Birmingham expects to earn $58 million in total revenus for 2011-12, and $53.9 million in operating revenues. This is down 4.1 percent from 2010-11, primarily because of a 4.7 percent decrease in tax revenue and 67 percent decrease in "Other Revenue." In addition, property values are expected to drop by 5 percent in 2011-12
City revenue sources, as a percentage of the total revenue:
| 2010-11 | 2011-12 | |
| Taxes | 47% | 47% |
| License Permits | 2% | 3% |
| Intergovernmental Revenus | 5% | 5% |
| Charges for Services | 32% | 34% |
| Fines & Forfeitures | 2% | 2% |
| Investment Interest | 2% | 1% |
| Contributions from Other Funds | 7% | 7% |
| Other Revenues | 3% | 1% |
General Fund revenue sources:
|
General Fund Revenue 2010-11 |
% of total fund 2010-11 |
General Fund Revenue |
% of total fund 2011-12 |
|
| Property Taxes | $19.4 million | 73% | $18.2 million | 72% |
| Licenses & Permits | $1.3 million | 5% | $1.7 million | 6.7% |
| Fines & Forfeitures | $1.3 million | 4.7% | $1.1 million | 4.4% |
| Charges for Services | $2.1 million | 8% | $2.2 million | 8.8% |
| Intergovernmental (revenue sharing) |
$1.5 million | 5.6% | $1.3 million | 5.7% |
| Interest & Rent |
$391,100 | 1.5% | $312,500 | 1.2% |
| Other Revenue & Contributions | $248,790 | 0.94% | $297,190 | 1.2% |
