Laserfiche WebLink
Attachment A <br />Revenue Policy <br />Purpose <br />❖ To provide a diversi�ed and strong set of revenues to ensure a stable revenue system for <br />City programs and services <br />❖ To match revenues with similar uses to ensure adequate funding for the various City <br />services and programs over the long-term <br />Policv <br />❖ The City will try to maintain a diversified and stable revenue system and to shelter it <br />from short run fluctuations in any one revenue source <br />❖ 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 />❖ 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 cha�n. es �}e�€�s€�, and will set those fees <br />as appropriate. Fees will be established and adopted annually on the Fee Schedule. <br />❖ 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 estimated replacement cost of <br />e�capital assets and each fund's share of the administrative and general government <br />costs incurred by the general operating fund <br />❖ Absent public policy reasons to the contrary, the City will set fees and user charges far <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 />Implementation <br />The Budget accurately allocates the revenues and expenditures of City programs and services. <br />