Citizen's Guide to Finances: Revenue Sources and Trends

Revenue

Overview

Current Year

Revenues

Breakdown by %

Total Governmental

Revenue Sources

2010-2018

Revenues

per Capita

2013-2018

General Fund

Revenue Sources

2010-2018

Revenue Source FY 16-17 FY 17-18 % Change FY 16-17
per capita		 FY 17-18
per capita
Taxes
$ 4,840,573
$ 4,875,871
0.7%
$ 378.44
$ 381.20
Licenses and permits
3,057
10,735
251.2%
0.24
0.84
Federal sources
170,067
157,755
- 7.2%
13.30
12.33
State sources
1,239,408
1,004,514
- 19.0%
96.90
78.53
Local sources
12,020
59,820
397.7%
0.94
4.68
Charges for services
604,013
576,291
- 4.6%
47.22
45.05
Interest income
25,613
23,020
- 10.1%
2.00
1.80
Fines and forfeitures
4,500
4,132
- 8.2%
0.35
0.32
Other revenues
225,893
492,979
118.2%
17.66
38.54
Loan proceeds
1,074,200
- 0 -
- 100.0%
83.98
- 0 -
Transfers in
500,150
595,664
19.1%
39.10
46.57
Total Revenues
$ 8,699,494
$ 7,800,781
- 10.3%
$ 680.13
$ 609.86

*FY-16-17 and FY17-18 Per Capita calculations based on July 1, 2017 population.

Prepared by MGT of America Consulting, LLC

Great Lakes Region

2343 Delta Road

Bay City MI, 48706