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'The City's overall debt service payments will decrease in 2003. This- resulted in large part to the <br />early retirement of debt in 2001 and 2002. It is anticipated that the City's debt service payments <br />will increase in 2004 - the result of a voter - approved referendum and subsequent bond issue, to <br />finance improvements to City facilities. Additional information on the City's debt can be found <br />in Section 3. <br />The remaining portions of this budget document provide greater detail on the funding sources <br />and uses. We sincerely hope that all interested parties will find this document useful in <br />evaluating the City's programs and services. Supplemental information can be obtained from the <br />City's Finance Department. <br />We would like -to express our thanks to all City Staff for their hard work and cooperation in <br />preparing this budget. We would also like to express our appreciation for the guidance and <br />direction provided by the City Council over the past year. Finally, it is an honor to serve the <br />citizens of Roseville, whose trust and support are essential in fulfilling the promises embedded in <br />this budget. <br />Respectfully submitted, <br />77zd Z-z� <br />Neal Efeets <br />City Manager <br />AA <br />Christopher K. Miller <br />Finance Director <br />R <br />