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HomeMy WebLinkAboutEconomic Advisory Commission - Minutes - 01/06/2010Approved March 3, 2010 1 Minutes City of Fort Collins Economic Advisory Commission Regular Meeting 300 LaPorte Ave City Hall Jan 6, 2009 11-1:30 p.m. For Reference: Christophe Fabvre, Chair 227-0282 Mayor Doug Hutchinson, Council Liaison 416-2154 Mike Freeman, Staff Liaison 416-2259 Erin Gill, Minutes 221-6505 Commission members present: Christophe Febvre, Rick Price, Blue Hovatter, Tom Clevenger, Beena Bawa, Jim Clark, Bill Timpson, Stu MacMillan Commission members absent: Kevin Shaw Guests: Ann Hutchison, Fort Collins Chamber Dale Adamy, Air Quality Advisory Board member Staff Present: Mike Freeman, CFO Erin Gill, Minutes Agenda Item 1: Meeting called to order Meeting called to order 11:05 Agenda Item 2: Approval of minutes Unanimous approval of minutes dated Dec 2, 2009 Agenda Item 3: Public Comment None Agenda Item 4: Follow-up discussion regarding previous meetings Agenda Item 5: Member Updates/ Future Agenda Items Discussion and Vote (6 mo planning calendar) Tom Clevenger suggested following up on the Manufacturing Use Tax agenda item at the February meeting. Tom Clevenger encouraged the Commission to continue to consider City Budget Forecast Projections for 10, 20 and 30 years. The EAC is considering combining the City Budget Forecast Projections with City Plan once City Plan becomes available later this year. Financial Services 300 LaPorte Ave PO Box 580 Fort Collins, CO 80522 970.221.6505 970.224.6107 - fax fcgov.com Approved March 3, 2010 2 Agenda Item 6: Bicycle safety and economic development The following recommendation will be included in Council packets Feb 9, 2010: Rick Price motioned The Economic Advisory Commission, as part of our 2009 and 2010 Work Plans, has had discussions regarding the fact that Fort Collins has been recognized as a "bike friendly community" and that there is a positive economic benefit to this based on marketing and quality-of-life. In light of the pending February 9 Council work session on transportation safety, the EAC, at our January 6, 2010 meeting, discussed the issue of bicycle safety and education and the impact on the overall viability of being a "bike friendly community." It is in this context that the EAC has unanimously voted on and agreed to the following recommendation to Council: The EAC finds that Bicycle Safety Education is an important part of being recognized as a "bike friendly community," and that this recognition plays an important role in the Economic Health of Fort Collins. Accolades that Fort Collins receives as a great place to retire, work, raise a family or locate a business are jeopardized by twenty-five serious injuries or fatal bike/car crashes involving cyclists since 2007. Incidents such as these may seriously jeopardize our image as a bicycle friendly community and our ability to continue to receive such recognition. Therefore, we encourage you to ask staff to explore best practice solutions to take bicycle safety education to the community. Motion seconded by Tom Clevenger. The EAC unanimously passed the motion. Kevin Shaw abstained from voting since he did not attend. Agenda Item 7: Discuss tax diversification/policy Following are some points highlighting the diverse ideas exchanged among EAC members and Mike Freeman, City staff. • Is the EAC looking at de-emphasizing volatile revenue to replace it with more sustainable sources of revenue? • Alternatively, is the EAC looking at enhancing City revenue? • Is taxing national cell phone services a possible source of revenue? • How does Council view advertising City services as a source of revenue? • Will the City propose a sales tax increase in November? • How will City services be impacted without a sales tax increase? • Will tax support for low-income families create local community economic stability? • Can we look at raising sales tax but lower the grocery tax? Will lowering the grocery sales tax help low- income families? • Is taxing services a solution in the future and how does the Fort Collins community view this? • Should people using services outside their local jurisdiction be taxed? • Car rental or hotel tax increase in Fort Collins? Car rental tax is higher in surrounding communities. • When comparing Fort Collins, Co to other states the EAC needs to look at the overall tax burden of comparable communities in other states. For example, the state of WA does not have any income tax. • Should EAC recommend to Council that the City bring in a consultant to look at our tax revenue? • Gallagher issues make increasing property taxes difficult. • Assuming a sales tax increase may happen, the EAC may want to consider making a recommendation to Council regarding specifically where sales taxes may want to be increased i.e. sales, use, PILOT. • How is the City revenue affected by the local multiplier effect/locally owned companies/franchises? Approved March 3, 2010 3 In light of the current ideas and conversations, Bill Timpson will be ready to propose a motion regarding this subject at the next meeting Feb 3, 2010. Agenda Item 8: Next meeting times and location Next meeting is scheduled for Feb 3, 2010 11-1:30