Page 16 - PAFR 2023

The City Revenues and Expenses

Revenue by Source—Government Activities • The majority of the City of Post Falls’ governmental activities’

revenue is received from property tax (28.5 percent) with other
taxes following at (17.3 percent).

• When all taxes are added together, they make up 45.8 percent
of the budget.

• When revenues are compared to expenses, it shows that just
one of the City of Post Falls’ programs are self-supporting. They all
require tax support to continue at their current level of service.
• Grants and contributions are primarily received by public safety
and public works. These grants normally have matching
requirements by the City yet allow programs and projects that
may not happen without those additional funds. The City
currently runs a domestic violence program that was significantly
funded through federal grants each year, until the grants expired.
Council has committed to funding the program in full.

For the most part, increases in expenses were due
to inflation, supply chain issues, and growth in the
demand for services. No significant transactions
occurred outside of the Major funds for FY 2023.
No significant losses received during the year
while building permit revenue, state shared
revenues, motor vehicle revenues, and liquor
taxes has increased significantly during FY 2023.
Post Falls continues to experience development of
residential and multi-family. Property taxes are the
largest individual revenue stream for the general
fund at $13.8 million. However, state shared
revenues which includes sales taxes were $8.4
million during fiscal year 2023.

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