Laserfiche WebLink
12,000,000 - <br />10.000,000 <br />8,000,000 <br />6,000,000 <br />4,000,000 <br />2,000,000 <br />City -Wide Sales Tax Revenue (Constant Dollars) <br />Actual and Projection <br />D63 4h D'1 Dh Q4+ ecy C:6 `a. a4s O) h. h 0,4 h �� 'ts 'r� �i �y$ '`q3 O <br />'1- `Ld le '1, ca '1, '1 b ` ., '1, 'V Id 1, 'btu % `fib 1., ` , '4o I, 1., <br />For 2016, the utility rates are proposed to increase, as follows: <br />• Water user rates = 11% increase <br />• Wastewater user rates = 20% increase <br />• Storm Water user rates = 12% increase <br />These are the increases that were prescribed in the recent utility rate study. However, <br />staff will update the utility rate model prior to adoption of new rates to determine if these <br />increases are still warranted. <br />Based on preliminary information from Boulder County, staff projects that net property <br />tax revenue in the General Fund and in the Debt Service Fund will increase by 18.4% to <br />reflect increases in the City's assessed valuation with no increase in the mill levy. Staff <br />projects that net property tax revenue in the Urban Revitalization District Fund will <br />increase by nearly 100% due to significant increases in the District's incremental <br />assessed valuation. <br />2 <br />45 <br />