Response to the following question:
| City of Miami General Fund Budget 2008-2016 |
|
2008 Budget |
2016 Budget |
2008-2016 Change |
|
$ |
% of Total |
$ |
% of Total |
$ Change |
% Change |
| Revenues |
|
|
|
|
|
|
| Property Tax |
52,242,954 |
|
78,519,348 |
|
|
|
| Motor Vehicle Tax |
9,081,400 |
|
9,408,238 |
|
|
|
| Sales Tax |
117,117,201 |
|
131,466,507 |
|
|
|
| Restaurant Tax |
- |
|
19,084,888 |
|
|
|
| Business Taxes |
29,634,895 |
|
33,775,353 |
|
|
|
| Licenses and Permits |
8,800,811 |
|
8,620,323 |
|
|
|
| Intergovernmental Revenues |
7,757,200 |
|
4,877,090 |
|
|
|
| Service Charges |
16,955,899 |
|
19,252,164 |
|
|
|
| Interest and Miscellaneous |
3,182,105 |
|
3,218,475 |
|
|
|
| Prior Year Fund Balance |
3,764,336 |
|
3,015,778 |
|
|
|
| TOTAL REVENUES |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Expenditure Appropriations |
|
|
|
|
|
|
| General Government |
10,683,404 |
|
12,369,393 |
|
|
|
| Planning |
5,358,880 |
|
6,972,304 |
|
|
|
| Parks and Recreation |
14,907,520 |
|
17,688,172 |
|
|
|
| Fire |
63,670,372 |
|
66,914,984 |
|
|
|
| Police |
87,222,525 |
|
115,920,343 |
|
|
|
| Public Works |
14,676,418 |
|
17,322,527 |
|
|
|
| Convention & Tourism |
255,600 |
|
- |
|
|
|
| Library |
7,938,606 |
|
10,564,133 |
|
|
|
| Other Budgetary Accounts |
43,823,476 |
|
63,486,308 |
|
|
|
| TOTAL APPROPRIATIONS |
|
|
|
|
|
|
Notes:
General Government includes Mayor, City Council, City Clerk, Law, Human Resources, Human Rights and Relations, and Finance. Other Budgetary Accounts includes Retiree Health Insurance, Workers' Compensation,County Jail, 911, Information Technology Services, Lease Payments, and Misc.
1. Calculate total revenues and expenditures for each year.
2. Calculate each revenue source and expenditure category as a percentage of the total budget for each year (for example, property tax for 2008 = 52,242,954/total revenue * 100).
3. Calculate the amount change from 2008 to 2016 for each revenue source and expenditure, and for total revenues and expenditures (=2008 amount - 2016 amount).
4. Calculate the % change from 2008 to 2016 for each revenue source and expenditure, and for total revenues and expenditures (= amount change/2008 amount * 100).
5. Write a brief analysis (two-three paragraphs). This should include the total amount of the budget, how much it has changed over time, the major revenue sources and which have experienced the greatest change, the major expenditure categories and which have experienced the most change (be sure to includes and %'s in your discussion, do not talk generally).