2012_1119_Packet - Laserfiche WebLink

Home

Page 7 of 10 Of the $810,000 total increase in annual funding fo r Park Facilities and PIP over that 5-year 236 period, about 20% is from additional propert y tax levy funding and about 80% is from 237 repurposing existing prop erty tax levy funds. 238 239 240 Skating Center Facilities . Skating Center Facilities had been generally repaired, refurbished, or 241 replaced through Park Facilities capital funding. However, due to the multi-purpose nature of 242 the Skating Center, its funding is recommended to come from the Building Replacement Fund, 243 which was otherwise addressed by the Faciliti es funding recommendations implemented in 2011. 244 Currently (as of the 2012/13 biennial budget plan ), $0 each year goes toward Skating Center 245 Facilities. Clearly, additional F acility funding for the Skating Center is required to meet its 246 capital replacement needs. (As a note, the iden tified capital Facilities needs discussed here for 247 the Skating Center are largely outside of the scope of the State bonding bill projects and the 248 funding from the Guidant grant.) 249 250 The Subcommittee recommends using a combination of funding sources to address the shortfall, 251 as follows: 252  In 2014, add an additional $200,000 of ongoing property tax levy funding for Skating 253 Center Facility capital needs. 254  In 2018, repurpose the $335,000 ongoing annual levy th at goes to debt service on existing 255 skating center geothermal pr oject equipment certificates when they are retired. 256 257 Of the $535,000 total increase in annual funding for Skating Center Faciliti es capital needs over 258 that 5-year period, about 37% is from additional property ta x levy funding and about 63% is 259 from repurposing existing property tax levy funds. 260 261 262 IT, Central Services, & Administration . These are additional areas of Equipment replacement 263 needs that were not addressed by the actions implemented in 2011. IT equipment needs are those 264 of the City and exclude those rela ted to the provision of IT services to our Joint Powers partners. 265 Central Services equipment needs are related to the several copier s the City owns or leases for 266 various City facilities. Admi nistration equipment needs come from the replacement of voting 267 machines, which the City continues to own even with the contract with Ramsey County to 268 administer our elections. Currently (as of the 2012/13 biennial budget plan), $50,000 of property 269 tax funding each year goes toward IT equipment n eeds (computers, routers, etc.) for the City of 270 Roseville, and about $5,000 goes to ward Central Services or Administration equipment needs. 271 Without additional funding, the fund balances in both IT and Central Services will disappear 272 within 1-2 years. 273 274 The Subcommittee recommends using property tax levy funding to address the shortfalls, as 275 follows: 276  In 2013, add an additional $160,000 of ongoing pr operty tax levy funding for IT, Central 277 Services, and Admin. capital needs. 278  In 2014, add an additional $75,000 of ongoi ng property tax levy funding, making the 279 ongoing total additional funding level $235,000 (100% of which comes from new 280 property tax levy funding). 281