Citizen's Guide to Finances: Revenue Sources and Trends

Revenue

Overview

Current Year

Revenue Sources

Total Revenues

by Source

2010-2015

Primary Revenues

per Capita

2010-2015

Other Revenues

 per Capita

2010-2015

Revenue Source 2014 2015 % Change 2014
per capita		 2015
per capita		 % Change
Taxes
$ 4,361,676
$ 4,806,223
10.2%
$ 335.80
$ 374.29
11.5%
Federal government
189,792
125,044
- 34.1%
14.61
9.74
- 33.4%
State government
859,439
1,051,241
22.3%
66.17
81.87
23.7%
Local contributions
82,687
79,163
- 4.3%
6.37
6.16
- 3.2%
Charges for services
535,978
509,859
- 4.9%
41.26
39.71
- 3.8%
Interest income
3,412
3,457
1.3%
0.26
0.27
2.5%
Fines and forfeitures
21,112
17,913
- 15.2%
1.63
1.39
- 14.2%
Other revenues
140,209
274,551
95.8%
10.79
21.38
98.1%
Proceeds from sales of assets
3,316
- 0 -
- 100.0%
0.26
- 0 -
- 100.0%
Proceeds from notes payable
- 0 -
76,128
n/a
- 0 -
5.93
n/a
Transfers in
415,849
219,840
- 29.8%
32.02
22.73
- 29.0%
Total Revenues
$ 6,613,470
$ 7,235,419
9.4%
$ 509.16
$ 563.46
10.7%

Prepared by MGT of America Consulting, LLC

Great Lakes Region

2343 Delta Road

Bay City MI, 48706