FY2016-17 Budget Final

City of DeSoto Five-Year Financial Forecast FY2017 – FY2021

$28 $30 $32 $34 $36 $38 $40 $42 $44 $46 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 General Fund Revenues

The table below summarizes the historical revenue figures for the past five years and provides a forecast for the future period. The Estimated Growth Factor (EGF) for each category is listed in the last column. Revenue fromGeneral FundSources Revenue Source 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 EGF Inter-Governmental 395,754 $ 677,701 $ 392,402 $ 514,680 $ 528,205 $ 533,487 $ 538,822 $ 544,211 $ 549,653 $ 555,149 $ 560,701 $ 1.00% PropertyTax 15,147,908 $ 14,774,132 $ 15,286,002 $ 15,959,378 $ 16,541,609 $ 16,845,974 $ 17,155,940 $ 17,471,609 $ 17,793,087 $ 18,120,480 $ 18,453,897 $ 1.84% NonProp. Tax 9,473,589 $ 9,808,787 $ 10,006,699 $ 10,923,138 $ 12,371,779 $ 12,955,727 $ 13,567,237 $ 14,207,611 $ 14,878,210 $ 15,580,461 $ 16,315,859 $ 4.72% Permits andFees 795,377 $ 823,229 $ 871,691 $ 1,248,422 $ 1,301,283 $ 1,343,965 $ 1,388,047 $ 1,433,575 $ 1,480,597 $ 1,529,160 $ 1,579,317 $ 3.28% Municipal Court 976,303 $ 889,401 $ 932,688 $ 1,444,240 $ 1,576,624 $ 1,592,391 $ 1,608,314 $ 1,624,398 $ 1,640,642 $ 1,657,048 $ 1,673,618 $ 1.00% Charges for services 1,281,569 $ 1,429,425 $ 1,593,498 $ 1,677,826 $ 1,984,854 $ 2,020,581 $ 2,056,952 $ 2,093,977 $ 2,131,668 $ 2,170,038 $ 2,209,099 $ 1.80% Earnings on Investments 42,634 $ 25,655 $ 38,542 $ 38,486 $ 79,928 $ 80,328 $ 80,328 $ 80,328 $ 80,328 $ 80,328 $ 80,328 $ 0.50% Contributions/donations - $ 1,566 $ 14,697 $ 16,717 $ 14,765 $ 14,765 $ 14,765 $ 14,765 $ 14,765 $ 14,765 $ 14,765 $ 0.00% Other 2,048,601 $ 1,977,073 $ 2,264,566 $ 2,420,932 $ 2,111,310 $ 2,132,423 $ 2,153,747 $ 2,175,285 $ 2,197,037 $ 2,219,008 $ 2,241,198 $ 1.00% Total 30,161,736 $ 30,406,968 $ 31,400,785 $ 34,243,819 $ 36,510,358 $ 37,519,642 $ 38,563,754 $ 39,645,359 $ 40,765,587 $ 41,926,038 $ 43,128,382 $ Growth% InGFRevenue 0.81% 3.16% 8.30% 6.21% 2.69% 2.71% 2.73% 2.75% 2.77% 2.79% 4.2 Non-General Fund Revenues The major revenue generated from non-General Fund sources include the Enterprise Funds which generates an average $20 Million a year. Issuance of bonds has also contributed to the fluctuation in revenue figures in the past 5-years. The graph shows the historical and projected Non-General Fund Revenues. The projection assumes that the City of DeSoto will issue approximately of $35.0 million in bonds in the next five years.

Historical Growth Rate : 14.3% Average Projected Growth Rate: 1.8%

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