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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 02/14/2006 - GENERAL FUND FINANCIAL STABILITY AND FUNDING ALTER DATE: February 14, soos WORK SESSION ITEM STAFF: Darin Atteberry FORT COLLINS CITY COUNCIL Diane Jones Ann Turnquist SUBJECT FOR DISCUSSION General Fund Financial Stability and Funding Alternatives GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED 1. What methods does Council wish to consider for closing the General Fund gap in the 2007 budget? a. Identify further expenditure and service reductions in the General Fund; b. Fund the gap with new revenues; C. A combination of new revenues and service reductions; or d. Fund the gap and restore service reductions or fund service enhancements with new revenues 2. If options requiring voter approval are to be pursued,which contingency(ies)does Council wish to consider implementing in the event voter approval is not secured? BACKGROUND The 2007 Budget was developed with the assumption that $2.6 million of General Fund revenue would be raised through the implementation of a Transportation Maintenance Fee (TMF). Councilmembers have asked staff to provide additional alternatives for balancing the 2007 General Fund budget. The purpose of this work session is to review funding alternatives, including implementation of a TMF. In a time when sales and use tax revenue projections are relatively flat and Council and staff are concerned with creating a healthy economic base, a variety of funding alternatives, in addition to the TMF, are offered for consideration. (See Summary Table 1 and Attachment 1) This issue is of critical importance to both Council and staff. By addressing issues related to the 2007 Budget early in the year, staff has ample time to consider several very credible options. Council will also be able to build upon the 2006-2007 Budget process by using the tools that have been developed using Budgeting for Outcomes (BFO) techniques. With a well developed understanding of the options available to Council,this discussion should help define the alternatives which should be pursued over the coming months. The opportunity to evaluate funding alternatives is particularly challenging because $5 million in cuts were made to the budget through the BFO process. A number of unmet needs exist in the 2006 -2007 Budget,including such items as Library funding,Police and Fire funding,and Transportation Services capital and operations funding. February 14, 2006 Page 2 General Fund Balance Alternatives Two general alternatives must be considered in balancing the 2007 General Fund budget: further reductions in expenses and services and additional revenue sources. During the 2006-2007 Budgeting for Outcomes process, over $5 million in expenditure and service reductions were implemented. Though additional service reductions can be identified through the BFO process and the various "drilling platforms," an exploration of revenue enhancements should be considered at the same time. (See Attachment 2) Potential new or increased revenue sources fall into two general categories: those which require voter approval under TABOR regulations (taxes) and those which may be set with City Council or City Manager approval (fees). Options requiring voter approval—November 7, 2006 Election Several funding options that may be considered by Council would require voter approval at the November 7,2006 General Election. These options require voter approval because they are defined as"tax increases"under TABOR regulations. The only 2006 election at which the City could seek voter approval is on November 7, 2006. In addition, the Colorado Library Law requires that an election to establish a Library District be conducted in November. Several of the tax increase options have the potential to increase City resources by more than the $2.6 million needed to balance the 2007 budget. Though the first$2.6 million of any new revenue would be used to close the funding gap in the 2007 budget, additional funds could be used to reinstate some of the cuts made in the 2006 budget or add/enhance services that Council desires to improve or expand. The deadline for resolving this issue is short. Revenue sources must be clearly identified by early fall in order to be allocated through the 2007 Exceptions Budget Process. In addition,the language of any ballot measure which would require voter approval at the November 2006 election must be finalized at the August 15, 2006 Council meeting,in order to meet the statutory deadline to certify ballot content to Larimer County. A clearly developed contingency plan for balancing the General Fund will need to be developed in the event that voters defeat the measure. Government Revenues: Fees vs. Taxes Concern has been raised in the community about the use of a TMF or other fees, with some people suggesting that the fee is actually a tax. The proposed TMF is considered to be a"Special Service Fee" under Colorado state law. State law gives the City the right to charge a service fee for the maintenance of roads, so long as the costs are fairly shared by all users. Though voters often do not distinguish between fees and taxes,policy makers should be aware of several key differences. Tax Definition: General taxes include both ad valorem taxes and excise taxes. An ad valorem tax is a tax on real or personal property and is based on the value of the property. The term"excise tax" has come to mean practically any tax that is not an ad valorem tax. An excise tax is imposed February 14, 2006 Page 3 on the performance of an act,the engaging in an occupation,or the enjoyment of a privilege. The payment of the excise tax is a condition of the act,event,or occurrence on which the tax is based. Examples include occupation taxes, lodging taxes, admissions taxes, etc. General taxes usually are raised for the purpose of funding the general cost of government, although in some special situations a general tax may be "dedicated" by language in the ordinance and/or ballot measure that authorizes the tax. (Example: Usually, a sales tax can be used for any government purpose, but the Building on Basics sales tax is earmarked for specific projects that were listed in the ballot when the tax was approved.) General taxes always require a vote of the people to be enacted or changed. Fee Defmition: A fee is a charge imposed