City Budget Summary—2012

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 2012 Adopted 2011 Difference % Change
Total Revenues $20,244,309 $19,623,496 $620,813 3.16%
Total Expenditures $19,795,262 $19,369,482 $425,780 2.20%
Use of Equity or Fund Balance $    449,047 $  254,014 $195,033 76.78%

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 2012 Adopted 2011 Difference % Change
Property Taxes $8,887,591 $8,630,564    $257,027 2.98%
Intergovern-mental $512,370 $442,070      $70,300 15.90%
Licenses, Permits & Fines $487,115 $544,790    $(57,675) -10.59%
Interest Earnings $25,000 $75,000    $(50,000) -66.67%
Charges for Services $245,150 $161,200     $ 83,950 52.08%
Miscellaneous $23,300 $24,900     $ (1,600) -6.43%
Franchise Fees $290,000 $290,000               - 0.00%
Use of Reserves - $130,803    (130,803)
$10,470,526 $10,299,327 $171,199 1.66%
Expenditures Adopted 2012 Adopted 2011 Difference % Change
Council $68,697 $71,547 $(2,850) -3.98%
Administrative Services $469,132 $451,670 $17,462 3.87%
Finance $209,726 $203,243 $6,483 3.19%
Legal $135,000 $135,000               - 0.00%
Municipal Building $296,863 $294,818 $2,045 0.69%
Community Services $941,074 $927,430 $13,644 1.47%
Police $4,530,032 $4,484,387 $45,645 1.02%
Fire $855,424 $838,258 $17,166 2.05%
Public Works $2,198,677 $2,174,400 $24,277 1.12%
Recreation $205,099 $199,721 $ 5,378 2.69%
Activity Center $323,765 $333,471 $ (9,706) -2.91%
Planning $126,837 $125,182 $ 1,655 1.32%
Unallocated $100,200 $60,200 $40,000 66.45%
Transfers Out $10,000      - $10,000 -
$10,470,526 $10,299,327 $171,199 1.66%

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 2012 Adopted 2011 Difference % Change
Chemical Asses. Team $45,000 $45,000               - 0.00%
Economic Development 188,500 148,600       39,900 26.85%
Real Estate Sales 5,800 5,800               - 0.00%
E-911 Service Fee 24,960      -       24,960 -100.00%
Housing Rehabilitation 1,000 3,500       (2,500) -71.43%
Parking 88,500 82,000         6,500 7.93%
Communication 201,500 204,000       (2,500) -1.23%
Depot Coffee House 130,000 122,900         7,100 5.78%
Art Center 781,247 795,212     (13,965) -1.76%
Tax Increment Funds (8) 2,264,024 1,859,324     404,700 21.77%
$3,730,531 $3,266,336 $464,195 14.21%
Expenditures Adopted 2012 Adopted 2011 Difference % Change
Chemical Asses. Team $ 45,000 $  45,000               - 0.00%
Economic Development 268,553 300,709     (32,156) -10.69%
Real Estate Sales      -      -               - -
E-911 Service Fee 24,860      -       24,860 100.00%
Housing Rehabilitation 101,902 94,834         7,068 7.45%
Parking 88,130 118,293     (30,163) -25.50%
Communication 210,026 226,074     (16,048) -7.10%
Depot Coffee House 120,175 122,867       (2,692) -2.19%
Art Center 779,452 794,943     (15,491) -1.95%
Tax Increment Funds (8) 2,078,810 1,811,306     267,504 14.77%
$3,716,908 $3,514,026 $202,882 5.77%

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 2012 Adopted 2011 Difference % Change
Equipment Replacement $ 351,002 $ 335,009 $ 15,993 4.77%
Water 1,387,870 1,511,464 (123,594 -8.18%
Sanitary Sewer 2,156,500 2,072,000 84,500 4.08%
Refuse 975,360 952,370 22,990 2.41%
Storm Sewer 811,340 815,140 (3,800) -0.47%
Pavilion/Ice Arena 361,180 371,850 (10,670) -2.87%
$ 6,043,252 $ 6,057,833 $ (14,581) -0.24%
Expenditures Adopted 2012 Adopted 2011 Difference % Change
Equipment Replacement $ 503,825 $ 481,698 $ 22,127 4.59%
Water 1,234,153 1,256,711 (22,558) -1.80%
Sanitary Sewer 1,993,348 2,044,304 (50,956) -2.49%
Refuse 929,976 929,994 (18) 0.00%
Storm Sewer 527,521 425,727 101,794 23.91%
Pavilion/Ice Arena 419,005 417,695 1,310 0.31%
$ 5,607,828 $5,556,129 $ 51,699 0.93%