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7/26/2021
<br />Adopted Proposed %
<br />2021 2022 Change Change
<br />Tax Levies
<br />Operating Levy 9,232,367 10,670,130 1,437,763 15.57%
<br />Debt Levy 1,909,448 2,028,444 118,996 6.23%
<br />Total Tax Levy 11,141,815 12,698,574 1,556,759 13.97%
<br />Year-over-Year Change Levy $1,556,759 13.97%
<br />Drill-Down on Year-Over-Year Levy Changes 7/26/2021
<br />Adopted Proposed %
<br />2021 2022 Change Change
<br />Revenues
<br />Property Taxes 9,271,367 9,438,406 167,039 1.80%
<br />Special Assessments - - - ***
<br />Business Licenses and Permits 143,959 143,175 (784) -0.54%
<br />Non-Business Licenses and Permits 799,060 888,627 89,567 11.21%
<br />Intergovernmental 631,523 657,981 26,458 4.19%
<br />Charges for Services 305,059 287,672 (17,387) -5.70%
<br />Fines and Forfeits 106,100 100,600 (5,500) -5.18%
<br />Investment Earnings 30,000 30,000 - 0.00%
<br />Miscellaneous 210,500 211,057 557 0.26%
<br />Trf from CableTV/Communications Fund - 40,000 40,000 ***
<br />Use of Reserves 21,832 - (21,832) -100.00%
<br />Total Revenues/Funding Sources 11,519,400 11,797,518 278,118 2.41%
<br />Expenditures
<br />Personal Services 7,720,968 8,692,432 971,464 12.58%
<br />Supplies 504,230 557,450 53,220 10.55%
<br />Other Services and Charnges 1,443,553 1,530,565 87,012 6.03%
<br />Contracted Services 821,336 864,221 42,885 5.22%
<br />Capital Outlay 28,200 77,850 49,650 176.06%
<br />Others 1,001,113 75,000 (926,113) -92.51%
<br /> Total Expenditures 11,519,400 11,797,518 278,118 2.41%
<br />Debt Service
<br />Bonds 1,557,162 1,782,909 225,747 14.50%
<br />Certificates of Indebtedness 352,286 245,535 (106,751) -30.30%
<br /> Total Debt Service 1,909,448 2,028,444 118,996 6.23%
<br />(0)
<br />Year-over-Year Change Levy $1,556,759
<br /> Total Levy Supported by Valuation Increase ($11,421,815)280,000
<br />Gap to Maintain Flat Tax Capacity Rate 1,276,759
<br />Adopted Tax Capacity Rate 39.437% 44.533%
<br />Final Tax Capacity Rate 40.109%
<br />GENERAL FUND FORECAST GAP ANALYSIS
<br />2021-2022
<br />6
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