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City of Roseville — 2007 Budget
<br />Budget Funding Sources
<br />The following graph and table summarizes the funding sources for the 2007 Budget.
<br />2007 Funding Sources
<br />• Property Taxes E3 Special Assessments 0 Licenses & Permits
<br />• Court Fines 0 Intergovernmental 0 Charges for Services
<br />Interest Earnings 0 Miscellaneous E Reserves
<br />Property Taxes
<br />$ 11,169,865
<br />$ 11,696,360 1
<br />$ 526,495 1 4.7%1
<br />Tax Increments
<br />60000
<br />2,170,250
<br />90000
<br />331,130
<br />30000
<br />50.0%
<br />Sbecial Assessments
<br />500,000
<br />176,304
<br />150,000
<br />(350,000)
<br />(70.0) %
<br />Intergovernmental Rev.
<br />2,221,560
<br />L384JO2
<br />(837,458)
<br />(37.7)%
<br />Licenses & Permits
<br />2,170,250
<br />2,501,380
<br />331,130
<br />15.3%
<br />Charges for Services
<br />12,277,195
<br />12,453,499
<br />176,304
<br />1.4
<br />Fines & Forfeits 215,020 215,020 - 0.0%
<br />Interest Earninsas 1,3 91,695 1,161,489 (23 0,206) (16.5) %
<br />Other Revenues
<br />940,895
<br />927,464
<br />(13,430)
<br />(1.4)%
<br />Use of Reserves *
<br />1,638,710
<br />1,259,485
<br />(379,225)
<br />(23.0)%
<br />Total 1 $ 33,125,190 1 $ 32,648,799 1 $ (476,391) 1 (1.4)%J
<br />* The 2007 Budget includes approximately $1.2 million in planned spending from capital replacement funds
<br />Property Taxes include taxes levied against taxable property. The increase in property taxes will offset
<br />spending increases for inflation and healthcare, and help fund new initiatives.
<br />Tax Increments include anticipated tax increments collected and remitted to developers as specified in
<br />TIF agreements. The increase in TIF pay -as- you -go will result due to the added value created within
<br />existing TIF districts.
<br />Special Assessments include assessments levied against benefiting properties for various infrastructure
<br />improvements. A decrease is expected as many prepaid assessments have been realized in the past few
<br />years, allowing the City to retire public improvement debt several years early.
<br />Intergovernmental Revenues include state aids, and monies received under joint powers agreements.
<br />The decrease is expected due to reduced construction of MSA- related streets.
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