GENERAL FUND

FISCAL YEAR 2023-2024 ANNUAL BUDGET

MISSION STATEMENT

The mission of the General Fund is to record all revenue not required by state statute or local law to be reported separately, and to show the legal expenditure of those monies.

OVERVIEW

The General Fund is the City's major operating fund, accounting for all financial resources of the City except those required to to be accounted for in another fund. Property taxes from the City's general tax millage/levy and state shared revenue are recorded in this fund. General administration and some public works functions are provided from this fund.


As the largest operating fund, revenue exceeds $47.4 million (including transfers-in from other funds). Over 95 percent of General Fund revenue is from property taxes, state/federal grants, fines and forfeitures, licenses and permits, and charges for services. Property tax revenue alone makes up approximately 57 percent of revenue. The base operating millage is authorized by the City Charter in chapter eight section 4.11(a). A secondary source of general fund revenue includes interest and rentals, contributions and donations, and other revenue.

STRATEGIC PLAN GOALS AND OBJECTIVES

Each General Fund department develops its own goals and objectives to align with the City's strategic planning initiatives. You will find these items outlined on the individual department pages.

Operating Indicators and Performance Trends are summarized at this link.

BUDGET SUMMARY - REVENUE


BUDGET SUMMARY - EXPENDITURES


NET REVENUE > EXPENDITURES


SIGNIFICANT PROGRAM NOTES - FISCAL YEAR 2023-2024

Please see the detailed lists of significant items in each department section.