2009 Approved Budget - Laserfiche WebLink

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Funding Uses Personnel 199849166 290729255 291899110 292189080 294079680 Supplies & Materials 2439750 2499999 2539501 2629290 2649745 Other Services & Charges 7759132 9059413 190179869 190499675 190619485 Capital Outlay 129437 1319150 499611 449000 169135 Total Uses 390159485 393589817 395109091 395749045 397509045 Other Sources (Uses) Transfer In (Out) - 969100 4289729 - - Other - - - - - Total Other Sources (Uses) - 969100 4289729 - - Excess of Funding Sources Over (Under) Funding Uses 29760 629808 4479221 - - Fund Balance - Jan 1st (99854) (79094) 559714 5029935 5029935 Fund Balance - Dec 31st $ (79094) $ 559714 $ 5029935 $ 5029935 $ 5029935 Discussion Items From 2005 -2009, the City's Recreation Fund realized a steady increase in revenues at approximately 6% annually. This was somewhat due to a significant increase in the portion of the property tax dedicated for parks and recreation activities. Prior year financials clearly indicated that current service levels could not be maintained by user charges alone. User charges have increased at approximately 8% per year keeping pace with inflation and activity levels. During this same period, operating expenses increased at approximately 6% annually — or less than the growth in revenues. This reflected a dedicated effort to find new cost efficiencies. It is expected that future revenues and expenditures will increase at a commensurate level to account for activity levels and operating costs. In late 2007, the City Council agreed to transfer monies from the City's Taxpayer Reduction Fund — a separately held permanent fund that was discontinued in 2006. 22 City of Roseville — 2009 Budget Recreation Fund The table below shows a 5 -year comparison of funding sources, uses, and changes in fund balance for the Recreation Fund. 2005 2006 2007 2008 2009 Funding Sources Actual Actual Actual Buffet Buffet Property Taxes $ 193889625 $ 195159555 $ 196129878 $ 197879335 $ 198589500 Charges for Services 194189980 196109987 196329153 197859270 198859045 Rentals 519134 719329 599332 - - Donations 679105 279977 789543 - - Interest Earnings 69284 199141 169780 - - Other Revenue 869117 809536 1289897 19440 69500 Total Sources 390189245 393259525 395289583 395749045 397509045 Funding Uses Personnel 199849166 290729255 291899110 292189080 294079680 Supplies & Materials 2439750 2499999 2539501 2629290 2649745 Other Services & Charges 7759132 9059413 190179869 190499675 190619485 Capital Outlay 129437 1319150 499611 449000 169135 Total Uses 390159485 393589817 395109091 395749045 397509045 Other Sources (Uses) Transfer In (Out) - 969100 4289729 - - Other - - - - - Total Other Sources (Uses) - 969100 4289729 - - Excess of Funding Sources Over (Under) Funding Uses 29760 629808 4479221 - - Fund Balance - Jan 1st (99854) (79094) 559714 5029935 5029935 Fund Balance - Dec 31st $ (79094) $ 559714 $ 5029935 $ 5029935 $ 5029935 Discussion Items From 2005 -2009, the City's Recreation Fund realized a steady increase in revenues at approximately 6% annually. This was somewhat due to a significant increase in the portion of the property tax dedicated for parks and recreation activities. Prior year financials clearly indicated that current service levels could not be maintained by user charges alone. User charges have increased at approximately 8% per year keeping pace with inflation and activity levels. During this same period, operating expenses increased at approximately 6% annually — or less than the growth in revenues. This reflected a dedicated effort to find new cost efficiencies. It is expected that future revenues and expenditures will increase at a commensurate level to account for activity levels and operating costs. In late 2007, the City Council agreed to transfer monies from the City's Taxpayer Reduction Fund — a separately held permanent fund that was discontinued in 2006. 22