Revenues

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Fiscal Year 2019/2020 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	$1,962,000
General Fund - Cash Reserve Funds	3,446,395
Capital Fund - Beginning Funds on Hand	2,570,000
	7,978,395

Sales Tax	9,931,455
Home Rule Sales Tax	9,434,784
Income Tax	4,093,775
Personal Property Replacement Tax	2,969,000
Other Tax Revenues (includes $800,00 from Amendment A)	2,162,790
Licenses & Permits	292,900
Charges for Services	666,300
Rent & Other Income	11,050
Interest Income	42,000
Grants	73,000
Transfers - In	753,959
Inter-Governmental Revenues	731,340
TOTAL before property tax revenues	$31,162,353

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 2009C General Obligation Corporate Purpose Bond (09-27)	402,258
Series 2010 General Obligation Refunding Bond (10-12)	113,780
Series 2015 General Obligation Refunding Bond (15-21)	1,192,784

For Employee Retirement:
Firemen's Pension Fund	2,348,205
Policemen's Pension Fund	2,335,877

For Public Library	732,045
For Special Service Area	95,912

Total to be Raised by Taxation for General and Special Corporate Purposes	$7,220,861

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 2019-2020 fiscal year covered by the approved budget.