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City of Roseville, Minnesota 2002 Budget <br />VEHICLE REPLACEMENT FUNDS <br />Fund: General Vehicle Replacement <br />Account Numbers: 400 - 055.000 <br />401 - 055.000 <br />Organizational Accountability: Finance Director <br />DEPARTMENTAL DESCRIPTION <br />The General Vehicle Replacement Fund provides for the <br />gathering of depreciation reserves from various non - enterprise <br />funds to provide financing for the purchase of heavy mobile <br />equipment and general governmental motor vehicles. <br />Depreciation charges are transferred to this fund from user <br />departments. These charges and the interest earned on those <br />balances are only use to replace current equipment. <br />Expenditures from this fund include police cars, which are <br />funded by an annual property tax allocation. The useful life or <br />a police car is relatively short and is not suited for a normal <br />depreciation program. <br />CITY RESOURCE INPUTS <br />EXPECTED CITY OUTCOMES <br />Strategic Outcomes: <br />Orderly replacement of vehicle <br />equipment without major property <br />tax swings <br />I qa - <br />IV48 <br />2002 STxATEGIC WORK <br />PLAN <br />Work with the departments and the <br />City Council to assure maximum <br />economic use is made of current <br />equipment <br />Keep management and the City <br />Council advised of the health of the <br />equipment department fund <br />2000 ACHIEVEMENTS <br />Ai Achieved an 89% level of funding <br />for accumulated depreciation in <br />2000. <br />Citizen Benefit /Impact: <br />•:� Up -to -date equipment for city <br />employees to complete their tasks <br />Added value to City services such as <br />street and park maintenance, police, <br />and fire vehicles <br />