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2016.02.03 EDC Packet Combined
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2016.02.03 EDC Packet Combined
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5 <br /> KPI: Non‐Tax Revenue <br />The non‐tax revenue will be equal to or greater than 40% of general fund expenditures (including <br />debt service). <br /> <br />RESULTS <br /> <br /> <br /> <br /> <br />INTERPRETATION <br /> <br />Seven years of history demonstrates this is an attainable goal. Currently, the City has been maintaining a level of <br />non‐property tax revenue at the targeted level of performance. Long‐term, it is a prudent strategy and beneficial to <br />taxpayers to reduce reliance on property taxes to fund General Fund Expenditures. <br /> <br /> <br />RESPONSE <br /> <br />Other potential revenue sources will be researched to improve non‐tax revenue. This includes researching additional <br />grants, soliciting donations from individuals or corporations, and expanding services such as the License Bureau or <br />Parks facility rentals. <br /> <br /> <br /> <br />0.00% <br />20.00% <br />40.00% <br />60.00% <br />80.00% <br />100.00% <br />2009 2010 2011 2012 2013 2014 2015 <br />Non‐Tax Revenue as a Percentage of <br />General Fund Expenditures <br />Non‐Tax Revenue (Fees, <br />Charges, Transfers, <br />Investments, Donations) as a <br />Percentage of General Fund <br />Expenditures <br />42.79% <br />50.53% <br />6.68% <br />Non‐Tax Revenue as a Percentage of <br />Proposed 2016 General Fund Revenues <br />Non‐Property Tax <br />Property Tax <br />State Aid
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