Analysis of Performance
- Government revenue is $7.7M or 2.7% over budget, driven by sales and use tax, general government fees, transportation fees, and interest revenue.
- General Fund revenue is $1.9M or 1.1% over budget due to sales and use tax and interest revenue.
- Utility Revenue is $2.3M or 1.2% over budget, driven by interest revenue, development fees, and other miscellaneous revenues, offset by water charges for services which are 6.4% under budget.
Why Is This Important?
City Organization Impact on Performance
High – The City has direct control over its revenue forecasts. Historical analysis of actual revenue compared to budgeted revenue, along with a good understanding of the economic climate should allow the City to improve the accuracy of its revenue forecasts.