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Funding Uses
<br />Personnel
<br />1,884,926
<br />2,015,126
<br />City of Roseville — 2007 Budget
<br />Recreation Fund
<br />2,158,155
<br />Supplies & Materials
<br />211,250
<br />The table below shows a 5 -year comparison
<br />of funding sources, uses, and changes in fund balance for
<br />the Recreation Fund.
<br />265,050
<br />Other Services & Charges
<br />816,923
<br />821,400
<br />2003
<br />2004
<br />2005 2006 2007
<br />Funding Sources
<br />Actual
<br />Actual
<br />Actual Budget Bum
<br />Property Taxes
<br />$ 1,127,615
<br />$ 1,202,815
<br />$ 1,388,625 $ 1,584,375 $ 1,677,450
<br />Charges for Services
<br />1,455,991
<br />1,400,578
<br />1,418,980 1,738,865 1,752,641
<br />Rentals
<br />30,197
<br />42,645
<br />51,134 - -
<br />Donations
<br />28,650
<br />36,706
<br />67,105 - -
<br />Interest Earnings
<br />7,599
<br />12,477
<br />6,284 4,925 -
<br />Other Revenue
<br />80,65 8
<br />66,128
<br />86,117 - 6,324
<br />Total Sources
<br />2,730,710
<br />2,761,349
<br />3,018,245 3,328,165 3,436,415
<br />Funding Uses
<br />Personnel
<br />1,884,926
<br />2,015,126
<br />1,984,166
<br />2,077,435
<br />2,158,155
<br />Supplies & Materials
<br />211,250
<br />241,974
<br />243,750
<br />259,750
<br />265,050
<br />Other Services & Charges
<br />816,923
<br />821,400
<br />775,132
<br />922,480
<br />1,010,710
<br />Capital Outlay
<br />77,831
<br />2%398
<br />12,437
<br />68,500
<br />2,500
<br />Total Uses
<br />2,990,930
<br />3,107,898
<br />3,015,485
<br />3,328,165
<br />3,436,415
<br />Other Sources (Uses)
<br />Transfer In (Out)
<br />Other
<br />Total Other Sources (Uses)
<br />Excess of Funding Sources
<br />Over (Under) Funding
<br />Uses
<br />Fund Balance - Jan 1 st
<br />Fund Balance - Dec 31 st
<br />Discussion Items
<br />261M10 1,479,393 - - -
<br />(4,023) - - -
<br />261M10 1,475,370 - - -
<br />790 1,128,821 2,760 -
<br />(1,139,465) (1,138,675) (9,854) (7,094)
<br />$ (1,138,675) $ (9,854) $ (7,094) $ (7,094)
<br />(7,094)
<br />$ (7,094)
<br />From 2003 -2007, the City's Recreation Fund realized a steady increase in revenues at approximately 7%
<br />annually. This was largely due to a significant increase in the portion of the property tax dedicated for
<br />parks and recreation activities. Prior year financials clearly indicated that current service levels could
<br />not be maintained by user charges alone. User charges have increased at approximately 4% per year
<br />keeping pace with inflation and activity levels.
<br />During this same period, operating expenses increased at approximately 3% annually. This reflected a
<br />dedicated effort to find new cost efficiencies and eliminate some smaller programs that were
<br />underutilized.
<br />It is expected that future revenues and expenditures will increase at a commensurate level to account for
<br />activity levels and operating costs. The Recreation Fund had experienced recurring operating deficits
<br />during the late 1990's and early 2000's. Beginning in 2003, the City adopted a more conservative
<br />revenue forecast methodology that has more accurately represented the Fund's financial activities. In
<br />late 2004, citing the revised methodology and economic realities, the City Council agreed to transfer
<br />monies in from other parks and recreation - related funds to erase the accumulated deficit.
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