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Last modified
4/27/2011 2:01:59 PM
Creation date
4/27/2011 2:00:43 PM
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Roseville City Council
Document Type
Council Resolutions
Meeting Date
4/18/2011
Resolution #
10893
Resolution Title
RESOLUTION ADOPTING FINANCIAL AND BUDGET POLICIES FOR THE CITY OF ROSEVILLE
Resolution Date Passed
4/18/2011
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❑ From time to time the City Council shall establish additional replacement funds as the need and <br /> funding ability becomes available <br /> ❑ The City should periodically review and follow industry-recommended replacement schedules for <br /> all City capital assets. <br /> Implementation <br /> The City shall use replacement funds to assist in the replacement of equipment, vehicles, and building <br /> maintenance. New equipment or buildings are to be funded from new dollars,unless they are designated to <br /> replace currently depreciated assets. Funds from the replacement funds may be used up to the amount <br /> available from depreciation of the replaced asset. Any additional funding shall be from new sources. <br /> Page 7 of 10 <br />
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