Budget Highlights
2021 City Budget
The City Council adopted the 2021 budget in September. The General Fund budget reflects a surplus of $205,000. The General Fund revenue totals $40.4 million which approximates the 2020 budgeted revenue. Some of the more significant General Fund revenues include:
| Source of Revenue | 2020 Budget | 2021 Budget | % Change |
| Real estate tax | $16,629,000 | $17,129,000 | 3.0% |
| Sales tax | 10,781,000 | 10,545,000 | (2.2) |
| License and franchise fees | 3,367,000 | 3,100,000 | (7.9) |
| Utility taxes | 1,600,000 | 1,696,000 | 6.0 |
| Automobile property taxes | 1,294,000 | 1,299,000 | 0.4 |
| Construction permits | 1,280,000 | 906,000 | (29.2) |
| Fines | 448,000 | 419,000 | (6.5) |
| All other | 5,120,570 | 5,352,042 | 4.5 |
| Total | $40,519,570 | 40,419,042 | (0.25)% |
2021 General Fund expenses and transfers total $40.3 million which represents a 2% decrease from last year’s budget. The charts below depict the relative importance of the various sources of revenue in the General Fund, functional and departmental expenses.
Other items of interest in the various 2021 capital projects funds:
• Recreational facility improvements - $4.4 million
• Infrastructure improvements - $1.6 million
• Grant funded sidewalk and trail improvements - $2.5 million
• Equipment and facilities improvements - $2.9 million
