Operating Revenues

Fiscal Year 2017/2018 Budgeted Revenues by Source
 
(Estimated to be raised from sources other than taxation for General Corporate Purposes and for Special Purposes.)
   
General Fund - Beginning Funds on Hand $3,700,000
Capital Fund - Beginning Funds on Hand 2,800,000
Sales Tax 9,756,600
Home Rule Sales Tax 9,666,090
Income Tax 4,000,000
Personal Property Replacement Tax 3,302,000
Other Tax Revenues 1,816,739
Licenses & Permits 145,800
Charges for Services 657,100
Rent & Other Income 13,670
Interest Income 12,000
Grants 33,000
Transfers - In 548,667
Inter-Governmental Revenues 529,109
TOTAL $36,980,775
   
Total to be Raised by Taxation for General Corporate Purpose 0.00
Total to be Raised by Taxation for Special Purposes 0.00
   
Debt Retirement:  
Series 2009 General Obligation Corporate Purpose Bond (09-27) 389,562
Series 2010 General Obligation Refunding Bond (10-12) 97,380
Series 2015 General Obligation Refunding Bond (15-21) 1,174,426
   
For Special Service Area #2:  $77,000
   
For Employee Retirement:  
Firemen's Pension Fund 2,017,537
Policemen's Pension Fund 1,881,882
   
For Public Library 732,045
   
Total to be Raised by Taxation for General and Special Corporate Purposes $6,369,832

I, Sheri Ray, Budget Officer, hereby certify that these are the estimated revenues, by source, to be received by the City of Quincy during the 2017-2018 fiscal year covered by the approved budget.