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GENERAL FUND REVENUE
<br /> The following graph reflects the City's General Fund revenue sources for 2025 compared to budget:
<br /> General Fund Revenue
<br /> Budget and Actual
<br /> Taxes
<br /> Intergovernmental
<br /> Fines and Forfeits
<br /> Charges for Services
<br /> Licenses and Permits
<br /> All Other
<br /> '85r '8J` '86 1r5
<br /> ■Budget ■ Actual
<br /> General Fund revenue for 2025 was $9,261,421, which was $625,689 more than budget. Conservative
<br /> budgeting for other sources (including investment earnings) and for intergovernmental revenues
<br /> contributed to the favorable variance. Taxes were less than anticipated due to less collections than
<br /> anticipated.
<br /> The following graph presents the City's General Fund revenue by source for the last five years. The graph
<br /> reflects the City's reliance on property and other taxes, which represented 65.9 percent of General Fund
<br /> revenue in 2025.
<br /> General Fund Revenue by Source
<br /> Year Ended December 31,
<br /> $7,000,000
<br /> $6,000,000
<br /> $5,000,000
<br /> $4,000,000
<br /> $3,000,000
<br /> $2,000,000
<br /> $1,000,000
<br /> Taxes Intergovernmental Fines and Forfeits Charges for Licenses and All Other
<br /> Services Permits
<br /> ■2021 $5,624,335 $2,078,190 $43,311 $42,893 $294,605 $292,465
<br /> 82022 $5,900,858 $2,068,959 $38,418 $66,961 $374,631 $(129,892)
<br /> 02023 $6,276,379 $1,725,979 $32,585 $236,538 $259,825 $1,094,669
<br /> ■2024 $6,540,898 $1,670,105 $36,486 $196,401 $311,342 S1,386,694
<br /> 02025 $6,100,592 $1,714,632 $54,278 $159,355 $348,041 $884,523
<br /> Total General Fund revenue for 2025 was$880,505 less than last year. The decrease was largely due to the
<br /> decrease in taxes and all other. Taxes decreased due a change in the allocation of the annual levy by fund
<br /> that came with a corresponding decrease in the amount transferred to other funds.All other revenue sources
<br /> were down with decreases in investment earnings and conduit debt fees in 2025 compared to 2024.
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