DESCRIPTION  2004 ACTUAL  2005 BUDGET  2005 ACTUAL  2006 BUDGET
11/30
308.00.00 BEGINNING BALANCE        603,128.57        495,000.00        494,635.23        305,000.00
    REVENUE
Text Box: Taxes are those assessments levied for the support of the Town
TAXES
311.10.01 PROPERTY TAXES        314,443.60        340,000.00        322,573.29        363,000.00
1.0099 PER $1,000 ASSESSED VALUATION
313.10.00 SALES & USE TAX        868,190.53        950,000.00        910,321.98        800,000.00
313.71.00 SALES TAX CRIMINAL         43,100.96         45,000.00         42,451.82          40,000.00
314.52.00 WATER UTILITY TAX         45,198.49                     -                       -                       -  
314.54.00 SEWER UTILITY TAX         53,440.60                     -                       -                       -  
314.55.00 REFUSE UTILITY TAX         29,325.67                     -                       -                       -  
314.58.00 STORM WATER UTILITY TAX           9,032.48                     -                       -                       -  
317.20.00 LEASEHOLD TAX         53,933.84         55,000.00         45,515.15          50,000.00
TOTAL TAXES     1,416,666.17     1,390,000.00     1,320,862.24     1,253,000.00
Text Box: PROPERTY TAX: Initiative 747, passed in November 2001, limits the increase in the property tax levy to 1% more than the previous year plus new construction. Prior to the passage of this initiative the Town could increase its levy by 6% without a vote of its citizens. The Town's taxable assessed valuation for 2006 taxes is $337,490,657. SALES & USE TAX: The Town levies a 1% local retail sales tax on goods and services purchased within the Town limits. 15% of the sales tax collected by the Town is distributed to the County. 2004 & 2005 revenues include the sales tax collected on the construction of the new ferry dock. There are no major projects on the horizon. ADDITIONAL SALES TAX: The County levies an additional 2/10 of 1% sales tax within the Town for criminal justice and juvenile detention. The Town receives a portion of the criminal justice tax which is distributed on the basis of population after the County receives 10% of the revenue off the top. All of the funds collected for juvenile detention are distributed to the County. UTILITY TAX: For 14 years the Town levied a 3.9% tax on the revenue of its own utilities to provide financial support to the Street Fund. This levy was repealed January 1, 2005. LEASEHOLD TAX: The State levies a 12.84% tax on leases of property owned by a public entity. The Town receives 6% of the revenue generated in its limits by this tax. The majority of these funds are generated from leases, including moorage, held by the Port of Friday Harbor.
    REVENUE
Text Box: Licenses and permits are charges for the issuance of licenses and permits.
LICENSES & PERMITS
321.80.00 BUSINESS LICENSE PENALTY              840.00              600.00              630.00              300.00
321.90.00 BUSINESS LICENSES         26,564.50         27,500.00         27,506.50          26,500.00
321.91.00 CABLE TV FRANCHISE           9,755.01         10,000.00         10,003.89          10,000.00
322.10.00 BUILDING PERMITS        133,183.36        133,000.00        131,373.44        130,000.00
322.11.00 CLEARING/GRADING PERMITS              356.50              500.00           1,398.50              500.00
322.90.01 SIGN PERMITS           1,950.00           1,000.00           2,100.00           1,000.00
322.90.02 MOVING PERMITS              200.00              100.00              150.00              100.00
TOTAL LICENSES & PERMITS        172,849.37        172,700.00        173,162.33        168,400.00
Text Box: Licenses are usually required for regulatory purposes. Permits aid in the regulation of certain activities. BUSINESS LICENSES: The Town charges a $42.00 annual fee to conduct business within the Town limits. The number of businesses remain at about the same level. The Town business year begins July 1st. At the end of 2004 the Town had 639 active business licenses. BUILDING PERMITS: The Town collects fees for plan review and building permit processing. The amount of this fee is based on the assessed valuation of the project. 2004 permit collections included the ferry dock construction and a new commerical building. CABLE TV FRANCHISE TAX: The local cable company pays the Town 3% on the company's gross annual revenue generated within the Town limits. CLEARING & GRADING PERMITS: Permits are issued for clearing, grading or filling usually in conjunction with site development. The Town reviews the application to make sure the planned work does not restrict or change drainage, etc. The fee schedule is set in the State of Washington Uniform Building Code. SIGN PERMITS: The Town adopted the sign ordinance in 1989 to regulate the number, types and location of signs within the Town. A fee of $50 is charged to process sign applications.
