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City of Roseville — 2009 Budget General Fund The table below shows a 5 -year comparison of funding sources, uses, and changes in fund balance for the General Fund; the City's primary operating fund. Excess of Funding Sources Over (Under) Funding Uses Fund Balance - Jan 1 st Fund Balance - Dec 31 st (953,993) 4,194,152 $ 392409159 2,159,311 3,240,159 $ 593999470 (191819364) 5,399,470 $ 492189106 4,218,106 $ 492189106 4,218,106 $ 492189106 Discussion Items During the period 2005 -2009 overall funding sources for the City's General fund operations increased at an average of 8% annually. The City's tax levy increased substantially during this period. A portion of the increase was to offset the loss in homestead credit state -aid resulting from the State Legislature's decision to remove the homestead credit reimbursement to help finance the State's takeover of the general education (per pupil) funding. Beyond 2009, it is expected that the City's tax levy will need to increase at levels that are higher than expected inflation. This will be necessary to offset personnel - related costs and other inflationary impacts. 20 2005 2006 2007 2008 2009 Funding Sources Actual Actual Actual Buffet Buffet Property Taxes $ 694689383 $ 792449962 $ 795789944 $ 898549025 $ 899109360 Intergovernmental 8309390 8969118 194089823 8999000 9099000 Licenses & Permits 2899307 3229444 2869218 3029400 2829400 Charges for Services 9709824 191429105 191909422 8759000 9309000 Fines & Forfeits 1959814 2559585 2429630 2839000 2869000 Interest Earnings (639550) 1709368 1739533 2689825 2579360 Other Revenue 1629073 1589201 2789043 2709000 2789030 Total Sources 898539241 1091899783 1191589613 1197529250 1198539150 Funding Uses General Government 197299063 198609332 198979890 196799695 197169800 Police 497039179 590349595 591259277 595329855 599009845 Fire 193919802 196559159 198849197 196819825 196439130 Fire Relief 3509870 3489670 2509900 3009000 2079000 Public Works 197809147 199339040 290749778 294279875 293859375 Other - - - 1309000 - Total Uses 999559061 1098319796 1192339042 1197529250 1198539150 Other Sources (Uses) Transfer In (Out) 1479827 199739674 (2409000) - - Other - 8279650 (8669935) - - Total Other Sources (Uses) 1479827 298019324 (191069935) - - Excess of Funding Sources Over (Under) Funding Uses Fund Balance - Jan 1 st Fund Balance - Dec 31 st (953,993) 4,194,152 $ 392409159 2,159,311 3,240,159 $ 593999470 (191819364) 5,399,470 $ 492189106 4,218,106 $ 492189106 4,218,106 $ 492189106 Discussion Items During the period 2005 -2009 overall funding sources for the City's General fund operations increased at an average of 8% annually. The City's tax levy increased substantially during this period. A portion of the increase was to offset the loss in homestead credit state -aid resulting from the State Legislature's decision to remove the homestead credit reimbursement to help finance the State's takeover of the general education (per pupil) funding. Beyond 2009, it is expected that the City's tax levy will need to increase at levels that are higher than expected inflation. This will be necessary to offset personnel - related costs and other inflationary impacts. 20