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<br />Policy <br /> <br />IJ The City will try to maintain a diversified and stable revenue system and to shelter it <br />from short run fluctuations in anyone revenue source <br /> <br />IJ Absent any outside legal restrictions, all Federal, State, County, or other governmental <br />financial aids, should be formally designated, by resolution, towards a specific program <br />or service. General purpose aids shall only be used for capital or non-recurring <br />expenditures and not for on-going operations. <br /> <br />IJ Each year the City will recalculate the full costs of activities supported by user fees, to <br />identify the impact of inflation and other cost increases, and will set those fees as <br />appropriate. Fees will be established and adopted annually on the Fee Schedule. <br /> <br />IJ The City will set fees and user charges for each enterprise fund, such as water and <br />sewer, at a level that fully supports the total direct and indirect cost of the activity. <br />Indirect costs include the cost of annual straight life depreciation of capital assets and <br />each fund's share of the administrative and general government costs incurred by the <br />general operating fund <br /> <br />IJ Absent public policy reasons to the contrary, the City will set fees and user charges for <br />non-enterprise funds, at a level that fully supports the total direct and indirect cost of the <br />activity. Indirect costs include the cost of annual straight life depreciation of capital <br />assets <br /> <br />Implementation <br />The Budget accurately allocates the revenues and expenditures of City programs and services. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Member <br />and upon a vote being taken thereon, the following voted in favor thereof: Roe, Kough, !hlan, <br />Pust and Klausing <br /> <br />and the following voted against the same: none. <br /> <br />WHEREUPON, said resolution was declared duly passed and adopted. <br />