2015_Approved Budget and CIP.pdf

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City of Roseville — 2015 Budget It is expected that this fund is to be self-supporting from the related revenue sources. The Economic Inc�ements Pay-As-You-Go Fund accounts for resources and payments related to the tax increment pay-as-you-go districts. This fund has been designated as a major fund for reporting purposes Revenues generally consist of property taXes collected from levies specified for maintenance. Other revenues include investment income, and other miscellaneous revenues sources. It is expected that this fund is to be self-supporting from the related revenue sources. The Parks Improvement Program Fund accounts for resources and payments related to the Parlc Improvement Program (PIP). The intent of this fund is not to add new assets but to primarily replace those park assets, which have completed their useful life. This fund has been designated as a minor fund for reporting purposes Revenues generally consist of a property tax levy specifically for park improvements. Other revenues include, investment income, allocations from the Parks and Recreation Infrastructure Fund and other miscellaneous revenues sources. Expenditures recorded include certain capital expenditures for park improvement replacement in accordance with the City's Park Improvement Program. It is expected that this fund is to be self-supporting from the related revenue sources. The Special Assess�nent Construction Fund accounts far resources and payments related to the Pavement Management Program (PMP). This fund has been designated as a minor fund for reporting purposes Revenues generally consist of allocations from the Infrastructure Replacement Fund. Other revenues include; investment income, and other miscellaneous revenues sources. Expenditures recorded include certain capital expenditures for street improvements in accordance with the City's Paving Management Program. It is expected that this fund is to be self-supporting from the related revenue sources. Fund Tvpe: Permanent Funds Permanent Funds are funds which have been legally established as funds from which only the investment income may be used for which the Fund was established. The Infrastructure Replacement Fund accounts for endowment funds set aside for the long-term replacement and maintenance of the City streets. This fund has been designated as a major fund for reporting purposes Revenues generally consist of investment income. 121