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Fiscal Disparities — is a wealth-sharing tool, somewhat -unique to Minnesota that represents the portiol <br />of Commercial/Industrial property value added since 1974. This captured property value is sharieo <br />amongst municipalities within the Twin Cities Metropolitan Area. I <br />Fund Balance — represents the cumulative reserves (surplus monies) that have been realized within thli <br />City's general and special-purpose operations and are available for future appropriations. <br />A" el "th general <br />%.Yeneral Government — refers to those programs and serviccs that are asso 'ated W1 <br />oentralized City fimctions. They include, but are not limited to; Administration, Legal, Finance, <br />CH lections, and City Council expenditures. <br />Geographic Information Systems (GIS) — refers to the study of relationships between geographic <br />parcels or areas. It is primarily used in the Cfty"s Community Development Program. <br />Governmental Funds — refers to the fund group that is used to account for the City's generi <br />�iverations. These operations are normally supported by taxes and intergovernmental, revenues. E <br />Homestead Credit Aid — general purpose State aid designed to give property tax relief to homeowners. <br />The aid is provided to the City after a corresponding deduction is made to a homeowner's property tax <br />bill. <br />Housing & Redevelopment Authority (HRA) is a separate legal entity approved by the Council and <br />chargcd With finthering the various housing programs of the City. <br />Imagine Roseville 2025 (IR2025) — refers to the City's community-led, long-term visioning process. <br />The process was completed in early 2007 and will be used to guide policy, strategic, operational, and <br />budgeting decisions. <br />Inflation A -general measure of the change in prices an_V`or the costs of providing programs arzil <br />I <br />Femces. <br />Enfrastructure — Refers to City facilities, streets, parks, and utilities that have a useful life of at least teri <br />(10) years. <br />MIMI I i 1141VI i I i I I ill )i It at <br />Inter-fund Charges — Represent admffilstrative support charges that are assessed by internal service <br />fimctions against other city functions to more accurately represent the true cost of providing City <br />[��rograms and services., <br />Lntergovernmental Revenue — Includes Federal, State, or local monies received from other public <br />W.fities. <br />Joint Powers Agreements (JPA) - Agreements entered into by public entities that are mutually <br />beneficial. The JPA typically involves a contractual relafionship whereby one entity provides a service <br />to another in exchange for payment. <br />IU <br />