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City Spending Plans 1994 <br /> $634,238 <br /> Enterprise $1,061,989 <br /> 14% General Fund <br /> 23% <br /> Ca ltal <br /> 16% <br /> $195,844 <br /> Special Revenue <br /> 4% <br /> 1 <br /> Debt Service <br /> 43% Total $4,524,094 <br /> $1,896,994 <br /> Slide 7 Falcon Heights Truth in Taxation Public Hearing <br /> This chart represents the total spending planned for 1994. The <br /> categories are: <br /> Special Revenue Recreation, Solid Waste, Storm Sewer and Risk <br /> Management <br /> Debt Service this represents debt service on existing City <br /> obligations (bonds). The source for this is special assessments and TIF <br /> districts. <br /> Capital funds the City expects to spend on capital items (ie items <br /> that cost more than $500 and that the City may pay for over time. For <br /> example, in 1993 the City purchased a new fire truck for some <br /> $300,000. <br /> Enterprise represents City programs that pay for themselves with <br /> user fees. The largest is the Sanitary Sewer program at some <br /> $539,000. The good news here is that Metropolitan Waste Commission <br /> charges to the City seem to have stabilized This means there will not <br /> be an increase in quarterly sewer charges in 1994. Actually, the <br /> sanitary sewer program is the single most expensive city service. <br /> General Fund this funds the day -to -day operation of the City and is <br /> the portion of the overall budget that the City levies taxes for. It is the <br /> focus of the hearing. <br /> Page 7 <br />