Revenue budget On the following page is the 1992 revenue budget for Longsburg.

In preparing data for the 1993 revenue budget, the controller of Longsburg has identified the following items. The city income tax rate will remain the same, but the total amount of personal income earned by city residents is expected to increase 15 percent. The city's property tax rate will be raised in 1993 by 8 percent and the assessed valuation of property will increase by 16 percent. More stringent water quality requirements will increase the cost of operating the sewage treat- ment plant in 1993. In addition, the cost of providing water will increase because of new filtration equipment. In total the water and sewer rate will increase by 18 percent, and the amount of use should increase by 10 percent. License fees are expected to increase about 4 percent, which is the expected increase in city population for 1993. The same is true for parks and recreation fees. The parking meter rate will be raised by 40 percent in 1993, and stricter enforcement of parking violations is expected to increase the traffic fines and court cost fees by 20 percent. A tight state government budget suggests that the state appropriations for various civic programs and services will be reduced about 25 percent. On the other hand, federal government grants are expected to increase by 80 percent to pay for a variety of new programs currently funded and administered by the city.

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CITY OF LONGSBURG Revenue Budget 1992 Taxes: Property taxes City income taxes Total city tax revenues Fees: Water and sewer $ 4,000,000 1,400,000 5,400,000 2,800,000 License fees.. 350,000 Parking meters 540,000 Parks and recreation fees..... 130,000 Traffic fines and court cost fees 600,000 Total fees..... 4,420,000 Other revenues: State government appropriations 1,600,000 Federal government grants.... 2,200,000 Total other revenue 3,800,000 Total revenue for 1992 $13,620,000