budget

WS - D - Tiffin CL - FY 2023

Dated January 23, 2024City Council — work session, January 23, 2024 15 pages

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City of Tiffin Financial Analysis General Fund Receipts $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $- 2022 2023 Intergovernmental $322,806 $385,710 Miscellaneous and Investment Income 100,349 226,858 Licenses, Permits, Charges and Fines 630,744 698,509 Taxes and Assessments $1,876,246 2,164,308 General Fund receipts totaled $3,475,385 in 2023. The main source of receipts for the City, property taxes, and other taxes receipts, increased $288,062 due to an increase in the levy. Intergovernmental receipts increased $62,904 due to receiving derecho grant dollars. Charges for services receipts increased $67,765 due to increased development fees received. Use of Money and Property receipts increased due to increased investment income. 9

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