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190 <br />Revenue Policy <br />191 <br />192 <br />193 <br />Purpose <br />194 <br />195 <br />Ll <br />To provide a diversified and strong set of revenues to ensure a stable revenue systeni for <br />196 <br />City programs and services <br />197 <br />198 <br />L3 <br />To n-latch, revenues with similar uses to ensure adequate funding for the various City <br />199 <br />services and pro grani-s over the long-term <br />200 <br />Poliqy <br />201 <br />202 <br />Ll <br />The City will try to maintain a diversified and stable revenue system and to shelter it <br />203 <br />froni short run fluctuations in any one revenue source <br />204 <br />205 <br />Ll <br />Absent any outside legal restrictions, all Federal, State, County, or other govemmentid <br />206 <br />financial aids, should be formally designated, by resolutioll, towards a specific program <br />207 <br />or service. General purpose aids shall only be used for capitat or non-recurring <br />208 <br />expenditures and not for on-going operations. <br />209 <br />210 <br />El <br />Eaeb year the City will recalculate the full costs of activities supported by user fees, to <br />211 <br />identify the impact of inflation and :other cost increases, and will set those fees as <br />212 <br />appropriate. Fees will be established and adopted annually on, the Fee Schedule. <br />213 <br />214 <br />Li <br />The City will :set fees and user charges for each enterprise fund, such as water and <br />215 <br />sewer, at a level that fully supports the total direct and indirect cost of the activity. <br />216 <br />Indirect costs include the cost of annual straight life depreciation of capital assets and <br />217 <br />each furid's share of the adn-linistrative and general goveriu-nent costs 'incurred by the <br />218 <br />general operatinfy fund <br />219 <br />220 <br />L3 <br />Absent public policy reasons to the contrary,, the City will set fees and user charges for <br />221 <br />non-enterprise funds, at a level that fully supports the total direct and indirect cost oft le <br />222 <br />activity. Indirect costs include the cost of am-lual straight life depreciation of capital <br />223 <br />assets <br />224 <br />225 Implementation <br />226 The Budget accurately allocates the revenues and expenditures of City pr -ograms and services. <br />227 <br />N <br />