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City of Roseville - 2007 Budget
<br />Community Development Fund
<br />The table below shows a 5 -year comparison of funding sources, uses, and changes in fund balance for
<br />the Community Development Fund.
<br />Funding Sources
<br />Licenses & Permits
<br />Charges for Services
<br />Interest Earnings
<br />Other Revenue
<br />Total Sources
<br />Funding Uses
<br />2003
<br />Actual
<br />$ 957,793
<br />171,470
<br />(32,323)
<br />20,219
<br />2004
<br />Actual
<br />$ 748,131
<br />25,327
<br />(2,164)
<br />38M78
<br />2005
<br />Actual
<br />$ 1,008,834
<br />40,916
<br />12,506
<br />24,386
<br />2006
<br />Budget
<br />$ 880,000
<br />10,000
<br />2007
<br />Bum
<br />$ 1,108,575
<br />10,000
<br />1,117,159 809,372 1,086,642 89000 1,118,575
<br />Personnel
<br />745,574
<br />783,571
<br />783,345
<br />946,500
<br />87500
<br />Supplies & Materials
<br />809
<br />14,134
<br />8,210
<br />22,010
<br />13,950
<br />Other Services & Charges
<br />332,946
<br />162,265
<br />191,405
<br />208,990
<br />212,025
<br />Capital Outlay
<br />13,442
<br />4
<br />-
<br />-
<br />1700
<br />Total Uses
<br />1,100,651
<br />959,974
<br />982,960
<br />1,177,500
<br />1,118,575
<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 />(169,857) (84) - 4500 -
<br />(4,477) - - -
<br />(169,857) (4,561) - 4500 -
<br />(153,349)
<br />341,937
<br />$ 188,588
<br />(155,163)
<br />188,588
<br />$ 33,425
<br />10302 (242,500) -
<br />33,425 137,107 (105,393)
<br />$ 137,107 $ (105,393) $ (105,393)
<br />Discussion Items
<br />During the period 2003-2007, the Community Development Fund realized a substantial fluctuation in
<br />overall activity which was indicative of changing market conditions for both housing and commercial
<br />development. It should be noted that the figures listed for 2006 reflect the original adopted budget.
<br />Preliminary estimates indicate that the actual fund balance will have grown in 2006.
<br />It is expected that beginning in 2008, development at several major areas will begin, which should
<br />stabilize the Fund's operations.
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