General Fund This section of the budget contains the following: Budget Summary – an expanded view of financial data presented in the Budget Summary by Fund Type in the Financial Analysis section. Revenues by Category – provides additional detail of fund revenue by source. Expenditure Summary by Department – provides additional detail of departmental expenditures. Property Tax Rate History – graphic illustration of property tax rates over several years. Sales Tax History – a graphic illustration of sales tax revenue over several years. The remainder of this section provides an illustration of department functions and a program summary for each General Fund department and division. Departments are traditionally the highest level organizational units of municipal government operations. Examples of departments are Police, Fire and Development Services. The division/program is the most basic unit of organization structure. A program identifies a grouping of similar, related work activities. Examples of divisions include Street Maintenance (Development Services) and Senior Center (Parks and Recreation). Cooperative Efforts This section provides the following information for the City’s regional initiatives: Budget Update Program Summaries Regional Communications provides police, fire, medical aid and emergency service communications to DeSoto and several neighboring cities. Jail Operations provides incarceration services to DeSoto and neighboring cities. Sales Tax Corporations This section provides budgetary information on the DeSoto evelopment Corporation and the DeSoto Park Development Corporation. A portion of local sales taxes primarily funds these entities. Public Utility Fund This section of the budget contains the following: an expanded view of financial data presented in the Budget Summary by Fund Type in the Financial Analysis section. Public Utility Fund Major Revenue Sources - a graphic illustration of water and sewer revenue over several years. The remainder of this section provides an illustration of department functions, and a program summary for each Public Utility Fund department. Storm Drainage Utility and Sanitation Enterprise Funds These sections provide budgetary data for the City’s drainage and sanitation enterprise funds. This data consists of a Budget Summary – an expanded view of financial data presented in the Budget Summary by Fund Type in the Financial Analysis section and a program summary.
11
Made with FlippingBook Annual report maker