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Budget Funding Sources
<br />The following graph and table summarizes the fundingsources for the Budget.
<br />2018 Funding Sources
<br />Licenses &
<br />Permits
<br />Charges for
<br />4%
<br />Intergovernmen
<br />Services
<br />tal
<br />38%
<br />8%
<br />Interest
<br />Earnings
<br />1%
<br />Court Fines
<br />0%
<br />Property Taxes
<br />Other Revenues
<br />38%
<br />8%
<br />Use of Reserves
<br />**
<br />3%
<br />$ Increase% Increase
<br />Funding Source20172018(Decrease)(Decrease)
<br />Property Taxes$ 19,513,060$ 20,680,505$ 1,167,4456.0%
<br />Special Assessments151,225206,00054,77536.2%
<br />Intergovernmental3,315,8004,394,2301,078,43032.5%
<br />Licenses & Permits1,796,5001,914,500118,0006.6%
<br />Charges for Services19,409,78020,707,5401,297,7606.7%
<br />Court Fines168,000134,000(34,000)-20.2%
<br />Interest Earnings302,900403,105100,20533.1%
<br />Other Revenues4,531,7004,274,140(257,560)-5.7%
<br />Use of Reserves **2,774,7701,525,210(1,249,560)-45.0%
<br />Total$ 51,963,735$ 54,239,230$ 2,275,4954.4%
<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($1,100,000),police, fire, and street maintenance
<br />aid ($1,000,000) and monies received under joint powers agreements($2,276,000).The increaseis largely
<br />attributable to addedpayments and reimbursements received from other agencies which receive
<br />information technology support from the City of Roseville.
<br />Licenses & Permits
<br />include business licenses($338,000)and building-related permits($1,466,000).
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