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Budget Funding Sources
<br />The following graph and table summarizes the fundingsources for the Budget.
<br />2017 Funding Sources
<br />Licenses &
<br />Permits
<br />Charges for
<br />7%
<br />Services
<br />Intergovernmen
<br />34%
<br />tal
<br />6%
<br />Interest
<br />Earnings
<br />1%
<br />Court Fines
<br />0%
<br />Other Revenues
<br />Property Taxes
<br />9%
<br />38%
<br />Use of Reserves
<br />**
<br />5%
<br />$ Increase% Increase
<br />Funding Source20162017(Decrease)(Decrease)
<br />Property Taxes$18,944,720$19,513,060$568,3403.0%
<br />Special Assessments151,500151,225(275)-0.2%
<br />Intergovernmental3,577,1203,315,800(261,320)-7.3%
<br />Licenses & Permits3,250,5003,468,000217,5006.7%
<br />Charges for Services17,499,58017,738,280238,7001.4%
<br />Court Fines240,000168,000(72,000)-30.0%
<br />Interest Earnings383,800302,900(80,900)-21.1%
<br />Other Revenues5,228,7654,531,650(697,115)-13.3%
<br />Use of Reserves **2,836,6352,774,770(61,865)-2.2%
<br />Total$52,112,620$51,963,685$(148,935)-0.3%
<br />**Representsplanned spending from capital replacement fundsas well as operating funds.
<br />Property Taxes
<br />include taxes levied against taxable property. The increase in property taxes is necessary
<br />to provide for increased capital investments and to offset inflationary-type costs for day-to-day operations.
<br />Special Assessments
<br />include assessments levied against benefiting properties for various infrastructure
<br />improvements.
<br />Intergovernmental Revenues
<br />include MSA state aids($900,000),police, fire, and street maintenance
<br />aid ($1,000,000) and monies received under joint powers agreements($1,400,000).The decrease
<br />represents a change in categorization for reimbursements by the Roseville EDA towards ‘charges for
<br />services’.
<br />Licenses & Permits
<br />include business licenses($375,000), building-related permits and fees($1,180,000),
<br />and licenses and fees collected at the License Center($1,350,000).License Center fees are expected to
<br />increase due to higher customer activity.
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