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Attachment B Budgetary Flexibility Measures the degree to which the government can look to additional financial flexibility in times of stress. a percentage of expenditures. When doing this analysis, S&P Global reviews all governmental funds and makes some adjustments for committed and restricted funds and various expenditures, particularly those made for capital outlay. available fund balance as a percentage of expenditures as of December 31, 2015 is projected to be 54.5%. Based on the table below, this results in an initial Budget Flexibility score of 1.0. only) as a percentage of expenditures, in 2015 this would be 41%, or a very of 35-45% of annual expenditures. There are several positive subjective adjustment factors for this score, some of which include the ability to raise taxes and if t percentage of expenditures has exceeded 30% in the past three years. Both of these apply to the City of Roseville. However, the minimum score in this category is 1.0 so unless there are negative adjustments to offset the two positive adjustments mentioned above, there is no impact to this score. Negative adjustments include limited capacity to cut expenditures or raise revenues, cash accounting, current or future year decreases expected and questionable receivables that are no believe any of these apply to the City of Roseville, therefore the initial budget flexibility score of 1.0 applies. This portion of the analytical framework, which the City of Roseville has significant control over, is weighted 10% of the redit rating. Therefore, the portion for the Budgetary Flexibility Score is 0.1x(1.0 x 10%). Based on the prior criteria, the sum total used to determine the City of 8(0.2 + 0.3 + 0.2 +0.1). Budgetary Performance Measures the current fiscal balance of the government, both from a General Fund and total Governmental Funds perspective. The budgetary performance score is based on the net result (revenues less expenditures) divided by expenditures of both the General Fund and the total Governmental Funds. -2.8% and 2.2% for all Governmental Funds. Based on the table below, this results in an initial Budget Flexibility score of 3.0.