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items that will only result in cash flows in future fiscal periods (e.g. uncollected taxes and <br />earned but unused vacation leave). <br />Both of the government -wide financial statements distinguish functions of the City of <br />Roseville that are principally supported by taxes and intergovernmental revenues <br />(governmental activities) from other functions that are intended to recover all or a <br />significant portion of their costs through user fees and charges (business -type activities). <br />The governmental activities of the City of Roseville include general government, public <br />safety, public works, economic development, and recreation. The business -type activities <br />of the City of Roseville include water, sanitary sewer, golf, recycling and storm drainage. <br />The government -wide financial statements can be found on pages 26 -27 of this report. <br />Fund financial statements. A fund is a grouping of related accounts that is used to <br />maintain control over resources that have been segregated for specific activities or <br />objectives. The City of Roseville, like other state and local governments, uses fund <br />accounting to ensure and demonstrate compliance with finance- related legal <br />requirements. All of the funds of the City of Roseville can be divided into three <br />categories: governmental funds, proprietary funds, and fiduciary funds. <br />Governmental funds. Governmental funds are used to account for essentially the same <br />functions reported as governmental activities in the government -wide financial <br />statements. However, unlike the government -wide financial statements, governmental <br />fund financial statements focus on near -term inflows and outflows of spendable <br />resources, as well as on balances of spendable resources available at the end of the fiscal <br />year. Such information may be useful in evaluating a government's near -term financial <br />requirements. <br />Because the focus of governmental funds is narrower than that of the government -wide <br />financial statements, it is useful to compare the information presented for governmental <br />funds with similar information presented for governmental activities in the government - <br />wide financial statement. By doing so, readers may better understand the long -term <br />impact of the City's near term financial decisions. Both the governmental fund balance <br />sheet and governmental fund statement of revenues, expenditures, and change in fund <br />balances provide a reconciliation to facilitate this comparison between governmental <br />funds and governmental activities. <br />The City of Roseville maintains ten individual major governmental funds. Information is <br />presented separately in the governmental fund balance sheet and in the governmental <br />fund statement of revenues, expenditures, and changes in fund balances for the general <br />fund, two special revenue funds, two debt service funds, three capital funds, and two <br />permanent funds, all of which are considered to be major funds. Data from the other <br />seven governmental funds are combined into a single, aggregated presentation. <br />Individual fund data for each of these non -major governmental funds is provided in the <br />form of combining statements elsewhere in this report. <br />14 <br />