Table 4 2007 2008 2009 2010 Revenues Taxes $7,329,910 $7,811,887 $10,374,018 $9,116,020 Intergovernmental 1,602,176 1,994,694 1,850,392 1,817,076 Licenses and Permits 537,137 837,933 560,550 349,367 Fines, Forfeitures and Penalties 126,490 132,084 128,043 128,648 Public Charges for Services 455,702 605,924 435,799 436,416 Intergovernmental Charges for Serivces 52,214 53,412 52,388 53,513 Special Assessments 34,303 125,988 114,176 151,664 Investment Income 1,015,814 579,175 207,009 153,383 Miscellaneous Revenues 673,517 3,300,103 562,525 618,819 Total Revenues $11,827,263 $15,441,200 $14,284,900 $12,824,906 Expenditures by Function General Government $845,376 $932,041 $999,338 $991,421 Public Safety 3,562,378 3,568,300 3,742,891 3,804,990 Public Works 5,190,572 2,827,722 2,428,848 2,484,252 Community Enrichment Services 1,303,740 1,288,536 1,271,073 1,331,802 Conservation and Development 1,485,639 5,165,763 409,349 501,198 Capital Outlays 4,006,478 2,465,738 6,818,501 4,776,479 Debt Service Principal Retirement 1,665,865 1,880,896 2,629,287 2,807,678 Interest 1,681,307 1,719,210 1,827,165 1,896,685 Fiscal Charges 92,429 42,369 137,968 17,750 Total Expenditures by Function $19,833,784 $19,890,575 $20,264,420 $18,612,255 Excess of Revenues Over (under) Expenditures (8,006,521) (4,449,375) (5,979,520) (5,787,349) Other Financing Sources (Uses) Bond proceeds and Debt Premiums 4,052,480 4,855,000 10,739,126 835,000 Payment to Refund Debt - - (6,190,000) - Proceeds from Sale of Capital Assets 47,997 80,588 1,285,408 14,173 Transfers in 2,668,869 2,889,852 3,980,176 5,142,685 Transfers out (2,604,740) (2,829,639) (3,703,664) (4,872,472) Total Other Financing Sources $4,164,606 $4,995,801 $6,111,046 $1,119,386 Special Item - Contribution of Fire Department Assets - - - - Net Change in Fund Balances ($3,841,915) $546,426 $131,526 ($4,667,963) Debt Service as a percentage of non-capital outlay expenditures 21.89% 22.72% 20.90% 34.17% Data Source: Audited Financial Statements VILLAGE OF GRAFTON, WISCONSIN CHANGE IN FUND BALANCES, GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS 138