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City of Roseville — 2015 Budget <br />Expenditures are limited to approximately two-thirds of the annual investment income to be allocated to <br />the Special Assessment Construction Fund <br />It is expected that this fund is to be self-supporting from the related revenue sources. <br />Fund Tvpe: Internal Service Funds <br />Internal Service Funds are funds which account for specific service operations of the City which are <br />provided to other departments and divisions of the City. <br />The Worker's Coinpensation Fund accounts for revenues and expenditures related to servicing the <br />City's Worker Compensation needs. <br />Revenues primarily consist of fees collected from user departments and property tax levies, when <br />needed. Other revenues include; investment income, and other miscellaneous revenues sources. <br />Expenditures recorded include medical payments and compensation payments to workers who qualify <br />for worker's compensation benefits. <br />The Risk Management Fund accounts far revenues and expenditures related to servicing the City's <br />general insurance and risk management needs. <br />Revenues primarily consist of fees collected from user departments and property tax levies, when <br />needed. Other revenues include investment income, and other miscellaneous revenues sources. <br />Expenditures recorded include payments for liabilities within the City's deductible limit and payments to <br />the City's insurance carrier, League of Minnesota Insurance Trust. <br />Fund Type: Trust Funds <br />Trust Funds are funds which account for specific operations for which the City has a fiduciary <br />responsibility and the funds are held in trust for a third party. <br />Fund Tvpe: Proprietary Funds <br />Enterprise Funds are funds which account for specific operations of the City in a manner similar to the <br />private sector. All Enterprise Funds have been designated major funds for reporting purposes. <br />The Sewer Fund accounts for revenues and expenditures related to City's sewer distribution system <br />operations. <br />Revenues primarily consist of sewer fees collected from system users. Other revenues include; <br />investment income, and other miscellaneous revenues sources. <br />Expenditures recorded include sewer system operating expenditures such as wages, salaries and benefits, <br />supplies, and other charges, which include utilities, professional services, memberships, and other <br />similar uses. Major eXpenditures also include waste treatment fees to the Metropolitan Council <br />Department of Environmental Services and certain capital expenditures for maintaining the system. <br />122 <br />