Laserfiche WebLink
<br />City Council <br />Meeting Minutes <br />October 6, 2009 <br />Page 5 of 16 <br /> <br />Revenue increases will result in an additional $225,000 annually. Those <br />increases include: <br /> <br />· Eliminating the Sales Tax Vendor Fee - authorize vendors to withhold <br />33% of the tax they collect up to a maximum of $100 per return. <br />· Building Permit Valuation and Fees increase based on the valuation <br />tables. <br />· Implementing a Business License Registration Fee. <br />· Senior Services Membl3rship Fee - implementing a fee for residents and <br />non-residents. <br />· Recreation Center and Memory Square Pool increases to the fee <br />schedules. <br /> <br />Major Capital Projects (C-I-P) include: <br /> <br />· Downtown Drainageway "B" Outfall <br />· Equipment Replacement at the Wastewater Treatment Plant <br />· WWTP headwork <br />· Vehicle and Land Equipment Replacement <br />· Debt Service on Windy Gap Firming project <br />· City Shop Remodel <br />· Street Repairs <br />· McCaslin Interchange <br /> <br />General Fund Revenue Sourcl3s: <br /> <br />· Sales & Use Tax - 45% <br />· Property taxes - 18% <br />· Charges for Services - 12% <br />· Other Taxes - 11 % <br />· Intergovernmental- 7% <br />· Licenses & Permits - 4(Yo <br />· Interest & Other - 3% <br /> <br />General Fund Expenditure Uses: <br /> <br />· Public Safety - 31 % <br />· Cultural & Recreation - 30 % <br />· General Government - :24% <br />· Public Works - 15% <br /> <br />City Manager Fleming noted one item the City has no control over is the increase <br />in the Xcel Energy street lighting billing, which will go up $77,000. <br />