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Roseville Finance Commission
<br />Agenda Item
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<br />Page 6 of 8
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<br /> Table E: Community Development Fund
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<br />2011 2012 2013 2014 2015
<br />Funding Sources Actual Actual Actual Actual Actual
<br />Licenses & Permits 1,244,651$ 1,124,913$ 1,245,028$ 1,097,097$ 1,358,426$
<br />Charges for Services 143,894 152,664 200,775 243,679 258,412
<br />Interest Earnings 4,809 7,908 (31,826) 45,987 16,452
<br />Other Revenue 374,662 176,503 17,994 21,239 15,021
<br />Total Sources 1,768,016 1,461,988 1,431,971 1,408,002 1,648,311
<br />Funding Uses
<br />Personnel 861,250 886,832 970,439 1,045,079 1,075,297
<br />Supplies & Materials 18,799 13,381 12,788 9,154 11,613
<br />Other Services & Charges 191,930 196,989 193,602 174,550 205,133
<br />Capital Outlay 349,945 160,532 30,776 20,843 8,242
<br />Total Uses 1,421,924 1,257,734 1,207,605 1,249,626 1,300,285
<br />Other Sources (Uses)
<br />Transfer In (Out)- - - (40,000) (40,000)
<br />Other - - 3,365 - -
<br />Total Other Sources (Uses)- - 3,365 (40,000) (40,000)
<br />Excess of Funding Sources
<br /> Over (Under) Funding Uses 346,092 204,254 227,731 118,376 308,026
<br />Fund Balance - Jan 1st (182,929) 163,163 367,417 595,148 713,524
<br />Fund Balance - Dec 31st 163,163$ 367,417$ 595,148$ 713,524$ 1,021,550$
<br />The Community Development Fund includes the activities associated with the City’s planning & zoning,
<br />building inspections, code enforcement, and some housing & economic development and GIS activities.
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<br />Since 2011, the Community Development Fund has realized average revenue and expenditure increases
<br />of 3% and 1% respectively. The primary funding source for Community Development activities include
<br />construction permits, plan review fees, and contractor licenses. On average, they represent
<br />approximately 80% of total revenues. ‘Charges for Services’ represent staffing costs paid by the
<br />Roseville HRA/EDA, as well as fees associated with the City’s Rental Licensing Program.
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<br />Thanks to steady growth in new commercial buildings and housing units, overall fund balance has
<br />increased by over 500% since 2011. Currently, the Community Development Fund has a cash reserve
<br />level of 64%.
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<br />Item #6: Attachment A
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