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<br />EXTRACT OF MINUTES OF MEETING OF THE <br />CITY COUNCIL OF THE CITY OF ROSEVILLE <br /> <br />* * * * * * * * * * * <br /> <br />Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of <br />Roseville, County of Ramsey, Minnesota was duly held on the 21 5t day of May 2007 at 6:00 p.m. <br /> <br />The following members were present: Roe, Kough, Thlan, Pust and Klausing <br />and the following were absent: none. <br /> <br />Member Roe introduced the following resolution and moved its adoption: <br /> <br />RESOLUTION 10506 <br /> <br />RESOLUTION ADOPTING THE REVENUE POLICY <br />FOR THE CITY OF ROSEVILLE <br /> <br />WHEREAS, the City Council of the City of Roseville, Minnesota desires to establish financial <br />and budget policies that provide for the sustainability of City programs, services and <br />infrastructure; and <br /> <br />WHEREAS, the City Council of the City of Roseville, Minnesota desires to maintain the City's <br />strong financial condition; and <br /> <br />WHEREAS, the City Council of the City of Roseville, Minnesota desires to provide appropriate <br />fiscal and budgeting controls. <br /> <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Roseville, <br />Minnesota, that the following Revenue Policy be adopted and remain in effect until such time <br />that a subsequent policy action is taken. <br /> <br />Revenue Policy <br /> <br />Purpose <br /> <br />(J To provide a diversified and strong set of revenues to ensure a stable revenue system for <br />City programs and services <br /> <br />(J To match revenues with similar uses to ensure adequate funding for the various City <br />services and programs over the long-term <br />