Community Relations

2016 Annual Activity Report

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FINANCIAL SNAPSHOT The annual budget guides the city's plan for providing the services, facilities, and infrastructure that has helped make Bristol a superior community. For fiscal year beginning July 1, 2016 through June 30, 2017, the budget was developed in accordance with applicable ordinances of the city, state and federal laws, and relevant policies and procedures. The FY 2016-17 Budget was a balanced budget with total expenditures of $99,015,974, an increase of $2,199,545 or 2.3% from FY 2015-16. The budget maintains the current property tax rate of $2.25 per $100 of assessed value. Taxes 25,117,390 41% Intergovernmental 21,349,767 35% Charges for Services 13,147,928 22% Fines & Forfeitures 633,017 1% Licenses & Permits 272,810 0% Investment Related Income 25,150 0% Other 548,873 1% Revenues by Category $99.0 Million City $56.3 Million Schools $42.7 Million

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