Complete Document - City of Auburn

The City of AuburnGeneral Fund - Summary of Projected Revenues by SourceBudget - FY 04Charges forservices9.30%Transfers fromother funds2.84%Other revenue1.85%Borrowingproceeds3.63%Court fines andcosts2.77%Grants1.64%Taxes48.63%Licenses andpermits29.35%Projected Revenues% ofRevenue% ofTotalSales taxes $ 13,500,000 40.78% 38.14%Other locally levied taxes 993,500 3.00% 2.81%Total locally levied taxes 14,493,500 43.78% 40.95%State shared taxes 548,000 1.66% 1.55%Property taxes2,170,000 6.55% 6.13%Total taxes 17,211,500 51.99% 48.63%Business license fees* 4,283,000 12.94% 12.10%Occupation license fees 5,075,000 15.33% 14.34%Other licenses and permits 1,029,000 3.11% 2.91%Total licenses and permits 10,387,000 31.38% 29.35%Grants 579,316 1.75% 1.64%Court fines and costs 978,950 2.96% 2.77%Solid waste collection fees 2,151,800 6.50% 6.08%Other charges for services 1,140,950 3.45% 3.22%Total charges for services 3,292,750 9.95% 9.30%Investment income 426,000 1.29% 1.20%Other miscellaneous revenue 229,100 0.69% 0.65%Total projected revenues 33,104,616 100.00% 93.54%Other financing sourcesTransfers in from other funds 1,003,771 2.84%Proceeds from borrowing 1,283,198 3.63%Total projected other financing sources 2,286,969 6.46%Total projected revenues and other sources 35,391,585 100.00%Projected beginning fund balance 12,370,890Total projected available resources $ 47,762,475* Includes residential and commercial rental "taxes" and construction percentage fees.95