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City of Roseville, MinnesotaStatement 4 <br />STATEMENT OF REVENUES, EXPENDITURES AND (Page 2 of 2) <br /> CHANGES IN FUND BALANCES <br />GOVERNMENTAL FUNDS <br />For the Fiscal Year Ended December 31, 2024 <br />Capital Projects <br />EconomicOthe <br />rTotal <br />RevolvingIncrementsStreetGovernmentalIntra ActivityGovernmental <br />Debt ServiceImprovementsConstructionConstructionFundsEliminationsFunds <br /> <br />REVENUES <br />General property taxes2,155,661$ 2,847,874$ -$ 1,084,905$ 186,788 -$ 28,294,064$ <br /> <br />Tax increment- - 3,261,669 - - - <br /> 3,261,669 <br />Intergovernmental revenue - 99,600 - 1,977,268 - - <br /> 5,855,202 <br />Licenses and permits- - - - - - <br /> 2,144,290 <br />Gambling taxes- - - - 45,008 - <br /> 45,008 <br />Charges for services- 66,802 - - 2,436,066 - <br /> 6,597,779 <br />Fines and forfeits- - - - - - <br /> 86,259 <br />Cable franchise taxes- - - - 321,611 - <br /> 321,611 <br />Affordable housing aid - - - - - <br /> - 211,214 <br />Rentals - 128,269 - - - - <br /> 612,383 <br />Donations - - - - 107,265 - <br /> 235,923 <br />Special assessments 27,104 - - 20,408 - <br /> - 47,563 <br />Investment income <br /> Interest earned on investments 31,448 377,990 145,712 176,105 17,575 - <br /> 1,324,306 <br /> Increase (decrease) in fair value of investments 20,932 49,953 (19,059) 165,308 14,273 <br /> - 612,743 <br /> Miscellaneous Revenue 23,500 34,927 - 387 159,962 - <br /> 666,022 <br /> Total Revenues 2,258,645 3,605,415 3,388,322 3,424,381 3,288,548 - 50,316,036 <br /> <br />EXPENDITURES <br /> Current <br /> General government - 402,187 - - 2,793,399 - <br /> 7,666,021 <br /> Public safety - 343,015 - - - <br /> - 17,665,423 <br /> Public works - 484,744 - 3,188 - - <br /> 3,518,513 <br /> Economic development - - 1,717,124 - - <br /> - 3,819,582 <br /> Recreation - 609,807 - - - - <br /> 6,392,588 <br /> Capital outlay - 1,994,996 - 3,341,817 - - <br /> 5,676,174 <br /> Bond principal 2,145,000 - - - - - <br /> 2,145,000 <br /> Interest and other charges - Bonds 301,296 - - - - <br /> - 301,296 <br /> Total Expenditures 2,446,296 3,834,749 1,717,124 3,345,005 2,793,399 - 47,184,597 <br /> <br /> <br />Excess (Deficiency) of Revenues Over <br /> (Under) Expenditures (187,651) (229,334) 1,671,198 79,376 495,149 - <br /> 3,131,439 <br /> <br />OTHER FINANCING SOURCES (USES) <br /> Transfers in 257,931 1,043,817 - - 10,308 (2,147,784) <br /> - <br /> Transfers out - (99,592) (257,931) - (200,000) 2,147,784 <br /> (719,111) <br /> Sale of capital assets - 238,361 - - - <br /> - 238,361 <br />Total Other Financing Sources (Uses) 257,931 1,182,586 (257,931) - (189,692) <br /> - (480,750) <br />Net Change in Fund Balances 70,280 953,252 1,413,267 79,376 305,457 - <br /> 2,650,689 <br />FUND BALANCES, January 1 2,298,919 14,945,989 5,506,016 5,236,428 468,394 - <br /> 51,222,102 <br />FUND BALANCES, December 31$ 2,369,199$ 15,899,241$ 6,919,283$ 5,315,804$ 773,851$ -$ 53,872,791 <br /> <br />The notes to the financial statements are an integral part of this statement. <br />35 <br />Qbhf!54!pg!334 <br /> <br />