    REVENUE
Text Box: Intergovernmental revenues are state entitlements, shared revenues, grants and payments of goods & services provided by one government to another.
INTERGOVERNMENTAL
334.01.31 FIRE TRAINING GRANT                     -             8,000.00           7,965.00              500.00
334.04.21 CTED PLANNING GRANT                     -             5,000.00           5,000.00                     -  
336.06.20 CRIMINAL JUSTICE           1,000.00           1,000.00           1,000.00           1,000.00
336.06.25 CRIMINAL JUSTICE CONTRACTED            2,240.63           2,500.00           2,654.36           2,500.00
336.06.26 CRIMINAL JUSTICE SPECIAL PROGRAMS           1,476.96           1,300.00           1,531.58           1,300.00
336.06.51  DUI               344.94              300.00              348.83              300.00
336.06.94 LIQUOR EXCISE TAX           8,044.85           8,100.00           8,531.70           8,450.00
3.93 PER CAPITA
336.06.95.01 LIQUOR PROFITS TAX         14,786.78         15,200.00         11,402.73          15,950.00
7.41 PER CAPITA                                                                                  
336.06.95.02 BORDER PATROL CONTACT           1,571.80           1,000.00           1,284.17           1,000.00
TOTAL INTERGOVERNMENTAL         29,465.96         42,400.00         39,718.37          31,000.00
Text Box: State Entitlements are moneys furnished by the State to local governments based on a distribution formula which is usually a per capita basis. Since the passage of Initiative 695, the Town Current Fund no longer receives any State Shared Revenues. CRIMINAL JUSTICE FUNDS: The State distributes funds to cities and towns to help pay for law enforcement programs. Prior to 2004, these funds were distributed through various application processes. State legislation changed the distribution of these funds to a per capita basis. LIQUOR EXCISE TAX AND PROFITS: Cities and Towns are responsible for policing liquor establishments located within their borders but are precluded from taxing them because of the State liquor monopoly. The State distributes a portion of the revenues back to local jurisdictions on a per capita basis to help defray policing costs. The Town must devote 2% of this revenue to substance abuse treatment programs. BORDER PATROL: Since the Town's watershed is within seven miles of the Canadian border, it receives funds from the State to help with law enforcement costs incurred by our neighboring visitors. Seven jurisdictions in the State receive these monies which come from a portion of the State's liquor profits. GRANTS: In 2005, the Washington State Fire Marshall's office provided reimbursement for those fire fighters training under the State's basic firefighter program. Also the Town received a grant from the State Department of Community, Trade & Economic Development (CTED) for aerial photos of the Town's Urban Growth Area (UGA).
 
    REVENUE Text Box: Charges for services are those fees and charges for professional services or other services rendered.
   
   
CHARGES FOR SERVICES
341.50.00 SALES OF MAPS, ETC.              112.65              100.00                85.45              100.00
341.60.01 DUPLICATION SERVICES              786.30              350.00              316.45              300.00
345.83.01 CONDITIONAL USE FEES           1,500.00           2,250.00           2,250.00              500.00
345.83.02 SUBSTANTIAL DEVELOPMENT           9,700.00           4,000.00           4,750.00           4,000.00
345.83.03 BOUNDARY LINE MODIFICATION           1,000.00           4,000.00           4,000.00           1,000.00
345.83.04 VARIANCE PERMIT FEE                     -             1,500.00           1,500.00              500.00
345.83.05 LAND DIVISION FEES                     -             1,500.00                     -             1,500.00
345.83.06 SHORT & REPLAT FEES           6,000.00           6,000.00           6,000.00           4,500.00
345.83.07 STREET VACATION FEES           1,000.00           1,000.00                     -             1,000.00
345.86.00 SEPA  FEES           1,050.00              750.00              750.00              750.00
TOTAL CHARGES FOR SERVICES         21,148.95         21,450.00         19,651.90          14,150.00
           
Text Box: In the Current Fund charges for services are the fees that accompany zoning, subdivision and land use applications. These fees are associated with growth and development. These revenues are based on activity.
  APPLICATION TYPE 2004 2003 2002 2001
  SEPA 4 5 7 14
  CONDITIONAL USE 7 2 1 2
  SUBSTANTIAL DEVELOPMENT 1 11 20 12
  PROPERTY LINE ADJUSTMENT 8 3 2 7
  VARIANCE 2 3 1 1
  SUBDIVISION 0 0 0 0
  PLAT 4 4 8 3
Text Box: Fines and forfeits are penalties imposed as a result of conviction for crimes or infractions.
