Laserfiche WebLink
<br />the property tax collection rate below the 97.5% collection rate, the General Fund will <br />experience an approximate $32,000 reduction in revenue. <br />• License revenue includes liquor licenses. A 12-week license credit was granted to on-sale <br />holders due to the closure of these businesses. The credit totaled $9,492. <br />• Permit revenue includes building permit revenue. The 2020 permits issued continues to <br />trend within 2% of the 2018 activity. Building permits issued by month for the last five <br />years are as follows: <br /> <br />• Charges for services revenue is lower than anticipated due to decreased rental revenues for <br />the OFH and the park shelters, due to COVID-19 restrictions. $9,450 was budgeted for <br />these rentals but only $1,710 was collected for these rentals through the 3rd quarter. <br />• Fine revenue is at only 34% of the budget largely due to decreased traffic stops as a result <br />of the pandemic. <br />• $66,267 was received from FEMA in the 3rd quarter for the 2019 Twin Lake pumping <br />operation. <br /> <br />General Fund Expenditures <br />As of September 30, 2020, actual expenditures are at 71.35% of the budget. This is the lowest level in the <br />past five years. Staff will continue to reduce expenditures to the greatest extent possible, in order to <br />maintain flexibility in dealing with the COVID-19 pandemic. <br /> <br /> <br />Comments: <br />• The 2020 expenditures continue to fall within or below the budget amounts, with the <br />exception of the COVID-19 expenditures and storm water expenditures. <br />73.49% <br />74.08% <br />73.60% <br />73.82% <br />71.35% <br />0.00% <br />20.00% <br />40.00% <br />60.00% <br />80.00% <br />100.00% <br />2016 2017 2018 2019 2020 <br />% of Expenditures to Budget <br />2