Transcript Tax Revenue Predictions for The City Of Kelsey

Estimated Generated Revenue
43,100,000
43,000,000
42,900,000
42,800,000
42,700,000
Estimated Generated Revenue
42,600,000
42,500,000
42,400,000
42,300,000
42,200,000
2011
2012
700000
600000
500000
400000
300000
200000
100000
0
2011
2012 estimates
2011
The City of Kelsey
Accumulated $42,479,925
in total revenue
2012
City Management has
predicted generated
revenue estimates of
$43,500,000
Revenue Estimation
2012
Revenue Estimation
2011
41500000
42000000
42500000
43000000
43500000
Revenue Sources
2011
2012
Sales Tax
$31,625,959
$31,880,978
Property Tax
$7,468,271
$7,723,290
Franchise Tax
$485,695
Highway User Tax
$2,900,000
$3,155,019
Totals
$42,479,925
$43,500,000
$740,714
Major Sources of Revenue
45,000,000
40,000,000
o Sales Tax
o Property Tax
o Franchise Tax
o Highway User Tax
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
0
2011
2012
2011
Highway User Taxes
7000000
6000000
1.
2.
3.
4.
5.
6.
HURF funding
$.05 fuel tax
Motor carrier fees
Vehicle license taxes
Vehicle registration fees
Other transportation related fees
5000000
4000000
3000000
2000000
1000000
0
2011
HURF statewide fund: $290 million in
previous FY
Kelsey share = $ 3 million
HURF = special revenue fund
Funding allocated to Kelsey Public
Works
Used for highway construction
projects, and maintenance
In previous FY Kelsey
personal services consumed
80% of generated revenue
from:
1.
2.
3.
Sales Tax
Property Tax
Franchise Tax
16,000,000
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
2011
2012
•Fiscal responsibility
•Teamwork and diligence
•Accurate spending trends = accurate budget
 Apollo Group, Inc. (2007, 2009, 2011); City of Kelsey City
Government, Census 2000, City Of Kelsey CAFR; Retrieved
November 5, 2011 QNT/562 https//ecampus.phoenix.edu/secured