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Finance Committee Agenda and Packet 2020 11 17
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Finance Committee Agenda and Packet 2020 11 17
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4/26/2022 10:40:45 AM
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11/16/2020 10:25:38 AM
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City Council Records
Meeting Date
11/17/2020
Doc Type
Boards Commissions Committees Records
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SUBJECT: REVIEW PROPOSED FEES/FINES FOR 2021 <br />DATE: NOVEMBER 17, 2020 PAGE 2 OF 2 <br />The second option is a 3% increase, which is based on the estimated 2020 cost of <br />government (wages, benefits, supplies, services). The current projection for the 2020 <br />CPI is 1.2% and 2021 CPI is 2.1 %. Preliminary numbers for the 2020 CPI will not be <br />available until January. <br />FISCAL IMPACT: <br />As a whole, charges for services make up a significant portion of the City's revenue. <br />The overall fiscal impacts of the proposed changes are relatively minor as they <br />represent minor changes to smaller fees. <br />PROGRAM/SUB-PROGRAM IMPACT: <br />City Council approval of fees, rates and charges supports the Finance, Accounting and <br />Tax administration sub -program goal of providing financial services in an efficient and <br />effective manner. It also supports the Governance and Administration goal to ensure the <br />City has the financial capacity to sustain Council adopted levels of service. <br />RECOMMENDATION: <br />Staff recommends approval of the proposed fees/fines for 2021. <br />ATTACHMENT(S): <br />1. Schedule of 2020 and 2021 City Council Fee Comparisons with Attachment 1 <br />2. Schedule of 2020 and 2021 City Manager Fee Comparisons with Attachment 1 <br />3. Calculation of Fee Inflator for Option 1 and Option 2 <br />4. Regional Comparison of Police Records Fees <br />STRATEGIC PLAN IMPACT: <br />®doot-Financial <br />Stewardship & <br />® <br />Reliable Core Services <br />Asset Management <br />❑ <br />Vibrant Economic <br />❑ <br />Quality Programs & <br />0 <br />Climate <br />Amenities <br />❑ <br />Engaged Community <br />❑ <br />10 Healthy Workforce <br />❑ <br />Supportive Technology <br />❑ <br />■ Collaborative Regional <br />Partner <br />FINANCE COMMITTEE COMMUNICATION <br />
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