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Roseville Finance Commission Agenda Item Page 6 of 8 The current account balance available to maintain this program is $122,000. This is a revolving account and no funds have been budgeted from the 2017 levy. *For grass and immediate threats to public safety, there is a different process. Marketing Studies From time to time the EDA needs to have Market Research and/or hire professional services to assist with policy priorities that the City Council/EDA determines. In 2016 the Council has 6 priority focus area that uses EDA funds and staff resources for the following: 1. Create Southeast Roseville Redevelopment Plan. 2. Formalize Karen Southeast Roseville Working Group. 3. Establish Twin Lakes Economic Development Program. 4. Establish Move-Up Housing Program. 5. Establish Housing Value Support Program. 6. Facilitate City-wide Economic Development. In addition, funds from this budget goes to printing of brochures, postcards and mailing. For 2016 the budget was $63,000 and for 2017 levy $8,000 is being budgeted. Economic Development The EDA has identified one of their highest priorities is to support the existing businesses. Resources are provided in the bi-monthly newsletter for technical assistance, financial assistance and networking opportunities for the Roseville Businesses. In addition, the EDA adopted a Business Visitation Program having staff conduct business visits on an ongoing basis in order to support our existing businesses and learn more of who they are and how the City can support them. In 2016 the EDA determined staffing levels for 2017. It was identified to not hire any additional City Employees but to use existing EDA staff with the support of consultants and interns to assist with EDA work. The operating budget (including consultants) for 2017 levy is $73,500. General EDA Expenditures The EDA budgets for general operating expenditures that includes EDA staff, recording secretary, EDA Attorney, Fiscal Services, Training/Conferences and overhead. This is one of the largest budgeted areas for EDA levy funds. For 2017 levy the budget is $192,650.