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<br />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 7,122,665 (738,215) 1,293,979
<br />2015 Actual 6,471,577 7,124,598 (653,021) 640,958
<br />2016 Budget 6,797,160 6,600,626 196,534 837,492
<br />Total 44,619,273$ 43,781,781$ 837,492$
<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 />$0
<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
<br />
<br />(Thousands)
<br />Revenue
<br />&
<br /> Expenditure
<br />(Thousands)
<br />Public Safety ‐Local Option Income Tax (LOIT)
<br />Fund 249
<br />Revenue Expenditures Ending Cash
<br />30
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