Laserfiche WebLink
REVENUE POLICIES <br />PURPOSE <br />1. To provide a diversified and stable set of revenues to ensure <br />a strong revenue system for the City. <br />2. To match similar sources and uses of revenues to ensure ade- <br />quate funding for the various City services and programs over <br />the long-term. <br />3. To ensure equitable funding of City programs and services. <br />POLICY <br />The City will try to maintain a diversified and stable <br />revenue system to shelter it from short run fluctuations in <br />any one revenue source. <br />. The City will establish all user charges and fees at a level <br />related to the cost of providing the services. <br />Each year the City will recalculate the full costs of <br />activities supported by user fees, to identify the impact of <br />inflation and other cost increases. <br />The City will automatically revise user fees, with review of <br />the Council, to adjust for inflation. <br />. The City will set fees and user charges for each enterprise <br />fund, such as water and sewer, at a level that fully supports <br />the total direct and indirect cost of the activity. Indirect <br />costs include the cost of annual straight life depreciation <br />' of capital assets and each fund's share of the administrative <br />' and general government costs incurred by the general <br />operating fund. <br />The City will set fees for other user activities, such as <br />recreation programs, at a level to move toward supporting 100 <br />percent of the direct and indirect cost of the activities. <br />E-7 <br />