FY 2024-25 Adopted Budget Book

CITY OF DESOTO ALL FUNDS REVENUE SUMMARY BY MAJOR TYPE

Actuals FY

Projected FY Proposed FY

REVENUE TYPE

2023

2024

2025

PROPERTY TAXES

CURRENT

$ 42,990,070 $ 48,747,350 $ 53,082,400

DELINQUENT

114,809 520,854 688,544 495,174

250,000 175,000 688,544

275,000 175,000 689,000

PENALTIES & INTEREST PAYMENT IN-LIEU OF TAX SPECIAL ASSESSMENT PID

-

-

Subtotal Property Taxes

44,809,451

49,860,894

54,221,400

SALES TAXES

14,919,217

14,315,000

15,461,250

HOTEL OCCUPANCY TAXES

1,522,455

1,300,000

1,300,000

UTILITY FRANCHISE FEES

ELECTRIC

1,625,759 962,290 100,010 844,714 407,887 1,158,738 5,099,399

1,600,000 962,290 100,000 650,000 525,000 1,024,000 4,861,290

1,600,000 962,290 100,000 800,000 475,000 1,024,000 4,961,290

WATER & SEWER TELEPHONE NATURAL GAS

CABLE TELEVISION 911 EMERGENCY FEES

Subtotal Franchise Fees

ADMINISTRATIVE FEES

FROM WATER & SEWER FUND TO GENERAL FROM DRAINAGE FUND TO GENERAL FUND FROM SANITATION FUND TO GENERAL FUN

1,356,063 102,673 534,235 1,992,971

1,356,063 102,673 534,235 1,992,971

1,356,063 102,673 534,235 1,992,971

Subtotal Administrative Fees

LICENSES & PERMITS

BUILDING PERMITS IMPACT FEE REVENUE

959,251 2,089,756

800,000

900,000 450,000 65,000 175,000

-

ZONING & APPLICATIONS FEES DEVELOPMENT PERMITS RENTAL INSPECTION FEE ROW PERMITS BEVERAGE PERMITS & FEES CREDIT ACCESS BUSINESS REG PRIVATE AMBULANCE PERMIT BOARDING FACILITY PERMIT ALARM PERMITS

89,221 31,448 1,050

60,000 175,000

2,500

2,500

-

5,000

5,000

161,399

200,000

200,000

200

250 250

250 250

-

3,150

2,000

2,000

Subtotal Licenses & Permits

3,335,476

1,245,000

1,800,000

INTERGOVERNMENTAL

FEDERAL/STATE GRANTS MATCHING GRANTS

2,076,280

719,413 40,000

497,712

-

-

PARTICIPANT CITY SHARE INCOME INTERGOVERNMENTAL REIMBURSEMENTS

4,576,964 1,265,027

5,225,000 1,178,321

5,633,130 995,180

SEIZED FUNDS

33,401

55,000

55,000

Subtotal Intergovernmental

7,951,673

7,217,734

7,181,022

-

CHARGES FOR SERVICES

95

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