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2015_Approved Budget and CIP.pdf
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2015_Approved Budget and CIP.pdf
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City of Roseville — 2015 Budget <br />General Purpose Operations <br />The City's general purpose operations include the City's police, fire, streets and pathways, parks and <br />recreation, and general administrative and finance functions. For purposes of this financial plan, it <br />excludes general facilities such as City Hall, Public Works Building, and all fire stations. Which have <br />typically been financed with voter-approved bonds. <br />In contrast to the City's water and sewer operations, general purpose functions are provided for by a <br />variety of funding sources most notably, property taxes. <br />Each year, a portion of the property tax levy is set aside for future capital replacements. The remaining <br />is used for day-to-day operations. For iinancial planning purposes, the City looks at operations and <br />capital investments separately. The financial plan for each of these categories is discussed in greater <br />detail below. <br />Operations <br />Over the next 10 years, the City's general purpose operations are projected to collectively grow 3% per <br />year, from $20.1 million in estimated eXpenditures in 2015 to $26.1 million in 2024. This assumes that <br />the City will continue providing the same services and levels of services as it currently does. The <br />projections incorporate increases in personnel, supplies & materials, and other operating costs including <br />contracted legal and other professional services. <br />Projected cost increases by major category for the general purpose functions are as follows: <br />❖ Personnel costs - 3% <br />❖ Supplies and materials - 3% <br />❖ Other services and charges - 3% <br />The projected cost increases through 2023 are comparable to actual increases realized in prior years. To <br />accommodate these additional costs, operating revenues rates will need to increase by a corresponding <br />amount. For General Fund activities including police, fire, streets, etc., revenues will need to increase as <br />follows: <br />:• Property taXes — 4% <br />❖ Licenses and permits — 2% <br />❖ Court fines — 2% <br />❖ Intergovernmental — 2% <br />:• Charges for services — 2% <br />❖ Other — 1 % <br />For Parlcs & Recreation activities including recreation programs and park maintenance, revenues will <br />need to increase as follows: <br />❖ Property taxes — 3% <br />❖ Charges for services — 3% <br />: <br />
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