2014 Approved Budget - Laserfiche WebLink

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City of Roseville — 2014 Budget Special Assessments include assessments levied against benefiting properties for various infrastructure improvements. No significant changes are expected in 2014. Intergovernmental Revenues include MSA state aids ($1,050,000), police, fire, and street maintenance aid ($900,000) and monies received under joint powers agreements ($1,055,000). The increase is expected due to added revenues from Joint Powers Agreements related to the City's IT support functions. Licenses & Permits include business licenses ($260,000), building - related permits and fees ($1,180,000), and licenses and fees collected at the License Center ($1,380,000). Business license fees and building permit fees are expected to increase due to increased fee amounts and stronger construction activity. Charges for Services include administrative charges between funds ($1,005,000), wireless antenna lease revenues ($370,000), recreation program fees ($1,970,000), user charges for; water ($6,500,000), sanitary sewer ($4,500,000), storm drainage ($1,200,000), solid waste recycling fees ($400,000), and greens fees for the municipal golf course ($370,000). An increase is shown reflecting higher water and sewer fees. Court Fines include fines paid for traffic violations and criminal offenses occurring within the City limits. A slight increase is expected in 2014. Interest Earnings include investment earnings on cash reserves. A significant reduction is expected in 2014 due to the decline in long -term interest rates. This reduction was delayed by several years due to investments made 10 or more years ago that featured higher interest rates. As those investments matured, they were reinvested at lower rates. Other Revenues include tax increment ($2,165,000), lawful gambling taxes ($150,000), cable franchise fees ($400,000), and inter -fund transfers. Use of Reserves denotes the amount of reserves that is projected to be used to finance one -time capital replacements and other uses. An increase of planned uses of reserves is expected in 2014.