Complete Document - City of Auburn

The City of AuburnGeneral Fund - Summary of Projected Revenues by SourceBudget - FY 03Transfers fromother funds5.12%Borrowingproceeds9.30%Other revenue1.71%Charges forservices8.34%Court fines andcosts2.60%Taxes44.90%Grants0.84%Licenses andpermits27.18%Projected Revenues% ofRevenue% ofTotalSales taxes $ 13,200,000 41.28% 35.33%Other locally levied taxes 965,500 3.02% 2.58%Total locally levied taxes 14,165,500 44.30% 37.91%State shared taxes 525,000 1.64% 1.41%Property taxes2,087,000 6.53% 5.59%Total taxes 16,777,500 52.47% 44.90%Business license fees* 4,195,500 13.12% 11.23%Occupation license fees 4,950,000 15.48% 13.25%Other licenses and permits 1,011,000 3.16% 2.71%Total licenses and permits 10,156,500 31.76% 27.18%Grants 312,098 0.98% 0.84%Court fines and costs 971,750 3.04% 2.60%Solid waste collection fees 2,130,600 6.66% 5.70%Other charges for services 987,250 3.09% 2.64%Total charges for services 3,117,850 9.75% 8.34%Investment income 415,000 1.30% 1.11%Other miscellaneous revenue 223,600 0.70% 0.60%Total projected revenues 31,974,298 100.00% 85.58%Other financing sourcesTransfers in from other funds 1,914,098 5.12%Proceeds from borrowing 3,475,579 9.30%Total projected other financing sources 5,389,677 14.42%Total projected revenues and other sources 37,363,975 100.00%Projected beginning fund balance 12,514,813Total projected available resources $ 49,878,788* Includes residential and commercial rental "taxes" and construction percentage fees.94