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Roseville Finance Commission
<br />Agenda Item
<br />
<br />Page 4 of 12
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<br />2016 2017 $ Increase % Increase
<br />Budget Budget (Decrease)(Decrease)
<br />Revenues
<br />Customer Charges 1,645,685$ 1,775,000$ 129,315$ 7.9%
<br />Interest Earnings 35,000 20,000 (15,000) -42.9%
<br />Total 1,680,685$ 1,795,000$ 114,315$ 6.8%
<br />Expenses
<br />Personal Services 397,600$ 404,700$ 7,100$ 1.8%
<br />Supplies & Materials 83,500 86,500 3,000 3.6%
<br />Other Services & Charges 271,200 347,100 75,900 28.0%
<br />Total 752,300$ 838,300$ 86,000$ 11.4%
<br />Net Available for Capital **928,385$ 956,700$
<br />** Excludes $1,090,000 in cash reserves set aside for storm sewer-related capital
<br />For 2017, overall costs are expected to rise 11.4%. Costs associated with assigned personnel are expected
<br />to increase 1.8% which includes a 2.75% cost-of-living adjustment. The increase in ‘Others Services &
<br />Charges’ is due to the costs associated with updating the Stormwater Plan, which is required as part of
<br />the broader decennial update of the Comprehensive Plan.
<br />
<br />The revised 20-Year Capital Improvement Plan (CIP) identifies added infrastructure replacement costs
<br />in the coming years which will require a 5.0% increase in the storm sewer fee.
<br />
<br />Recycling Operations
<br />The recycling operation provides for the contracted curbside recycling pickup throughout the City and
<br />related administrative costs. The primary operating cost is the amounts paid to a contractor to pickup
<br />recycling materials.
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<br />The following table provides a summary of the 2016 and 2017 (proposed) Budget:
<br />
<br />2016 2017 $ Increase % Increase
<br />Budget Budget (Decrease)(Decrease)
<br />Revenues
<br />Base Fee Revenue 346,000$ 426,210$ 80,210$ 23.2%
<br />Usage Fee Revenue - - - 0.0%
<br />SCORE Grant 89,200 85,000 (4,200) -4.7%
<br />Revenue Sharing 48,000 - (48,000) -100.0%
<br />Interest Earnings 1,000 1,000 - 0.0%
<br />Total 484,200$ 512,210$ 28,010$ 5.8%
<br />Expenses
<br />Personal Services 36,800$ 36,800$ -$ 0.0%
<br />Supplies & Materials 2,000 2,000 - 0.0%
<br />Other Services & Charges 453,410 473,410 20,000 4.4%
<br />Total 492,210$ 512,210$ 20,000$ 4.1%
<br />Net From Operations **(8,010)$ -$
<br />** The Recycling Fund has a cash balance of $90,600
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