Intergovernmental revenues increase 17.7% due primarily to the activities involved withthe Gable Park Improvement Grant. In 20<strong>10</strong>, intergovernmental revenues decrease34.0% from <strong>2009</strong> due to the absence <strong>of</strong> this grant.Fines and forfeitures are budgeted to increase 47.2% in <strong>2009</strong> and 2.9% in 20<strong>10</strong> due toincreased policing and collection efforts.Miscellaneous revenue increases 5.6% in <strong>2009</strong> due primarily to an increase in reservesthat are now being invested as noted above. These revenues are projected to flattenout in <strong>2009</strong> and a hold steady through 20<strong>10</strong>.43
<strong>City</strong> <strong>of</strong> <strong>Hoquiam</strong>Revenue Forecasting Model001 - GENERAL FUNDRevenue History and Projections:Actual Actual Actual Actual Actual Actual Actual Actual Forecast <strong>Budget</strong> <strong>Budget</strong>Description 2000 2001 2002 2003 2004 2005 2006 2007 2008 <strong>2009</strong> 20<strong>10</strong>Taxes 3,040,803 3,080,919 3,421,779 3,362,974 3,522,134 3,777,013 3,727,474 4,639,242 4,885,802 4,918,628 5,049,996Licenses and Permits 242,979 216,123 242,150 201,970 211,169 274,298 495,960 422,112 278,215 316,969 336,046Intergov't Revenue 996,259 579,465 288,720 274,966 273,113 398,179 434,720 488,330 405,302 477,085 313,641Charges for Services 131,946 <strong>10</strong>5,515 <strong>10</strong>6,998 <strong>10</strong>7,391 49,178 66,511 90,961 70,374 66,038 79,437 78,394Fines and Forfeit. 194,965 167,758 185,497 155,924 196,000 76,005 139,490 146,018 91,585 134,783 138,686Misc. Revenue 321,319 298,478 256,301 243,041 200,899 262,531 385,003 474,274 203,660 335,301 339,912Total General Revenue 4,928,271 4,448,258 4,501,445 4,346,266 4,452,493 4,854,537 5,273,608 6,240,349 5,930,602 6,262,204 6,256,674Cumulative % Change from 2000 -9.7% -8.7% -11.8% -9.7% -1.5% 7.0% 26.6% 20.3% 27.1% 27.0%Annual % Change: -9.7% 1.2% -3.4% 2.4% 9.0% 8.6% 18.3% -5.0% 5.6% -0.1%Average Annual % Change: -9.7% -4.3% -4.0% -2.4% -0.1% 1.4% 3.8% 2.7% 3.0% 2.7%Non- Revenues 64,213 0 219,904 6,245 1,395,944 570 54,000 22,500 0 0 0TRANSFERS IN: 163,714 86,953 81,488 157,831 <strong>10</strong>4,249 50,161 74,645 32,602 38,640 223,355 65,340GRAND TOTAL 5,156,198 4,535,211 4,802,837 4,5<strong>10</strong>,342 5,952,686 4,905,267 5,402,253 6,295,451 5,969,242 6,485,559 6,322,014Annual % Change: -12.0% 5.9% -6.1% 32.0% -17.6% <strong>10</strong>.1% 16.5% -5.2% 8.6% -2.5%Cumulative % Change from 2000 -12.0% -6.9% -12.5% 15.4% -4.9% 4.8% 22.1% 15.8% 25.8% 22.6%Average Annual % Change: -12.0% -3.1% -4.1% 4.9% 0.4% 2.0% 4.1% 3.0% 4.6% 3.7%Licenses andPermits5%Charges for Services1%Intergov't Revenue6%Fines and Forfeit.2%<strong>2009</strong>-20<strong>10</strong> General Fund Revenues$12,807,574Misc. Revenue6%Transfers2%Taxes78%44
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