Citizen's Guide to Finances: Revenue Sources and Trends

Revenue

Overview

Current Year

Revenues

Breakdown by %

Total Governmental

Revenue Sources

2012-2019

Revenues

per Capita

2012-2019

General Fund

Revenue Sources

2012-2019

Revenue Source FY 17-18 FY 18-19 % Change FY 17-18
per capita
FY 18-19
per capita
Taxes
$ 4,875,871
$ 5,035,024

3.3%

$ 383.99
$ 399.86
Licenses and permits
10,735
8,984

- 16.3%

0.85
0.71
Federal sources
157,755
31,688

- 79.9%

12.42
2.52
State sources
1,004,514
1,512,727

50.6%

79.11
120.13
Local sources
59,820
283,208
373.4%
4.71
22.49
Charges for services
576,291
597,584
3.7%
45.38
47.46
Interest income
23,020
23,100
0.3%
1.81
1.83
Fines and forfeitures
4,132
6,451
56.1%
0.33
0.51
Other revenues
492,979
143,910
- 70.8%
38.82
11.43
Transfers in
595,664
332,651
- 44.2%
46.91
26.42
Total Revenues
$ 7,800,781
$ 7,975,327
2.2%
$ 614.33
$ 633.36

 

Prepared by MGT of America Consulting, LLC

Great Lakes Region

2343 Delta Road

Bay City MI, 48706