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<br /> ' � , GENERAL FIIND
<br /> � SIJMt�tARY OP OPERATIOPS
<br /> CASH BASIS
<br /> Ffscal Years Ending April 30,
<br /> (In Thousands)
<br /> 1983 1982 1981 1980 1979
<br /> Revenues:
<br /> Property Taxes $ 846 $ 853 $ 878 $ 843 $ 571
<br /> Replacement Taxes 14 91 172 50 ---
<br /> Sales Taxes 5,758 5,723 5,723 5,797 5,685
<br /> Utility &Franchise Taxes 1,258 1,138 1,031 1,009 963
<br /> Licenses and Permits 295 299 355 375 333
<br /> Other Revenues 1 ,525(2) 2,420(2) 963 783 759
<br /> Federal Rev. Sharing Proeds 895 695 387 278 ---
<br /> Transfers from Other Funds 1 ,162 1 ,865 1 ,123 1,061 1 ,037
<br /> Total Revenues & Transfers $13,162 $13,084 $10,632 $10,196 $9,348
<br /> Expenditures:
<br /> General Government $ 2,221 $ 2,326 $ 1,746 $ 1,500 $1,455
<br /> Public Safety 9,573 8,776 8,100 7,514 6,911
<br /> Highways and Streets 2,695 2,605 2,255 2,086 1,739
<br /> Sanitation 565 514 496 396 427
<br /> Capital Outlays 537 299 340 165 501
<br /> Less Pensions(1) (2,273) (2,060} (2,080) (1,969) (1,855)
<br /> Total Expenditures $13,640 $12,460 $10,857 $ 9,692 $ 9,178
<br /> ________ _______ _______ _______ _______
<br /> Excess(Deficit) of Revenues
<br /> and Transfers
<br /> Over Expenditures & Transfers $ (478) $ 624 $ (225) $ 504 $ 170
<br /> ________ _______ ________ _______ _______
<br /> See Notes to Financial Statements in Appendix A, "Financial Statements."
<br /> (1) Payments of the City's pension and retirement obligations included
<br /> under the Illinois Municipal Retirement Fund and the City's Police
<br /> Pension Fund and Firemen's Pension Fund are made from the respective
<br /> other funds of the City which incur the related liability.
<br /> (2) The Food/Beverage tax and Hotel/Motel tax are included in this figure.
<br /> 1982 was the first year that these taxes were included. Revenues from
<br /> Food/Beverage tax in 1982 were $1 ,110 and in 1983 were $1 ,409.
<br /> 1983-84 Budget
<br /> The City's fiscal 1984 budget allocates approximately $41.4 million for
<br /> operations , debt retirement capital outlay and public improvements. This
<br /> reflects a 14.3X increase in expenditures as compared to expenditures for fiscal
<br /> 1983. No new revenue sources or increase in taxes were proposed. The 1984
<br /> budget reflects no salary adjustments except step in grade and a (35y)
<br /> $3,316,000 increase in capital improvements. The fiscal 1984 budget provides
<br /> for the continuation of all services at previous levels and no new major
<br /> programs or expansions of existing programs were authorized.
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