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City of Roseville - 2008 Budget
<br />General Fund
<br />The table below shows a 5 -year comparison of funding sources, uses, and changes in fund balance for
<br />the General Fund; the City's primary operating fund.
<br />Funding Sources
<br />Property Taxes
<br />Intergovernmental
<br />Licenses & Permits
<br />Charges for Services
<br />Fines & Forfeits
<br />Interest Earnings
<br />Other Revenue
<br />Total Sources
<br />Funding Uses
<br />General Government
<br />2004
<br />2005
<br />2006
<br />2007
<br />2008
<br />Actual
<br />Actual
<br />Actual
<br />Buffet
<br />Buffet
<br />$ 5,980,478
<br />$ 6,468,383
<br />$ 7,244,962
<br />$ 702,370
<br />$ 8,854,025
<br />825,190
<br />83 0,3 90
<br />896,118
<br />93500
<br />89900
<br />24702
<br />289,307
<br />322,444
<br />312,500
<br />302,400
<br />1,009,498
<br />970,824
<br />1,142,105
<br />90000
<br />87500
<br />147,140
<br />195,814
<br />255,585
<br />215,020
<br />28300
<br />(154,202)
<br />(63,550)
<br />170,368
<br />304,989
<br />268,825
<br />71,162
<br />162,073
<br />158,201
<br />25000
<br />27000
<br />8,126,948
<br />8,853,241
<br />10,189,783
<br />10,799,879
<br />11,752,250
<br />1,675,630
<br />1,729,063
<br />1,860,332
<br />1,547,795
<br />1,679,695
<br />Police
<br />4,616,709
<br />4,703,179
<br />5,034,595
<br />509,960
<br />5,532,855
<br />Fire
<br />1,214,719
<br />1,39102
<br />1,655,159
<br />1 A 1,240
<br />1 A 1,825
<br />Fire Relief
<br />449,870
<br />350,870
<br />348,670
<br />348,670
<br />30000
<br />Public Works
<br />1,709,263
<br />1,780,147
<br />1,933,040
<br />2,274,065
<br />2,427,875
<br />Other
<br />72,848
<br />-
<br />-
<br />58,149
<br />8000
<br />Total Uses
<br />9,739,039
<br />9,955,061
<br />10,831,796
<br />10,799,879
<br />11,702,250
<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 />137,195 147,827 1,973,674 - -
<br />(81,390) - 827,650 - -
<br />5505 147,827 2,801,324 - -
<br />(1,556,286) (953,993) 2,159,311 - 5000
<br />5,750,438 4,194,152 3,240,159 5,399,470 5,399,470
<br />$ 4,194,152 $ 3,240,159 $ 5,399,470 $ 5,399,470 $ 5,449,470
<br />During the period 2004 -2008 overall funding sources for the City's General fund operations increased at
<br />an average of 8% annually. The City's tax levy increased substantially during this period. A portion of
<br />the increase was to offset the loss in homestead credit state -aid resulting from the State Legislature's
<br />decision to remove the homestead credit reimbursement to help finance the State's takeover of the
<br />general education (per pupil) funding. In 2004, the tax levy was increased to accommodate new debt
<br />service on voter - approved bonds issued the previous year.
<br />Beyond 2008, it is expected that the City's tax levy will need to increase at levels that are slightly higher
<br />than expected inflation. This will be necessary to offset personnel - related costs.
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