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City of Roseville — 2012 Budget <br />Operating Budget Policy <br />Purpose <br />The purpose of the City's Operating Budget Policy is to ensure that the City's annual operating <br />expenditures are based on a stable stream of revenues. The policies are designed to encourage a <br />long -term perspective to avoid pursuing short -term benefits at the expense of future impacts. The intent <br />of this policy is to enable a sustainable level of services, expenditures, and property tax levies. <br />Scope <br />This policy applies most critically to those programs funded through the property tax, as fluctuations in <br />this revenue source can have substantial impacts. <br />Polic <br />❑ The City will pay for all current expenditures with current revenues. The City will avoid <br />budgetary procedures that balance current expenditures at the expense of meeting future years' <br />expenses. Specifically, accruing future year's revenues shall be prohibited. Practices to be <br />avoided include postponing expenditures, rolling over short -term debt, and using reserves to <br />balance the operating budget <br />❑ The operating budget will provide for adequate maintenance of capital plant and equipment, <br />and for their orderly replacement. <br />❑ A proportionate share of the administrative and general government costs incurred by the <br />general operating fund of the City shall be borne by all funds as is practicable. Such <br />administrative charges shall be predetermined and budgeted annually <br />❑ New programs or proposals shall be reviewed in detail by City staff and both a policy and fiscal <br />analysis shall be prepared prior to budgetary inclusion, and provided to the City Council for 4S <br />review <br />❑ A request for a program or service expansion or reduction must be supported by an analysis of <br />public policy implications of the change <br />❑ A request for new personnel must be supported by an analysis demonstrating the need for the <br />position based on workload measures, comparative staffing levels, and City and department <br />priorities <br />❑ A request for purchase of new (additional) capital equipment must be supported by an analysis <br />demonstrating that the value of the benefits of the equipment is greater than the cost of the <br />equipment over its expected life <br />❑ As specified under City Code section 103.05 all general purchases and /or contracts in excess of <br />$5,000 must be separately approved by the Council <br />100 <br />