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<br /> Communication No. 193 <br /> <br /> Bill No. 60 <br /> Page -6- <br /> The following table presents a summazy of projected FY 2007-08 revenues from various sources <br /> and the changes from the current budget: <br /> REVENUES BY SOURCE <br /> (Amounts in thousands) <br /> Increase <br /> (Decrease) <br /> Percent From Percent <br /> Of FY 2006-07 Increase <br /> Source Amount Total Amount (Decrease) <br /> Real Property Tax $213,100 59.3% $29,405 16.0% <br /> Public Service Company Tax 7,050 2.0% (250) (3.4%) <br /> Fuel Tax 8,185 2.3% 290 3.7% <br /> Public Utilities Franchise Tax 7,595 2.1% 95 1.3% <br /> Licenses and Permits 17,087 4.7% 1,417 9.0% <br /> Revenues and Use of Money & Property 4,547 1.3% 22 0.5% <br /> Intergovernmental Revenues 57,075 15.9% 1,365 2.5% <br /> Charges for Services 24,743 6.9% 2,254 10.0% <br /> Other Revenues 7,654 2.1% 1,140 17.5% <br /> Fund Balance Carryover 12,064 3.4% (3,337) (21.7%) <br /> $359,100 100.0% $32,401 9.9% <br /> Significant changes to operating revenues are as follows: <br /> • Real Property Tax -Taxable real property values will increase by 16.0% due to increase in <br /> taxable values. <br /> • Licenses and Permits -Revenue sources with projected increases include construction <br /> related permits, vehicle and trailer weight taxes, and geothermal royalties. <br /> • Charges for Services -Solid Waste tipping fee revenues increasing by $1.5 million. <br /> • Other Revenues -Debt service reimbursement from the Department of Water Supply <br /> increasing by $869,000. <br /> • Fund Balance Carryover -General Fund Carryover decreasing due to having reduced its <br /> projected carryover savings by $2.3 million. <br /> FC REPORT NO. 92 <br /> <br />