 $  5,305,511 $ 39,706 0.75%

Debt Service Funds

Debt Service Funds account for the accumulation of resources for the payment of general long-term debt principal, interest and related costs. The City maintains individual debt service funds for each bond issue. The City has established annual financial plans for all general obligation bond funds.

Revenues Adopted 2010 Adopted 2009 Difference % Change
Property Taxes $1,270,000 $  1,257,000 $ 13,000 1.03%
Special Assessments 642,460 672,460 (30,000) -4.46%
Interest Earnings 16,600 37,600 (21,000) -55.85%
Operating Transfer In 809,119 884,119 (75,000) -8.48%
$ 2,738,179 $  2,851,179 $(113,000) -3.96%
Expenditures Adopted
2010		 Adopted
2009		 Difference % Change
Bond Principal 1,685,000 1,805,000 $ (120,000) -6.65%
Bond Interest 801,792 1,023,838 (222,046) -21.69%
Service Charges 8,605 6,725 1,880 27.96%
$2,495,397 $2,835,563 $(340,166) -12.00%