preliminary fy 2011-12 city of glendale, az annual budget book

BUDGET SUMMARY
Revenues
Special Revenue Fund Group:
Police and Fire Sales Tax (Funds 1700 and 1720): The source of revenue for these funds is
the 0.5% designated sales for police and fire services. The tax was originally adopted by voters
in 1994 at a 0.1% rate. In September 2007 Glendale voters approved an increase to 0.5%
effective November 1, 2007.
The original one-tenth rate
includes food for home
consumption (e.g., groceries)
while the additional four-tenths
rate excludes food for home
consumption. Two-thirds of
the revenue is allocated to
police and one-third to fire.
Thousands
$7,000
$6,000
$5,000
$4,000
Fire Special Revenue
10-Year Fiscal History
This revenue is subject to the
same fluctuations as the general
sales tax although the
performance can be somewhat
different because 80% of the
rate excludes food for home
consumption.
$3,000
$2,000
$1,000
$0
'03 '04 '05 '06 '07 '08 '09 '10 '11 '12
The FY 2012 projection is $18.4 million with $12.3 million for police and $6.1 million for fire.
The FY 2012 projection reflects growth of 2.7% from the FY 2011 estimate of $17.9 million.
Thousands
Police Special Revenue
10-Year Fiscal History
$14,000
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$0
'03 '04 '05 '06 '07 '08 '09 '10 '11 '12
50
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