DeSoto FY21----FY22-Approved-Budget

Projected Average Growth Rate: 2.79%

General Fund Revenue

$53

$48

$43

$38

$33

$28

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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 Source from General Funds Revenue Source

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

EGF

Inter-Governmental

528,205 $ 16,541,609 $ 12,371,779 $ 1,301,283 $ 1,576,624 $ 1,984,854 $

549,279 $ 16,880,059 $ 11,563,855 $ 1,280,155 $ 1,358,874 $ 2,135,561 $

1,253,353 $ 18,481,531 $ 11,608,438 $ 1,407,042 $ 1,319,502 $ 2,289,916 $

$ $ $ $ $ $ $ $ $ $

398,970

$

391,609

$

395,525

$

399,480

$ $ $ $ $ $ $ $ $ $

403,475

$ $ $ $ $ $ $ $ $ $

407,510

$ $ $ $ $ $ $ $ $

411,585

$ $ $ $ $ $ $ $ $

415,701

1.00% 1.84% 4.72% 3.28% 1.00% 1.80% 0.50% 0.00% 2.00%

Property Tax Non Prop. Tax Permits & Fees Municipal Court

20,203,096 12,485,763 1,395,670 1,450,463 2,015,685

23,214,416 $ 12,500,148 $ 1,090,270 $ 1,242,345 $ 2,291,232 $

23,641,561 $ 13,097,655 $

24,076,566 $ 13,692,288 $ 1,162,964 $ 1,267,316 $ 2,374,458 $

24,519,575 14,313,918 1,201,110 1,279,989 2,417,199

24,970,735 14,963,770 1,240,506 1,292,789 2,460,708 2,313,032 2,540,494 47,152,221 26,846

25,430,196 15,643,125 1,281,195 1,305,717 2,505,001 9,252,129

25,898,112 16,353,323 1,323,218 1,318,774 2,550,091 37,008,516

$ $ $ $ $ $

1,126,031 1,254,768 2,332,474

Charges for services Earnings on Investmets Contributions/donations

$ $

79,928 14,765

$ $

99,815 16,267

$ $

111,648 12,580

224,863 15,103

$ $

385,505

385,505

$ $

385,505

771,011

4,474

4,474

4,474

8,949

107,383

429,533

Other Total

2,111,310 $ 36,510,358 $

2,271,597 $ 36,155,461 $

2,542,388 $ 39,026,399 $

2,431,724 40,621,335

2,441,365 $ 43,561,363 $

2,465,779

2,490,436 $ 45,321,243 $

2,515,341 46,227,667

2,565,899

2,591,558

44,432,591 $

48,095,265 $

49,057,170 $

4.2 Non-GeneralFundRevenues Themajor revenue generated fromnon-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%

Revenue Source from Non-General Funds Revenue Source

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

EGF

Inter-Governmental

4,674,457 $ 6,793,998 $ 1,481,187 $ 24,188,176 $ 144,060 $ 10,069,475 $ 89,914 $ 7,409,186 $ 44,823,264 $ 42,285 $

3,862,685 $ 7,334,433 $ 2,610,822 $ 25,597,945 $ 203,264 $ 10,150,154 $ 83,299 $ 10,329,984 $ 50,111,433 $ 89,001 $

3,962,749 $ 7,346,245 $ 2,883,518 $

$ $ $ $ $ $ $ $ $ $

4,207,287 7,603,279 2,830,881

4,358,508 $ 7,313,039 $ 2,812,075 $ 28,827,372 $ 1,022,708 $ 15,839,829 $ 78,448 $ 11,008,521 $ 55,559,589 $ 138,917 $

$ $ $ $ $ $ $

4,402,093 7,447,599 2,946,492

4,446,114 $ 7,584,635 $ 3,080,263 $ 29,874,497 $ 1,022,708 $ 80,025 $

$ $ $ $ $ $ $ $ $ $

4,490,576 7,724,193 3,220,107 30,412,238 2,045,416 80,826

$ $ $ $ $ $ $ $ $ $

4,535,481 7,866,318 3,366,300 30,959,658 6,136,249 81,634

$ $ $ $ $ $ $ $ $

4,580,836 8,011,058 3,519,130 31,516,932 24,544,996 82,450 3,334,004 18,674,722 -

$ $ $ $ $ $ $ $ $

4,626,645 8,158,461 3,678,898 32,084,237 98,179,984 83,275 13,336,018 20,773,125 -

1.00% 1.84% 4.72% 1.00% 1.80% 0.50% 0.00% 0.00% 2.00%

Property Tax Non Prop. Tax Municipal Court

$

80,072

86,512

79,233

Charges for services Earnings on Investmets

27,337,851 $

28,527,436

29,346,264 $

$

303,611

630,997

1,022,708

Intra-Gov

12,070,666 $

11,848,258

-

$ $

-

-

-

138,917

138,917

277,834

833,501

Contributions/donations

$

11,882

67,703

Other Total

23,121,287 $ 65,047,214 $

2,203,092 46,157,188

12,046,649 $ 57,701,137 $

13,182,985 $ 59,942,392 $

14,725,423 64,179,510

16,769,161 73,612,474

104,671,097 $

219,752,301 $

Historical and forecasted Non-General Fund revenues listed are listed below. Under the assumption of having bonds issued for the next five years, the revenue from other sources is set to 2.0% EGF.

120

Made with FlippingBook - professional solution for displaying marketing and sales documents online