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City of Roseville — 2010 Budget With the exception of the City's TIF Districts, Fund balance levels are expected to remain unchanged in future fiscal years. However, it is recognized that changing priorities and unforeseen events may require the use of City reserves. Proprietary Funds The table below shows a 5 -year comparison of funding sources, uses, and changes in fund balance for all proprietary funds, which includes Sanitary Sewer, Water, Storm Sewer, Recycling, and the Golf Course. Discussion Items Proprietary funds receive most of their funding from user fees. Funding sources for the City's Proprietary operations remain stable as the City's water and sewer customers continue their strong presence. A significant portion of the revenues and expenditures are related to water consumption, which in turn is heavily correlated with weather conditions. This can cause significant fluctuations in water purchases and subsequent wastewater treatment charges. These expenditures are included in the `Other Services & Charges' category. Independent of weather impacts and water consumption, the City expects spending in its proprietary operations to increase somewhat higher than inflation in the next few years reflecting a comprehensive plan to begin upgrading its water distribution and sanitary sewer collection systems. Net assets of the City's proprietary operations are expected to remain fairly steady over the next couple of years. 19 2006 2007 2008 2009 2010 Funding Sources Actual Actual Actual Buffet Buffet Net Sales of Merchandise $ 99213 $ 119153 $ 99703 $ - $ - User Charges 893529987 898629154 992239601 1096019307 1097639090 Other Revenue 959860 1249274 1589405 1649500 1549500 Total Sources 894589060 899979581 993919709 1097659807 1099179590 Funding Uses Personal Services 192089111 191879367 191939620 193739350 194239150 Supplies & Maintenance 1659739 1789659 2089905 1859950 1999250 Other Services & Charges 790089737 793379991 797869538 891789475 895599225 Depreciation 7129631 6959183 7169970 8489000 8439000 Total Uses 990959218 993999200 999069033 1095859775 1190249625 Other Sources (Uses) Interest Earnings 1779813 3569442 2579409 1609000 1609000 Sale of Assets - - - - - Grants / Other 649216 639861 669661 - - Transfer In (out) - - (259000) - - Total Other Sources (Uses) 2429029 4209303 2999070 1609000 1609000 Excess of Funding Sources Over (Under) Funding Uses (3959129) 189684 (2159254) 3409032 529965 Net Assets - Jan 1st 2595239825 2591289696 2591479380 2498989041 2592389073 Prior Period Adjustment - - (349085) - - Net Assets - Dec 31 st $ 2591289696 $ 2591479380 $ 2498989041 $ 2592389073 $ 2592919038 Discussion Items Proprietary funds receive most of their funding from user fees. Funding sources for the City's Proprietary operations remain stable as the City's water and sewer customers continue their strong presence. A significant portion of the revenues and expenditures are related to water consumption, which in turn is heavily correlated with weather conditions. This can cause significant fluctuations in water purchases and subsequent wastewater treatment charges. These expenditures are included in the `Other Services & Charges' category. Independent of weather impacts and water consumption, the City expects spending in its proprietary operations to increase somewhat higher than inflation in the next few years reflecting a comprehensive plan to begin upgrading its water distribution and sanitary sewer collection systems. Net assets of the City's proprietary operations are expected to remain fairly steady over the next couple of years. 19