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City of Roseville — 2012 Budget The City's special purpose operations account for a variety of stand -alone functions including the City's License Center and Information Technology (IT) Support areas. As noted above, the License Center continues to experience relative stability despite a challenging economic environment. The IT area has seen substantial growth in recent years as the City has not only emphasized greater investment in IT for its own needs, but it also provides IT support services for 25 area municipalities and other governmental agencies. The City expects these IT partnerships to continue in future years. The City's debt service payment have remained fairly steady over the past 5 years, but is expected to increase significantly in 2013 due to planned bond issuance for a new fire station and park renewal program. From 2008 -2012, fund balance in the governmental funds has remained relatively unchanged other than fluctuations related to the City's Tax Increment Financing (TIF) Districts. Many of these districts have been closed in recent years requiring the City to return any surplus monies. 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. Funding Sources Net Sales of Merchandise User Charges Other Revenue Total Sources Funding Uses 2008 2009 2010 2011 2012 Actual Actual Actual Budget Budget 91703 51996 101256 - 9,223,601 916231942 915641067 1112401065 1412531 507 1581405 701578 7181550 1941000 1941 600 913911709 917001516 1012921873 1114341065 1414481 107 Personal Services 111931620 112971475 114311313 114731562 115131865 Supplies &Maintenance 2081905 1731097 2101233 2071050 2221852 Other Services &Charges 717861538 813251192 719741076 819571175 912831710 Depreciation 7161970 7881851 8111784 8801000 113401000 Total Uses 919061033 1015841615 1014271406 1115171787 1213601427 Other Sources (Uses) Interest Earnings 2571409 1351664 1761315 1791000 1541000 Sale of Assets - - (69,299) - - Grants /Other 661661 751349 3901963 - - Transfer In (out) (25,000) (25,000) (25,000) - - Total Other Sources (Uses) 2991070 1861013 4721979 1791000 1541000 Excess of Funding Sources Over (Under) Funding Uses (215,254) (698,086) 3381446 951278 212411 Net Assets -Jan 1st Prior Period Adjustment Net Assets -Dec 31st 25,147,3 80 2418981041 2411991955 24,53 8,401 2416331679 (34,085) - - - - $24,898,041 $2411991955 $2415381401 $2416331679 $2618751 359 19 680 Net Assets -Jan 1st Prior Period Adjustment Net Assets -Dec 31st 25,147,3 80 2418981041 2411991955 24,53 8,401 2416331679 (34,085) - - - - $24,898,041 $2411991955 $2415381401 $2416331679 $2618751 359 19