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FY2024 adopted budget book — official finance index

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Obj Account Revenue Description
 FY22
Actuals 
 FY23
Revised 
 FY24
Projected 
 FY24/FY23
Difference 
%
Diff
311100 REAL PROP TAX - CURR YR Ad valorem taxes levied on assessed value of property. 25,585,716           28,493,000           32,166,000           3,673,000          12.9%
311110 REAL PROP-PUB UTIL - CY Ad valorem taxes levied on property of public utilities. 339,293                315,000                320,000                5,000                 1.6%
311200 REAL PROP TAX-PRIOR YR Revenues from collected prior year property taxes. 276,205                50,000                  75,000                  25,000               50.0%
311310 PERS PROP TAX - VEH-CURR Annual ad valorem tax levied on motor vehicles. 127,021                35,000                  40,000                  5,000                 14.3%
311315 AD VALOREM TAX    One-time title ad valorem tax levied on motor vehicles. 2,244,142             2,150,000             2,460,000             310,000             14.4%
311340 INTANGIBLES (REG & RECD) Taxes levied on issuance of mortgages on real estate. 978,456                900,000                645,000                (255,000)            -28.3%
311350 RAILROAD EQUIPMENT TAX Ad valorem taxes levied on railroad equipment. -                        1,000                    1,000                    -                     0.0%
311600 REAL ESTATE TRANSFER TAX Tax on real property when sold or transferred. 313,996                200,000                160,000                (40,000)              -20.0%
311700 FRANCHISE TAX Tax on using public right of way for private purposes. 3,563,930             3,700,000             3,800,000             100,000             2.7%
311790 GOLF CONCESSION FEES Revenues from contract for Fox Creek golf course. 32,557                  28,000                  28,000                  -                     0.0%
314200 ALCOHOLIC BEV EXCISE TAX Tax on alcohol wholesale distributors based on volume. 778,384                730,000                750,000                20,000               2.7%
314300 LOCAL 3% MIXED DRINK TAX Tax levied on sale of liquor purchased by the drink. 334,486                250,000                300,000                50,000               20.0%
316200 INSURANCE PREMIUM TAX Tax on premiums of all insurers with policies in the City. 4,218,710             4,300,000             4,500,000             200,000             4.7%
316300 FIN INSTITUTIONS TAX Tax on gross receipts of financial institutions in the City. 95,339                  95,000                  115,000                20,000               21.1%
319100 PEN & INT-GEN PROP TAX Penalties and interest on late property tax payments. 84,977                  40,000                  40,000                  -                     0.0%
319500 PEN & INT-FIFA Charge for tax lien recorded with Clerk of Supeior Court. 10,536                  6,000                    6,000                    -                     0.0%
321100 ALCOHOLIC BEVERAGE LIC Fees collected for the issue of alcohol business licenses. 497,886                450,000                490,000                40,000               8.9%
321200 GENERAL BUSINESS LICENSE Fees collected for the issue of general business licenses. 1,751,942             1,500,000             1,600,000             100,000             6.7%
322230 SIGN PERMIT One time fees collected when applying for a sign permit. 23,750                  25,000                  25,000                  -                     0.0%
322300 TAXI OPERATORS PERMIT Fees for applying for vehicle-for-hire permits. -                        -                        -                        -                     
322990 ADVERTISEMT FEES FOR LIC Fees assessed to run ads for alcohol business licenses. 6,075                    6,000                    6,000                    -                     0.0%
322995 RACE PERMIT FEES Processing fee for parade/race permit applications. 250                        250                        250                        -                     0.0%
323120 BUILDING INSPECTION FEES Fees for inspections conducted by Comm. Development. 662,567                500,000                500,000                -                     0.0%
323130 PLUMBING INSPECTION FEES Fees when applying for a plumbing permit & inspection. 9,500                    8,000                    8,000                    -                     0.0%
323140 ELECTRIC INSPECTION FEES Fees when applying for a electrical permit & inspection. 6,950                    5,000                    5,000                    -                     0.0%
323160 AIR COND INSPECT FEES Fees when applying for a HVAC permit & inspection. 19,415                  12,000                  12,000                  -                     0.0%
323300 SHORT-TERM VACATION RENTAL Fees when applying for a short term rental license. -                        35,000                  35,000                  -                     0.0%
324100 PEN&INT-LICENSE & PERMITS Penalties and interest on late business license fees. 68,691                  500                        20,000                  19,500               3900.0%
336000 LOCAL GOV UNIT GRANTS Revenues from local government grants. -                        -                        -                        -                     
341120 COURT COST-PROBATION FEE Supervision fees collected from people sentenced to probation. 37,224                  35,000                  35,000                  -                     0.0%
341300 PLANNING & DEV FEES Misc. charges for services from Comm. Dev. department. 198,879                160,000                160,000                -                     0.0%
341400 PRINTING & DUPLIC SVCS Fees for providing copies requested by public. -                        1,000                    1,000                    -                     0.0%
341910 OTHER-ELECTION QUAL FEE Fees for candidates qualifying for local elections. 2,835                    -                        -                        -                     
341930 OTHER-SALE OF MAPS & PUB Fees for providing maps when requested by public. 25                          -                        -                        -                     
342120 SPEC POL SVC-ACCID/PERMS Fees for providing accident reports from Police dept. 69,763                  85,000                  85,000                  -                     0.0%
342130 SPEC POL SVC-FALSE ALARM Fees for emergency response to multiple false alarms. 17,500                  22,000                  22,000                  -                     0.0%
342330 DET&CORR SVC-PRISON HSG Revenue from housing other municipality's prisoners. 394,072                375,000                850,000                475,000             126.7%
342600 EMS TRAINING Revenue from Fire staff training staff of other jurisdictions. -                        -                        -                        -                     
342900 EMERGENCY MANAGEMENT Money from the state for Emergency Management dept. 7,000                    20,000                  7,500                    (12,500)              -62.5%
344110 SANI-REFUSE COLLECTN CHG Charges for garbage collection service. 6,239,852             4,927,000             4,500,000             (427,000)            -8.7%
344130 SANI-SALE OF RECYCL MATL Revenues from sale of mixed recycled materials. 20,194                  5,000                    5,000                    -                     0.0%
General Fund Revenues by Account
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