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Rgp�1pS pOLICIES <br />�• • � <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 Bources and uses of revenues to ensure ade- <br />quate funding for the various City sen ices and proqrams over <br />the long-term. <br />3. To ensure equitable .`:,nding of City programs and services. <br />.i� <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 saill recalculate the full costs of <br />activities supported by user fees, to identify the impact of <br />inflation and other a st increases. <br />. The City will sutomatically 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 depreci�:ion <br />of capital assets and each fund's share of the administr�tive <br />and general government costs incurred by the general <br />operating fund. <br />. The City will eet fees for other user activities, such as <br />recreation proqrams, at a level to move toward supporting 100 <br />percent of the direct and indirect cost of the activities. <br />m <br />