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City Council <br />Meeting Minutes <br />May 5, 2015 <br />Page 16 of 33 <br />Revenue: Will include capital and operating revenue; includes both annual and one- <br />time revenue and the ability to factor fixed revenue. <br />Maintenance of Tool: Annual Update: Demographics; budget data; capital facility <br />inventories and capital facility cost factors. <br />Implementation of fiscal impact model: User's Manual with LOS Assumptions as <br />Appendix; 2 training sessions and ongoing technical support. <br />PUBLIC COMMENTS <br />Sherry Sommers, 910 S. Palisade Court, Louisville, CO inquired if the model allows for <br />any tipping point when the marginal costs become greater than the capacity. She <br />provided examples such as the Recreation Center or Library where the maximum <br />capacity is reached with the addition of more people and a new facility is needed. <br />Mr. Bise explained with marginal models there is a tipping point. It is assumed since the <br />City is collecting impact fees, certain categories of infrastructure will be reviewed and <br />new structures will be constructed. This can be accomplished by working with the <br />department heads to determine when capacity will be reached. There is a tipping point, <br />when infrastructure is examined. <br />Mayor Pro Tem Dalton asked if the model would tell the City when the Louisville <br />Recreation Center has reached capacity. Mr. Bise confirmed it would be based on the <br />parameters of the model. <br />Council member Stolzmann voiced her appreciation to TishlerBise and felt they've done <br />excellent work. She felt responding to the Finance Committees question would show <br />the tipping point when a new facility would have to be built. <br />Council member Keany noted the Finance Committee has looked at this and received <br />public input. He felt real progress has been made. His questions related to whether <br />staff felt certain facilities and staffing were already at capacity. He voiced his <br />appreciation to Mr. Leary for his comments and to Directors Watson and Russ for their <br />work on the model. <br />Mr. Bise stated they have spent a lot of time working with staff on capacity and some of <br />the numbers have changed. <br />Mayor Muckle stated he was pleased with the flexibility of the model. He agreed it would <br />be good to have the Finance Committee looking at the model again. He was <br />comfortable with the model. <br />Mayor Pro Tem Dalton stated his understanding staff would like the Council to approve <br />the model and then the refinements would be completed by the Finance Committee. <br />47 <br />