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City of Roseville, Minnesota <br />DEPARTMENTAL DESCRIPTION <br />2002 Budget <br />GENERAL OBLIGATION TAX <br />INCREMENT DEBT SERVICE <br />Fund: General Obligation Tax Increment Debt Service <br />Account Number: 390 - 000.000 <br />Organizational Accountability: Finance Director <br />This Department provides for the recording the receipt of tax <br />increments and the payment of outstanding bond and interest <br />payments on the City's Tax Increment Bonds: Series 1995 and <br />the Refunding Series 1998 <br />CITY RESOURCE INPUTS <br />EXPECTED CITY OUTCOMES <br />Strategic Outcomes: <br />Avoid issuing additional tax <br />increment debt <br />IV47 <br />2002 STxATEGIC WORK <br />PLAN <br />Implement a call of series 95 bonds <br />To prepare the financial plan for <br />series 98 call in 2001. <br />2000 ACHIEVEMENTS <br />Ai Continued a pay down of tax <br />increment general obligation debt <br />Citizen Benefit /Impact: <br />•:� Tax increment funding has created in <br />excess of $175,000,000 of estimated <br />market value in the community <br />