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� A one time capital gain on the City's treasury portfolio has provided a fund which has <br />been dedicated to providing an ongoing tax reduction to Roseville property taxpayers. <br />The projection and business plan is to reduce the required tax levy increase by <br />approximately2/� annually. This Fund is a permanent fund under GASB 34 <br />Implementation <br />All fund reserves shall be reviewed each year at the time of the annual budget preparation. <br />Budgets shall be prepared on an "All Resources" basis, so that the City Council and Community <br />can readily discern the current and projected management of all reserves. <br />� <br />