Laserfiche WebLink
<br />:mci ~ales. taxes. c.omhineci In IQRll.R7 111t~ two ~ollrcp.s. c.nmpris.f-d ~~o.ln of total Genernl Fund revt>mlP <br />For ?OO~_Oil they ar~ prlljectpd to emnpris.e over 700/n offht" tnl:J.1 Gt"neml r:llnd rl"vpnllp. <br /> <br />r:iCllre 4 nn pace renp.r.I~ the his.tnrienl perc.ent:tce d,"rivpd from p:J.ch of th,,, two rt>vpnlle ~nllrc.e~ <br /> <br />Not~ tlmt Ilrlrine Ih~ pt"rind I qqil3>7 Ihrnlleh I q<)R-Q<) snle,,- taxl""- "'lIrpn~~pci prop,"rty tn"t>s. n" the <br />primary ~;;:nllrce of revemre This. wa~ a trend thnt previollsly wn.... pxpl"r.leci 10 prpvnil :1~ Ihf" rily <br /> <br />appro:]c.hpn hlliln Ollt <br /> <br />Ilnwe.:ver Ihis. tre.nci W:1~ f)lIic.kly rpvpr~l"d d:trtine III I QQQ.?OOO whl"n for thl" rl"ns.onc;;: prt"violls.ly <br /> <br />rlp.s.(~rihp.d propf>rty tax doll:tN onCf> ne:ain olltpncpd c;;:nlp.s. Inx :]~ Ilw major rt"vpmu" c;;:ollrCt" While <br /> <br />properly I:lXP~ :'Irt" a r..'lr lee;;:s volntile rf"venllf': s.ollrc.p than s.nlp~ Inx the res.llltine trend is. tow:trci :l <br /> <br />conrpnlr:tlion in fi"wpr reVf"IlIIf" s.ollrces I-Iowl"ver to rf"ln:lin fi~cnlly ~1Ic;;:':tinnhle it ic;;. importnn' for tht" <br /> <br />rity 10 h:tvP :t~ mllr.h Inc~al control OVt"r re.:Vp.IlIIf': sOllrce" :1s. pos.",ihll" ann to h:lvt" n~ Inllch diverc;;.ity :1e;;: <br /> <br />po~c;;:ihlt" ~pver:ll conk :md policip~ in the Plelnf"nt andrpc;;:c;;: Ihic;;: is.s.IIf" <br /> <br />On tht" expenditllre" s.idt" with tilt" :tnllt"xatinn of the R,"mnl propc>rty :lmi rpc.pnt crowth in th," s.olllhf"rn <br /> <br />arpa", of th," rity, policl" nnd p:uks.lc.omrnllni.y s.ervices. s.tnffine (nr contmet s.f"rvirp.c;;:) are" l"xppctpd 10 <br />crow to Inf'pt inerf":t~inc dplnanck In :ulclilinn rf"('pnl rn<;.1 Irend" for ulilities cas.nlint" :lnd Inhnr h:lvl" <br />hpl"n t"xC'f"f"rline infl:1linn ^~ i~ tilt" c.n~e.: wilh mns.1 pllhlic nnd privale ~l"r'nr pmployt"N Iht" ~inelp. <br />crl"nlp.d r..'lr.lor drivine t"xpennitllrp ernwth i" Inhnr cn",t". s.pt"cifienlly tilt" eo~l~ of rt"lirf"mt"nt mpdical <br />hpnpfit~ anri wnrh"r~' cmnpens.a,inn have hPen erowine heyond tht" r:lll' nfinnatinn <br /> <br />Thl' FiCllrp. nn pace _ ~how~ thai rp.Vt"n1rpo;: :lrf> p."pected to contini Ie to pxcp'pd l'xpl"'nnitllrl"s. nvt"r Iht" <br /> <br />next five.: nr "ix yp:tr~ hili excp.o;:s. net inc.omp io;: o;:tartine to o;:lowly trpnn do\Vnwarci~ Then-fore not only <br /> <br />is. it impnrt:]nt In m:1intnin :1 s.trnne reVI"n1le ha~I" throllch nn :lccn"~~ivp. pcnnoll1ic dt"vl"loplnf-nl ~lr;lrt"eY <br /> <br />and to ehflrep nppropriatp. fp.e.:s. hilt it is. fl cnntimml nf"cp",,,ity to mannce Jahor al1(i othl"r ('os.t~ in ordp.r 10 <br />deliver s.p.rvicp.c;;. in fl very co.;:, efTf"'etive.: mnnnf'r <br /> <br />City Fi":I"ri"g: :1"11 SUdai":Jhility :11 ~f""f"r:ll Pin" Builll Out <br />As. notf"d Ihl' rity cllrrently has. ovpr 70o.ln ofits.'otal (l,"nl'rnl J:llnd reVl"l1Ile cp.nl"mt."d from propt"rty tax <br /> <br />XI-tO <br />