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2019_0318_CCPacket
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2019_0318_CCPacket
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4/25/2019 1:50:04 PM
Creation date
4/4/2019 12:43:23 PM
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Roseville City Council
Document Type
Council Agenda/Packets
Meeting Date
3/8/2019
Meeting Type
Regular
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Attachment B <br />The adjustments to this score can be adjusted if there are future events that will <br />suggest different results in coming years. This can cause either positive or <br />negative adjustments. We did not apply any adjustments. <br />This portion of the analytical framework, which the City of Roseville has <br />control over, is weredit rating. Therefore, the <br />portion for the Budgetary Flexibility Score is 0.3 x (3.0 x 10%). Based on the <br />prior criteria, the sum total used to determine the City of Ro <br />rating is 1.1 (0.2 + 0.3 + 0.2 + 0.1 + 0.3). <br />Liquidity Measures the availability of cash and cash equivalents to service both debt <br />and other expenditures. <br />The liquidity score is based on total government cash available as a percentage <br />of total Governmental Funds expenditures and as a percentage of total <br />Governmental Funds debt service. <br />The projected governmental cash available ($52,270,449) as a percentage of <br />total Governmental Funds debt service ($3,472,417) far exceeded the 120% <br />threshold and cash as a percentage of Governmental Fund expenditures <br />($37,677,970) again, far exceeded 15%. Based on the table below, this results <br />in an initial Budget Liquidity Score of 1.0. <br /> <br /> <br />
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