|
Proprietary funds. The City of Roseville's proprietary funds provide the same type of
<br />information found in the government -wide financial statements, but in more detail.
<br />The unrestricted net position in the respective proprietary funds is Sewer - $1,756,148;
<br />Water — ($52,342); Golf - $315,261; Recycling - $264,037 and Storm - $3,260,276.
<br />Overall net position increased $959,761 reflecting positive cash flow from utility rate
<br />increases which were designated for future capital replacements.
<br />General Fund Budgetary Highlights
<br />The General Fund balance increased by $353,697 in 2012, largely due to higher -than-
<br />expected revenues. Expenditures were at expected levels.
<br />Capital Asset and Debt Administration
<br />Capital assets. The City of Roseville's investment in capital assets for its governmental
<br />and business type activities as of December 31, 2012, amounts to $146,300,205 (net of
<br />accumulated depreciation) — a 2% increase from the previous year. This investment in
<br />capital assets includes land, buildings, infrastructure, machinery and equipment.
<br />Major capital asset events during the current fiscal year included the following:
<br />• Completion of approximately $3 million (of a total $9 million) in the construction
<br />of a new fire station.
<br />• Approximately $1 million in improvements to the City's utility systems
<br />Land & easements
<br />Buildings
<br />Improvements other
<br />Than buildings
<br />Machinery & equipment
<br />Infrastructure
<br />Construction in progress
<br />Total Capital Assets
<br />City of Roseville's Capital Assets
<br />(Net of Depreciation)
<br />Governmental Governmental Business -Type Business -Type
<br />Activities
<br />Activities
<br />Activities
<br />Activities
<br />Total
<br />Total
<br />2011
<br />2012
<br />2011
<br />2012
<br />2011
<br />2012
<br />$ 33,237,354
<br />$ 33,360,554
<br />$ 796,155
<br />$ 796,155
<br />$ 34,033,509
<br />$ 34,156,709
<br />17,44004
<br />19,879,610
<br />186,155
<br />136,825
<br />17,626,959
<br />20,016,435
<br />838,712
<br />2,57305
<br />447,646
<br />744,321
<br />1,286,358
<br />3,31806
<br />6,515,848
<br />5,922,791
<br />833,746
<br />878,579
<br />7,349,594
<br />6,801,370
<br />57,869,942
<br />59,091,016
<br />15,517,161
<br />16,745,145
<br />73,387,103
<br />75,836,161
<br />703,404
<br />5,228,453
<br />1,712,296
<br />943,067
<br />9,515,700
<br />6,171,520
<br />$123,706,064 $126,056,109 $ 19,493,159 $ 20,244,092 $143,199,223 $146,300,201
<br />Additional information on the City of Roseville's capital assets can be found in Note 1 -D
<br />on page 45 -47 of this report, and Note 4 -C on page 55 -57.
<br />23
<br />
|