2001 Approved Budget - Laserfiche WebLink

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City of Roseville, Minnesota2001 Budget V R F EHICLEEPLACEMENTUNDS Vehicle Replacement Fund: General Account Numbers: 400-055.000 401-055.000 Organizational Accountability: Finance Director D EPARTMENTAL DESCRIPTION 2001S W TRATEGIC ORK The General Vehicle Replacement Fund provides for the PLAN gathering of depreciation reserves from various non-enterprise funds to provide financing for the purchase of heavy mobile equipment and general governmental motor vehicles.Work with the departments and the Depreciation charges are transferred to this fund from userCity Council to assure maximum departments. These charges and the interest earned on thoseeconomic use is made of current balances are only use to replace current equipment. equipment Expenditures from this fund include police cars, which are funded by an annual property tax allocation. The useful life or Keep management and the City a police car is relatively short and is not suited for a normal Council advised of the health of the depreciation program. equipment department fund A 1999 CHIEVEMENTS Personnel Services 0000 Supplies0000 Achieved a 52% level of funding for Miscellaneous Services accumulated depreciation in 1999 Charges 0000 Capital Outlay 13 470,000530,900530,900 Total 470,000530,900 328,113530,900 E O XPECTEDUTCOMES Accumulated Depreciation I Fund Balance 980,090950,000I I950.000 Ratio of Fund Balance to Value 51.9%50.0%50.0% Citizen Benefit/Impact: Strategic Outcomes: Up-to-date equipment for city employees to complete their tasks Orderly replacement of vehicle equipment without major property Added value to City services such as tax swings street and park maintenance, police, and fire vehicles IV48