City Council Minutes 2014 06 24 SP

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City Council Special Meeting Minutes June 24, 2014 Page 13 of 14 member comments when this was discussed previously, there are multiple defensible ways to allocate costs for the CSF. Allocating 25% of the cost of the CSF to each of the four funds is a reasonable approximation, but it may overstate the Capital Projects and Waste Water Funds' "benefit" from the facility and underestimate the Open Space and Parks Fund's "benefit." Additionally, this scenario does not allocate any "benefit" from the facility to the Stormwater Fund. If Council wants to revise the current allocation, it would negatively impact the OS &P Fund unless Council also approves a General Fund transfer to offset the impact. COUNCIL COMMENTS Mayor Muckle supported the 25/25/25/25 allocation. Council member Stolzmann did not support the yard square footage allocation. City Manager Fleming asked Council for their goal on the allocation of the space for the City Services Facilities. Mayor Muckle stated the goal is for a fair split, which protects the two utility funds. He felt the 25/25/25/25 split was appropriate. There was Council support for the 25/25/25/25 split for the City Services Facilities. 1% For Arts Program Potential Impact: Council requested staff calculate the potential impact of implementing such a program from 2009 -2014 and if implemented in 2015- 2018. Such a program would have allocated about $240,000 to arts in 2009 -2014 and would allocate about $140,000 through 2018 if implemented. These numbers exclude expenditures for utility programs. In most, but not all cases, the cost of allocations for art would increase the cost of the project. Revenue Assumptions & Expenditure Targets: In order to project the funding likely to be available to pay for the proposed C -I -P projects, staff updated the revenue assumptions and expenditure targets on which the Long -Term Financial Model is based. City Manager Fleming summarized some of the more significant assumptions and targets affecting the funds containing capital projects. COUNCIL COMMENTS Mayor Muckle suggested putting the 1% for Arts Program off to the 2016 budget and noted the 2015 budget includes a comparable amount for art related activities. Council member Stolzmann was also supportive of the project and wanted to see how it ties into projects. Council member Lipton was supportive, but looking at the CIP projects, was not convinced that 1% of certain projects would accomplish this. He felt it should be a part of the Arts Master Plan. He also supported pushing the program off to the 2016 budget. There was Council consensus. Deputy City Manager Balser explained as CIP projects come forward in 2015, staff will