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Adjusting Budget Funding Sources <br />Using Levy Capacity from Expiring Debt Issuance <br />2020 Levy Impact: $0 <br />The bond for the expansion and remodeling of the Roseville City Hall and Maintenance facility <br />is expiring in 2019. This reduces the levy impact moving forward by $765,000 annually. <br />Given the needs in our capital and operational budgets, I propose that we use this levy capacity <br />for new spending as follows: <br /> $375,000 annually be directed to the Park Improvement Program fund to stabilize <br />funding for future needs <br /> $190,000 annually be directed to the Pavement Management Program fund to <br />stabilize funding for future needs <br /> $200,000 annually be directed to the operating budget to fund on-going programs <br />and services. This shift will help offset an increase to the levy that would otherwise <br />be necessary to fund the proposed 2020 budget. <br />The use of the expiring debt levels towards capital and operational purposes will address the <br />needs for today and will lessen the need for future levy increases in the future. <br />Reduce Use of Communications Fund to Finance Operations <br />2020 Levy Impact: Increase of $67,010 <br />Currently, the Communications Fund pays for our communications staff and a portion <br />of other Administration Department staff. It also funds the purchase of <br />communication equipment that broadcasts City Council and City Commission <br />meetings as well the city’s newsletter and website. All of this is funded through <br />franchise fees from cable tv providers. <br />The amount of franchise fees has been decreasing in recent years as more people unplug from <br />cable tv and there are more options to view shows and programs through the internet and <br />streaming services. As a result of these declining revenues and to ensure that we continue to <br />have non-tax levy dollars funding the City’s communication staffing and operations, the City <br />Manager 2020 budget proposes that: <br /> <br />1) The portion of the salary paid from the Communications Fund (a total of $67,010) <br />for the Assistant City Manager and Deputy Clerk position are paid from the <br />property tax levy moving forward. <br />2) Communication capital equipment no longer be funded from the Communications <br />Fund but becomes part of the overall Facility Fund. <br />Page 9 of 19 <br /> <br /> <br />