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GENERAL FUND FORECAST GAP ANALYSIS
<br /> 2018-2019
<br /> 8/2/2018 8/22/2018 8/27/2018
<br /> Adopted Proposed Proposed Proposed %
<br /> 2018 2019 2019 2019 Change"' Change'
<br /> Tax Levies
<br /> General Fund Levy 8,165,859 8,752,181 8,790,569 8,699,715 533,856 6.54%
<br /> Debt Levies 1,610,873 1,662,292 1,862,292 1,862,292 251,419 15.61%
<br /> Total Tax Levy 9,776,732 10,414,473 10,652,861 10,562,007 785,275 "8.03%
<br /> Year-over-Year Change Levy$ 637,741 876,129 785,275 8.03%
<br /> Drill-Down on Year-Over-Year Levy Changes 8/2/2018 8/22/2018 8/27/2018
<br /> Adopted Proposed Proposed Proposed %
<br /> 2018 2019 2019 2019 Change Change
<br /> Revenues
<br /> Property Taxes(Delinquent, Penalties/Interest) 49,000 39,000 39,000 39,000 (10,000) 20.41%
<br /> Intergovt Revenue 645,367 577,061 577,111 577,111 (68`,256) 10.58%
<br /> Business Licenses/Permits 130,515 137,600 137,600 137,600 7,085 5.43%
<br /> Non-Business Licenses/Permits 556,532 764,860 764,860 764,860 208`,328 37.43%
<br /> Charges for Services 29,571 25,477 25,477 25,477 (4,094) -13.84%
<br /> Public Safety Service Charges 201,200 200,800 200,800 200,800 (400) -0.20%
<br /> Municipal Fines 134,132 119,132 119,132 119,132 (15,000) =11.18%
<br /> Miscellaneous 308,855 322,445 322,445 322,445 13`,590 4.40%
<br /> Use of Reserves 725,000 - - 100,000 (625,000) 86.21%
<br /> Total Revenues/Funding Sources 2,780,172 2,186,375 2,186,425 2,286,425 (493;747) -17.760%
<br /> Expenditures
<br /> Personal Services 7,166,774 7,480,712 7,519,150 7,426,258 259,484 3.62%
<br /> Supplies 472,025 472,775 472,775 472,775 750 0.16%
<br /> Other Services and Charnges 1,264,200 1,291,923 1,291,923 1,288,861 24,661 1.95%
<br /> Contracted Services 672,087 748,794 748,794 743,794 71,707 10.67%
<br /> Capital Outlay 53,045 74,352 74,352 94,452 41,407 78.06%
<br /> Others 1,317,900 870,000 870,000 960,000 (357,900) 27.16%0
<br /> Total Expenditures 10,946,031 10,938,556 10,976,994 10,986,140 -- 40,109 0.37%
<br /> Debt Service
<br /> Bonds 1,046,341 1,055,008 1,255,008 1,255,008 208,667 19.94%
<br /> Certificates of Indebtedness 564,532 607,284 607,284 607,284 42`,752 7.57%
<br /> Total Debt Service 1,610,873 1,662,292 1,862,292 1,862,292 251,419 15.61%
<br /> 0
<br /> Year-over-Year Change Levy$ 637,741 876,129 785,275
<br /> Total Levy Supported by Valuation Increase($10,392,545) 615,813 615,813 615,813
<br /> Gap to Maintain Flat Tax Capacity Rate 21,928 260,316 169,462
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