|
City of Roseville — 2004 Budget
<br />Budget Funding Sources
<br />The following graph and table summarizes the funding sources for the 2004 Budget.
<br />2004 Funding Sources
<br />o Property Taxes rm Special Assessments 0 Licenses & Permits
<br />0 Court Fines IM Intergovernmental Charges for Services
<br />Interest Earnings D Miscellaneous E Reserves
<br />Property Taxes
<br />$8,827,884
<br />$ 9,760,674
<br />$ 932,790
<br />10.6%
<br />Tax Increments
<br />2,635,470
<br />2,500,000
<br />(135,470)
<br />(5.1)%-,
<br />Special Assessments
<br />1,750,000
<br />820,000
<br />(930,000)
<br />(53.1)%
<br />Intergovernmental Rev.
<br />1,697,110
<br />1,556,800
<br />(140,310)
<br />(8.3)%
<br />Licenses & Permits
<br />1,927,500
<br />1,982,500
<br />55,000
<br />2.9%
<br />Charges for Services
<br />11,504,265
<br />M436J75
<br />(68,090)
<br />(0.6)%
<br />Fines & Forfeits
<br />222,400
<br />222,400
<br />-
<br />- %
<br />Interest Earnings
<br />2,025,700
<br />2,065,560
<br />39,860
<br />2.0%
<br />Other Revenues
<br />I A 1,460
<br />1,273,920
<br />(292,540)
<br />(18.7)%
<br />Use of Reserves
<br />2,368,436
<br />3,374,381
<br />1,005,945
<br />42.5%
<br />Total
<br />$ 33,960,225
<br />$ 34,992,410
<br />$ 1,032,185
<br />3.0
<br />Property Taxes include taxes levied against taxable property. The increase in property taxes is directly
<br />attributable to the voter - approved debt service costs and additional operating costs related to the
<br />expansion of City Hall and Public Works Facilities.
<br />Tax Increments include anticipated tax increments collected and remitted to developers as specified in
<br />TIF agreements. The decrease in TIF pay -as- you -go will result due to the termination of various
<br />developer agreements for which all city obligations have been met.
<br />9
<br />
|