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City of Roseville Summary of the Budget Process Budget Process Overview The City of Roseville adheres to a comprehensive budgeting process that typically includes City Council budgeting goal-setting sessions, an extensive review and analysis by Staff of the general needs and available resources, and theeventual submittal of the City Manager’s Recommended Budget. This year’s budgeting process was designed to continue promoting transparency on where financial resources were allocated. It also ensured that that the programs and services that mattered the most to the community received sufficient funding. The City’s annual budgeting process is preceded and supplemented by a number of planning processes that are used to provide general direction for the City and to designate tentative resource allocations. These planning processes include the creation of a Comprehensive Plan, Park Master Plan, and the Capital Improvement Plan. Given their size, the text of these documents hasbeen excluded from this Budget Document, however they can be found on the City’s website at: www.ci.roseville.mn.us.These planning processes forecast the eventual impact on the City budget by projecting the capital investments and redevelopment cycles that are needed to maintain service levels and achieve overall objectives. The submittal of the Recommended Budget is followed by a series of public presentations to the City Council that is designed to give the Council and citizens an overview of the proposed Budget, and to prepare the Councilin making informed budget decisions. Budget amendments are made in conjunction with the City’s independent financial audit to ensure legal compliance. These amendments are made when actual expenditures exceed budgeted amounts at the Fund level. The calendar of key budget dates wasas follows: 2018Budget Calendar Review County Assessed Market Value Data..........................................................May 15, 2017 Receive2018-2037 Capital Improvement Plan........................................................May15, 2017 Receive City Council Budgetary Goals.....................................................................July 17, 2017 ReceiveCity Manager RecommendedBudget.....................................................August 28, 2017 Receive Budget Recommendations from the Finance Commission...............September 18, 2017 Adopt the 2018Preliminary Budget& Tax Levy...........................................September 25, 2017 Review Proposed Utility Rates........................................................................November 13, 2017 Final Budget Hearing.........................................................................................December4, 2017 Adopt the 2018Water & Sewer Rates.............................................................December 11, 2017 Adopt the 2018Final Budget& Tax Levy......................................................December 11, 2017 26