General Fund Historical Comparison

CITY OF OLEAN, NEW YORK
GENERAL FUND BUDGET
HISTORICAL COMPARISON
2007/2008 2008/2009 2008/2009 2009/2010
Actual  Revenues & Projected Year Proposed
Revenues & Expenditures End Revenues Revenues &
Expenditures Year-to-date1 Expenditures Expenditures
REVENUES:
Real property taxes $5,727,882 $6,021,462 $6,340,786 $6,621,354
Special assessment tax - real property $2,380 $2,283 $2,283 $2,187
Real property tax items $224,299 $173,684 $233,684 $187,655
Non-property tax items $4,461,486 $2,769,894 $4,519,996 $4,265,000
Departmental income $1,227,058 $931,597 $1,218,505 $1,246,000
Intergovernmental charges $166,924 $107,163 $158,930 $163,603
Use of money and property $163,542 $96,461 $105,460 $76,550
Licenses and permits $52,182 $65,355 $73,360 $52,750
Fines and forfeitures $108,336 $61,179 $79,689 $110,000
Sales of property and compensation for loss $8,962 $38,100 $37,590 $6,000
State aid $2,518,685 $581,156 $2,715,292 $2,801,013
Other $0 $0
TOTAL REVENUES $14,661,736 $10,848,333 $15,485,575 $15,532,112
EXPENDITURES:
General government support $2,129,946 $1,601,406 $2,322,534 $2,837,997
Public safety $4,862,860 $3,841,122 $5,208,431 $5,400,529
Health $84,904 $58,903 $80,627 $87,500
Transportation $1,260,287 $1,079,091 $1,435,240 $1,718,061
Economic development $15,000 $15,000 $15,000 $15,000
Culture and recreation $857,037 $789,164 $1,062,727 $1,110,897
Home and community services $103,745 $77,825 $108,302 $160,140
Employee benefits $2,850,088 $2,441,146 $3,087,268 $3,306,338
Debt service:
Principal $23,050 $19,384 $23,282 $23,516
Interest $216,146 $282,554 $282,797 $276,144
TOTAL EXPENDITURES $12,403,063 $10,205,595 $13,626,208 $14,936,122
EXCESS OF REVENUE OVER EXPENDITURES $2,258,673 $642,739 $1,859,367 $595,990
OTHER FINANCING USES
BANS Redeemed from appropriations
Operating transfers out ($748,128) ($631,903) ($640,952) ($595,990)
TOTAL OTHER FINANCING USES ($748,128) ($631,903) ($640,952) ($595,990)
EXCESS REVENUES OVER EXPENDITURES $1,510,545 $10,835 $1,218,415 $0
FUND EQUITY (DEFICIT), BEGINNING OF YEAR ($2,420,546) ($910,001) ($910,001) $308,414
FUND EQUITY (DEFICIT), END OF YEAR ($910,001) ($899,166) $308,414 $308,414