|
Roseville Finance Commission
<br />Agenda Item
<br />
<br />Page 4 of 8
<br />
<br /> Table C: General Fund
<br />
<br />2011 2012 2013 2014 2015
<br />Funding Sources Actual Actual Actual Actual Actual
<br />Property Taxes 9,919,451$ 9,761,246$ 10,065,348$ 10,173,073$ 10,236,716$
<br />Intergovernmental 965,809 979,352 1,053,778 991,970 1,031,110
<br />Licenses & Permits 393,220 407,297 384,467 416,659 396,247
<br />Charges for Services 1,319,202 1,158,338 1,241,970 221,728 212,120
<br />Fines & Forfeits 226,715 313,530 236,510 204,799 135,479
<br />Interest Earnings 53,202 46,514 (241,261) 338,364 74,431
<br />Other Revenue 178,350 140,435 164,699 96,735 83,548
<br />Total Sources 13,055,949 12,806,712 12,905,511 12,443,328 12,169,651
<br />Funding Uses
<br />General Government 2,033,499 2,065,652 2,411,123 2,193,314 2,323,882
<br />Police 5,866,002 6,263,999 6,646,790 6,701,924 6,863,442
<br />Fire 1,619,177 1,584,630 1,571,657 1,661,020 1,826,477
<br />Fire Relief 313,017 355,384 299,233 341,617 220,012
<br />Public Works 2,278,830 2,183,350 2,333,802 2,397,213 2,211,904
<br />Other - - - - -
<br />Total Uses 12,110,525 12,453,015 13,262,605 13,295,088 13,445,717
<br />Other Sources (Uses)
<br />Transfer In (Out)(370,793) - - 926,471 962,148
<br />Other - - - - -
<br />Total Other Sources (Uses)(370,793) - - 926,471 962,148
<br />Excess of Funding Sources
<br /> Over (Under) Funding Uses 574,631 353,697 (357,094) 74,711 (313,918)
<br />Fund Balance - Jan 1st 5,636,659 6,211,290 6,564,987 6,207,893 6,282,604
<br />Fund Balance - Dec 31st 6,211,290$ 6,564,987$ 6,207,893$ 6,282,604$ 5,968,686$
<br />The General Fund includes most of the City’s property tax-supported functions including police, fire,
<br />streets, administration, finance, nuisance code enforcement, and others.
<br />
<br />Since 2011, General Fund revenues (including budgeted transfers in ’14 and ‘15) have increased
<br />approximately 1% per year, while expenditures increased 3%. This resulted in an overall decline in fund
<br />balance of approximately 4%.
<br />
<br />Property tax collections have increased about 1% per year during the past five years, accounting for
<br />approximately 78% of General Fund revenues. Public Safety-related expenditures (police and fire)
<br />represent the largest General Fund expenditure category at 66%. This category has increased by
<br />approximately 4% per year on average. Currently, the General Fund has a cash reserve level of 39%.
<br />Item #6: Attachment A
|