TO:
Honorable Mayor and Members of the City Council
THROUGH:
Mark Danaj, City Manager
FROM:
Bruce Moe, Finance Director
Raul Saenz, Interim Public Works Director
SUBJECT:Title
Review of Potential Revenue Enhancement Options; Status Report on Fire Station #2, Municipal Pool and Parking Structure/City Hall Feasibility Studies; Report on Water and Wastewater Utility Rate Studies (Finance Director Moe/Public Works Director Saenz).
DISCUSS AND PROVIDE DIRECTION
Line
_________________________________________________________
Recommended Action
RECOMMENDATION:
Staff recommends that the City Council: a) discuss various options available to enhance revenues in order to fund Storm Water, Street Lighting and various capital improvements; b) receive a status report regarding Fire Station #2, municipal pool and parking structure/new City Hall feasibility studies; c) receive a report on water and wastewater utility rate studies, and d) provide direction on whether or not to continue with the capital project feasibility studies, and with polling and public outreach related to ballot revenue measures.
Body
EXECUTIVE SUMMARY:
This report draws together fiscal discussions over the past several years ranging from Storm Water and Street Lighting/Landscape District subsidies and funding, to capital projects and utility rates. The purpose is to provide the City Council with a refresher on past discussions, and to seek direction on the approaches to be undertaken in addressing those unfunded needs. Funding sources for those needs range from fees and assessments to increasing existing taxes, or implementing entirely new tax measures. Each option includes a public approval process described in the report. Past staff reports and relevant materials are provided as a basis for review and discussion.
FISCAL IMPLICATIONS:
The City has unmet funding needs which ultimately may require additional revenues to provide sufficient resources to satisfy those needs. For example, the City cu...
Click here for full text