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City of Roseville — 2010 Budget <br />Recreation Fund <br />The table below shows a 5 -year comparison of funding sources, uses, and changes in fund balance for <br />the Recreation Fund. <br />Funding Sources <br />Property Taxes <br />Charges for Services <br />Rentals <br />Donations <br />Interest Earnings <br />Other Revenue <br />Total Sources <br />2006 <br />2007 <br />2008 <br />2009 <br />2010 <br />Actual <br />Actual <br />Actual <br />Budget <br />BB uB <br />$ 195159555 <br />$ 196129878 <br />$ 197029654 $ <br />198589500 <br />$ 198289560 <br />196109987 <br />196329153 <br />195649056 <br />198859045 <br />198549440 <br />719329 <br />599332 <br />679579 <br />- <br />- <br />27,977 <br />789543 <br />509367 <br />- <br />- <br />199141 <br />169780 <br />179657 <br />- <br />- <br />80,536 <br />1289897 <br />1049161 <br />69500 <br />69500 <br />393259525 395289583 395069474 397509045 396899500 <br />Funding Uses <br />Personnel 290729255 291899110 292659146 294079680 293179775 <br />Supplies & Materials 2499999 2539501 2639740 2649745 2779675 <br />Other Services & Charges 9059413 190179869 190409812 190619485 190779915 <br />Capital Outlay 1319150 499611 419164 169135 169135 <br />Total Uses 393589817 395109091 396109862 397509045 396899500 <br />Other Sources (Uses) <br />Transfer In (Out) 969100 4289729 - - - <br />Other - - - - - <br />Total Other Sources (Uses) 969100 4289729 - - - <br />Excess of Funding Sources <br />Over (Under) Funding Uses 629808 4479221 (1049388) - - <br />Fund Balance - Jan 1st (79094) 559714 5029935 3989547 3989547 <br />Fund Balance - Dec 31st $ 559714 $ 5029935 $ 3989547 $ 3989547 $ 3989547 <br />Discussion Items <br />From 2006 -2010, the City's Recreation Fund realized a steady increase in revenues at approximately 3% <br />annually. This was somewhat due to a significant increase in the portion of the property tax dedicated <br />for parks and recreation activities. Prior year financials clearly indicated that current service levels <br />could not be maintained by user charges alone. User charges have increased at approximately 4% per <br />year keeping pace with inflation and activity levels. <br />During this same period, operating expenses increased at approximately 2% annually — or less than the <br />growth in revenues. This reflected a dedicated effort to find new cost efficiencies. <br />It is expected that future revenues and expenditures will increase at a commensurate level to account for <br />activity levels and operating costs. In late 2007, the City Council agreed to transfer monies from the <br />City's Taxpayer Reduction Fund — a separately held permanent fund that was discontinued in 2006. <br />This provided a one -time increase in Fund Balance for the Recreation Fund. <br />22 <br />