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City of Roseville — 2010 Budget <br />Community Development Fund <br />The table below shows a 5 -year comparison of funding sources, uses, and changes in fund balance for <br />the Community Development Fund. <br />Funding Sources <br />Licenses & Permits <br />Charges for Services <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 />$ 191379555 <br />$ 9409192 <br />$ 190369575 <br />$ 191019575 <br />$ 191759000 <br />39626 <br />19307 <br />659000 <br />- <br />- <br />34,095 <br />249113 <br />109000 <br />109000 <br />159295 <br />269096 <br />559755 <br />- <br />- <br />709000 <br />192019372 190219367 191119575 191119575 192609295 <br />Funding Uses <br />Personnel 7849944 8309297 9069000 9069000 190179940 <br />Supplies & Materials 119856 129881 139850 139850 149750 <br />Other Services & Charges 1959673 2589770 3659395 3659395 2199855 <br />Capital Outlay 29377 19436 179000 179000 79750 <br />Total Uses 9949850 191039384 193029245 193029245 192609295 <br />Other Sources (Uses) <br />Transfer In (Out) (600) - - - - <br />Other - - - - - <br />Total Other Sources (Uses) (600) - - - - <br />Excess of Funding Sources <br />Over (Under) Funding Uses 2059922 (829017) (1909670) (1909670) - <br />Fund Balance - Jan 1st 1379107 3439029 2619012 709342 (1209328) <br />Fund Balance - Dec 31st $ 3439029 $ 2619012 $ 709342 $ (1209328) $ (1209328) <br />Discussion Items <br />During the period 2006 -2010, the Community Development Fund realized some fluctuation in overall <br />activity which was indicative of changing market conditions for both housing and commercial <br />development. It is expected that beginning in late 2009 and continuing into 2010, development at <br />several major areas will take place, which should stabilize the Fund's operations. <br />Staffing levels increased in the past couple of years reflecting the City's broader commitment to <br />Housing Programs. The Roseville HRA reimburses the City for a portion of the personnel costs shown <br />above. <br />Although not shown above, preliminary 2009 financial were stronger than projected, which provided for <br />a positive fund balance. This should allow the City to continue planned Community Development <br />activities in 2010 without resorting to any internal borrowing or significant operational changes. <br />23 <br />