Text Box: 2005 fines & forfeits through 10-31-05
    REVENUE
FINES & FORFEITURES
353.10.00 TRAFFIC INFRACTIONS           5,522.65           5,500.00           5,218.97           5,500.00
353.30.00 INSURANCE COSTS                71.49              100.00                98.23              100.00
353.70.00 OTHER INFRACTIONS           1,078.85           1,500.00           1,454.90              500.00
354.00.00 PARKING FINES         55,500.50         55,000.00         48,060.67          60,000.00
355.80.00 SCHOOL ZONE SAFETY                22.52              100.00                16.38              100.00
356.90.00 JIS ASSESSMENTS              611.59              500.00              755.10              500.00
359.90.01 TOWING FEES                     -                100.00                     -                100.00
359.90.02 DOG VIOLATIONS                     -                  50.00                     -                  50.00
TOTAL FINES & FORFEITS         62,807.60         62,850.00         55,604.25          66,850.00
         
   PARKING TICKETS   INFRACTION TICKETS 
   FILED   REVENUE   FILED   REVENUE 
2006 3000              60,000 100                6,000
2005 2332              38,076 72                6,038
2004 2956              55,500 103                7,309
2003 3279              49,163 70                6,278
2002 3363              68,506 117                5,655
2001 3591              72,498 109              10,447
2000 3607              69,019 138                9,981
1999 4281              69,374 133                9,339
1998 3452              58,955 88                8,262
1997 3511              54,776 84                8,645
1996 4027              54,332 166                8,479
Text Box: For the Town these fines are for parking violations and traffic infractions. The Town contracts with San Juan County District Court to process the Town's parking tickets and various infractions. Town policy is that the parking enforcement program "break even". Revenue generated from overtime parking infractions should cover the costs of the parking enforcement officers and San Juan County District Court's filing fees. In 2000 the cost of a parking ticket increased from $15.00 to $20.00 The price of a parking ticket increased to $22.00 in 2005.
    REVENUE
Text Box: Miscellaneous revenues is a catch all for those revenues not included in other categories.
MISCELLANEOUS
361.11.00 INVESTMENT INTEREST           8,320.98         15,000.00         13,959.23          16,500.00
361.40.00 OTHER INTEREST           1,237.09           1,500.00           2,017.56           1,800.00
367.00.00 DONATIONS                     -                  10.00                     -                  10.00
369.81.00 CASHIER'S OVERAGE                 5.87                     -                       -                       -  
369.40.00 OTHER JUDGMENTS           3,392.39                10.00              350.00                10.00
369.90.00 MISCELLANEOUS              419.94           4,000.00           4,197.83              500.00
369.90.01 POSTAGE              285.03                10.00                 2.00                10.00
TOTAL MISCELLANEOUS         13,661.30         20,530.00         20,526.62          18,830.00
Text Box: INVESTMENT INTEREST: The largest miscellaneous revenue is generated from investments. Interest income depends on money available to invest and current investment rates. The average annual interest rate in 2000 was 6.18% and generated over $35,000 in revenue for the Current Fund. The 2004 average interest was 1.32%. Through August 2005, the average rate has increased to 2.82% and has generated $8,838, over $5,200 more than the previous year. Interest income from the investment of "excess treasurer's cash" is deposited into the Current Fund. INTEREST SALES TAX: The Town also receives interest on the investment of sales tax revenue collected by the State which is invested by the State before distribution to the Town. DONATIONS: Occasionally the Town receives a monetary gift from an individual or group. MISCELLANEOUS: This classification accounts for monies such as NSF check fees, event permits, and prior year reimbursements. These revenues include capital credit refunds from the local electrical utility. In 2005 the Town received a rebate from its risk management provider. OTHER JUDGMENTS: The Town received a settlement from a court decided judgment in 2004.
    REVENUE
NON REVENUES
381.20.00 INTERFUND LOAN REPAYMENT         23,000.00           7,300.00           7,300.00                     -  
388.80.00 PRIOR YEAR REFUND                     -                  10.00                     -                  10.00
389.00.00 PRIOR YEARS' CANCELLED WARRANTS                     -                  10.00                     -                  10.00
TOTAL NON REVENUES         23,000.00           7,320.00           7,300.00                20.00
Text Box: Other resources are for the interfund transfer of money .
OTHER RESOURCES
                    -                       -                       -                       -  
TOTAL OTHER FINANCING RESOURCES                     -   <