Laserfiche WebLink
I <br /> CITY OF ROSEVILLE, MINNESOTA <br /> ' MANAGEMENT'S DISCUSSION AND ANALYSIS <br /> For Year Ended December 31, 2014 <br /> ' CURRENTLY KNOWN FACTS/ECONOMIC CONDITIONS <br /> ' Financial Outlook <br /> A number of local economic factors played a role in setting next year's Budget and utility rates: <br /> ' The City made operational adjustments including a modest property tax increase and the limited <br /> use of cash reserves in recognition of declining interest earnings and stagnant non-tax revenues. <br /> I Recreation program fees were increased to reflect the rising costs of individual programs. In <br /> addition, user charges for proprietary funds were also changed to reflect current and anticipated <br /> conditions and asset replacement needs. <br /> These factors were considered when the City of Roseville prepared its 2015 budget. <br /> REQUESTS FOR INFORMATION <br /> The financial report is designed to provide our citizens, customers, investors and creditors with a <br /> ' general overview of the City's finances. If you have questions about this report or need any <br /> additional information, contact the Office of the Finance Director, 2660 Civic Center Drive, <br /> Roseville, MN 55113. <br /> I <br /> 1 <br /> I <br /> r <br /> 25 <br />