The City of Rome collected $33.57 million in total revenue in
1993. In 1997, the city received $41.90 million, an increase of
24.8%. Total revenue in 1997 equaled $1,356 per capita. The
statewide revenue per capita for this same year was $732.
From 1993 to 1997, own source revenues for Rome rose from $19.30
million to $23.37 million, an increase of 21.1%. Own source
revenues are all revenues except intergovernmental revenues and
enterprise funds. Per capita own source revenues amounted to
$756 in 1997. This compares to a statewide per capita amount of
$624.
Property tax revenues amounted to $5.72 million in 1993,
accounting for 29.6% of the city's own source revenue. In 1997,
property taxes accounted for 28.8% of own source revenue, with
$6.73 million collected.
Intergovernmental revenue includes money received from the
federal government, state government and other local
governments. In 1997, Rome received $5.37 million in
intergovernmental revenue, which accounted for 12.8% of total
revenues. The city received $3.60 million from federal sources,
$1.14 million from the state and $628,000 from other local
governments.
General operating expenditures for Rome in 1993 equaled $19.56
million, or $658 per capita. In 1997, general operating
expenditures declined by 14.4% to $16.74 million, which was $542
per capita. Statewide per capita general operating expenditures
amounted to $588 in 1997.
Historically, the top three expenditure categories for cities
are administration, highways and streets, and public safety. In
1997, the City of Rome spent $4.94 million on administration or
$160 per capita. For the same year, $2.00 million was spent on
highways and streets, or $65 per capita. Expenditures for public
safety include police services, fire services and jails. Rome
spent $7.04 million or $228 per capita in 1997 for public safety
services.
In 1993, the City of Rome issued a total of $13.54 million in
new debt, which could include revenue bonds, general obligation
bonds, capital leases, short-term debt and other long-term debt.
This represented $456 per capita. In 1997, Rome issued $11.01
million in debt, or $356 per capita. Cities often issue debt to
help finance large capital projects, such as buildings, roads,
parks and water/sewer systems. Given the nature of capital
projects, the amount of debt issued by a city can understandably
vary greatly from one year to the next.
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