|
Public Safety - Local Option Income Tax Fund 249
<br />
<br />Fiscal Year Revenue Expenditures Net Ending Cash
<br />2000 Actual -$ -$ -$ -$
<br />2001 Actual - - - -
<br />2002 Actual - - - -
<br />2003 Actual - - - -
<br />2004 Actual - - - -
<br />2005 Actual - - - -
<br />2006 Actual - - - -
<br />2007 Actual - - - -
<br />2008 Actual - - - -
<br />2009 Actual - - - -
<br />2010 Actual 6,083,195 4,940,000 1,143,195 1,143,195
<br />2011 Actual 5,510,916 4,976,969 533,947 1,677,142
<br />2012 Actual 6,789,332 5,476,534 1,312,798 2,989,940
<br />2013 Actual 6,582,642 7,540,389 (957,746) 2,032,194
<br />2014 Actual 6,384,450 7,122,666 (738,215) 1,293,979
<br />2015 Actual 6,471,577 7,124,598 (653,021) 640,958
<br />2016 Actual 6,797,474 6,499,635 297,839 938,797
<br />2017 Budget 7,473,618 7,462,645 10,973 949,770
<br />Total 52,093,205$ 51,143,435$ 949,770$
<br />Notes
<br />This fund was established in 2010 due to Indiana's property tax "circuit breaker" system
<br />that effectively limited property tax receipts. The City has adopted a special income tax of
<br />one quarter of one percent (0.25%) to be used solely for the salaries of public safety
<br />employees that were formerly paid by property taxes.
<br /> $-
<br /> $500
<br /> $1,000
<br /> $1,500
<br /> $2,000
<br /> $2,500
<br /> $3,000
<br /> $3,500
<br /> $-
<br /> $1,000
<br /> $2,000
<br /> $3,000
<br /> $4,000
<br /> $5,000
<br /> $6,000
<br /> $7,000
<br /> $8,000
<br />Ending Cash (Thousands)Revenue & Expenditures (Thousands)Revenue Expenditures Ending Cash
<br />Fund Revenue and
<br />Expenditures Report Fund 249 29
|