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image of graph of General Fund Summary - Sources of Funds <br />GENERAL FUND SUMMARY— SOURCES OF FUNDS - $19.3 Million <br />Property Taxes 30% <br />Other Taxes 19% <br />Interfund Transfers 16% <br />Intergovernment Revenue 14% <br />Permits, Fees and Specialty Assessments 11 % <br />Charges for Services 6% <br />Fines and Forfeitures 2% <br />Miscellaneous Revenue 2% <br />Fund Balance Appropriatoin 0% <br />Other Taxes $3,620,063 <br />Charges for Services $1,082,142 <br />Property Taxes $5,782,150 <br />Miscellaneous Revenues $379,586 <br />Interfund Transfers In $3,151,577 <br />Fines and Forfeitures $376,449 <br />Intergovernmental Revenue $2,783,583 <br />Permits, Fees and Specialty Assessments $2,059,349 <br />Fund Balance Appropriation $27,813 <br />GENERAL FUND REVENUES — Property Taxes - $5.81 Million <br />Ad valorem property taxes are the largest single component of the General Fund operating budget. For <br />Fiscal Year 2015, there has been a good increase in market values and taxable value has grown to <br />$1,093,971,650, reflecting a gain of about 3.5 percent. <br />Taxable Value <br />Budget Year <br />Fiscal Year 2006 $1,124 Million, 8.80% Change <br />Fiscal Year 2007 $1,414 Million, 25.90% Change <br />Fiscal Year 2008 $1,598 Million, 13.00* % Change <br />Fiscal Year 2009 $1,504 Million, (5.90)** % Change <br />Fiscal Year 2010 $1,320 Million, (12.20)*** % Change <br />Fiscal Year 2011 $1,146 Million, (13.18)*** % Change <br />Fiscal Year 2012 $1,073 Million , (6.37)*** % Change <br />Fiscal Year 2013 $1,033 Million, (3.73)*** % Change <br />Fiscal Year 2014 $1,057 Million, 2.27 **** % Change <br />Fiscal Year 2015 $1,094 Million, 3.52 % Change <br />* HB1B - State Legislature mandated property tax cut <br />** Amendment 1 - Property exemptions, real estate decline, and caps on growth in millage rates <br />***Economic Recession <br />**** Unusually deep VAB reductions after Fiscal Year13 budget and levy set <br />Page 16