HomeMy WebLinkAboutAppendix M - FY 2021 General Fund Revenue SummaryFY2022 General Fund Revenue Breakdown
Budget Budget
FY2021 FY2022 $ Change % Change
Tax Revenue Limitations
Levy Limit from Prior Year 77,688,262$ 80,630,472$ 2,942,210$ 3.8%
Add: 2 1/2 % increase 1,942,238 2,015,762 73,524 3.8%
Add: Prop 2.5% operating override - - - na
Add: new growth estimate 1,163,749 700,000 (463,749) (39.8%)
Add: operating override - - - na
Levy Limit for Current Year 80,794,249 83,346,234 2,551,985$ 3.2%
Add: Debt Exclusion 8,831,295 9,428,328 597,033
Maximum Allowable Levy for Current Year 89,625,544$ 92,774,562$ 3,149,018$ 3.5%
OVERLAY 0 (250,000)(250,000) na
Net available:89,625,544$ 92,524,562$ 2,899,018$ 3.2%
State Aid 3,046,068$ 3,880,200$ 834,132$ 27.4%
Local Receipts:
Motor Vehicle Excise 2,275,000 2,250,000 (25,000) (1.1%)
Rooms and Meals Tax 1,938,169 4,880,000 2,941,831 151.8%
Licenses and Permits 623,600 891,350 267,750 42.9%
Local Receipts - All Other 2,288,048 2,381,060 93,012 4.1%
Total Local Receipts 7,124,817 10,402,410 3,277,593 46.0%
Total Revenue 99,796,429$ 106,807,172$ 7,010,743$ 7.0%
Other Sources
Other Sources - - - na
Free Cash Used 4,036,949 4,595,000 558,051 13.8%
Excess Overlay -
Total Revenue and Other Sources 103,833,378$ 111,402,172$ 7,568,794$ 7.3%
Total Expenses and Other Uses 103,833,378$ 110,766,540$ 6,933,162$ 6.7%
635,632