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Regular City Council Meeting Monday, May 16, 2016 Page 6 Councilmember McGehee asked if the City's Water Fund fully funded through generated user fees was typical of what he found with other cities or if there was another way to look at that fund similar to what he'd addressed for the Golf Course Fund. Mr. Mayer stated that he found Water Funds to typically be funded by user fees in most cities; but when capital needs arise, the question then became how best to approach that. Typically, Mr. Mayer reported that Roseville was unique in cover- ing capital needs exclusively through user fees without incurring debt or using special assessments. Mr. Mayer noted that this was determined by individual city philosophies and the availability of other means to fund capital needs (e.g. grants, debt financing, etc.). With Roseville's "pay-as-you-go" philosophy, which he found a good thing, Mr. Mayer noted it did result in funding challenges, such as the city found in 2014 when it undertook a significant project. At those times, Mr. Mayer noted that the city needed to look to other funding resources (e.g. Storm Drainage Fund). Mayor Roe clarified that the City made a policy decision in 2014 to pay off the in- ternal loan between the Water Fund and another fund; and noted that all of those costs had not been incurred in 2014, but had included paying off the internal loan from previous years. McGehee moved, Etten seconded, acceptance of the 2015 Annual Financial Re- port as presented. Councilmember Etten thanked city staff for their excellent work, expressing his personal appreciation of another clean bill of health. Roll Call Ayes: McGehee, Willmus, Laliberte, Etten and Roe. Nays: None. 12. Public Hearings and Action Consideration 13. Budget Items 14. Business Items (Action Items) a. Organizational Budget Priorities City Manager Trudgeon advised that, in an effort to have a more systematic ap- proach for services provided and budget requests, staff reviewed the City's inis- sion statement, community aspirations, the 2014 community survey, and 2016 City Council priority planning document (PPP) as part of their 2017 internal budget process.