on persons or property for the purpose of defraying the cost of providing a particular governmental service or public facility. Proceeds from fees cannot be used to fund general government activities. Fees come in several forms, such as special service fees (like the proposed Transportation Maintenance Fee and the former Transportation Utility Fee,)impact fees(such as the Street Oversizing Fee and the proposed Street Oversizing Capital Expansion Fee,) or user fees (Lincoln Center or EPIC charges.) Fees must not exceed the cost incurred by the local government in providing the service or facility. Fees should also be fairly apportioned among the fee payers, although "mathematical exactitude"is not required in formulating fees. Finally, the proceeds of the fee must be segregated and earmarked for the particular purpose for which the fee is imposed, and spent for that purpose. Fees may be imposed and adjusted by ordinance, without a vote of the electorate. Taxes and Fees Compared: A key difference between a fee,such as the TMF, and a tax is that the users of the streets pay amounts pronortionate to the amount they use the service. Residential users pay less than commercial users because each household generates a few trips per day, while a business generates many more. More trips cause more wear and tear on the roads, so the cost of maintaining the road can be tied to the level of use. A tax does not assume that any individual taxpayer or business uses the services that are being taxed. A tax for schools is levied on all residents,regardless of whether they use the public schools or not. There is no relationship between the user and the amount or application of the tax. Under Colorado law, a City tax change must be approved by the voters,while a fee change can be approved by the City Council or City Manager. February 14, 2006 Page 4 Timeline Highlights: Financial Stability- 2007 General Fund Budget February 14 Council Work Session Winter-Spring Citizen outreach re: funding alternatives Winter-Spring Work Session re: Library district, if under consideration Spring Finalize revenue projections for 2007 budget exceptions process April 11 Council Work Session re: Financial Stability August 15 Deadline for setting ballot languare Fall Council consideration of 2007 Exceptions Budget September 15 Complete policy development of any fee changes; allow for implementation time November 7 General Election ATTACHMENTS Summary Table 1 1. Detailed description of funding alternatives 2. 2007 Budget BFO Drilling Platforms 3. Community Park Utility Fee Calculation 4. Community Park Utility Fee Calculation with Urban Forest Data Included TABLE 1 Funding Options Summary--2007 General Fund February2006 Revenue Source Amount Yield to City Cost to Average Tax/Fee rate Household per Year needed to yield ($255,000 house) $2.6 million/year Expenditure and Various $2.6 million No financial cost; Various cuts Service Reductions lost services cost Library District 2.91 mills 2.91 mills x $20.30 per mill/year $5.6 million/year $1.9 million= $5.6 million/yr Matching current $3.5 million offset service levels existing G.F.plus ($1.9 million requires a levy of $2.1 million per mill/year) 2.91 mills or about additional $59.25 on a $255,000 revenuefor the Based on home Library District. proposed Library District Boundaries Property tax Mill 1 mill $1.4 million per $20.30 per mill/year 1.85 mills=$2.6 Levy Increase mill million 1.85 mills=$37.55 perhousehold/year average General Fund base V4 cent $5.6 million/yr. 12.5¢ -250 per$100 1/8 cent=$2.8 sales and use tax rate purchase million increase Transportation $1-2 per $1.4-2.6 $1 -2 per residential $2.6 million could Maintenance Fee residential million/year unit/month, $12-24 be generated with unit per year; cost to a$2 fee per commcrcial/industria residential unit 1 based on trip and commercial generation rates set with trip calculation generation data Public Safety and V4 cent $5.6 million/yr. 12.50 -250 per$100 Yields$2.6 Emergency Services purchase million to offset Tax existing G.F. shortfall,plus approx. $3 million for Public Safety enhancements PH OTs(Payments in 6% $742,000 $5.76 Electric Total of$1.42 Lieu of Taxes) Stormwater; Stormwater; $11.04 Stormwater million of needed 7% Electric $700,000 $16.80 Total/year $2.6 million gap Electric Parks Maintenance $3.30-4.70 $2.1 -3.0 $39.60-56.40/year Could cover$2.1 - Fee per household million/year 3 million of$2.6 er month million a Funding Alternatives Attachment 1 February 14, 2006 • Option 1: Expenditure and Service Reductions 1 In addition to considering raising additional revenue from any of a variety of sources, Council should also consider the option of making an additional $2.6 million in funding and service reductions for 2007. In considering this option, Council should review the funding priorities established through the Budgeting for Outcomes process during the 2006-2007 Budget process. The "Drilling Platforms" for each of the seven results areas identified service priorities and funding requirements. These lists of funding priorities should be used in identifying the programs which could be reduced or eliminated to yield at least $2.6 million in expenditure reductions. The final Drilling Platforms for 2007 are included as Attachment 2. • • City of Fort Collins--Funding Altematives Page 1 Funding Alternatives • February 14, 2006 Option 2: Implement Library District I Applies to: All taxable property in the District Annual Yield to General Fund $3.5 million Tax/Fee Amount 2.91 mills Approval Voter Approval required Annual Cost to Average $ 59.25 /year Household How does it Work? A Library District is a political subdivision of the state governed by a Board of Trustees that operates libraries within a region and is supported by property taxes. A Library District which includes unincorporated areas of the County may be established by • legislative action of the City and County together or by a petition(signed by 100 or more voters) submitted to County Commissioners and passed by the voters. Taxes for a District require approval of a majority of voters residing within its boundaries at a November election. The boundaries of the District could be the same as the Poudre School District boundaries. This would include approximately 200,000 residents or 56,000 households. The cost to provide the current level of services, reinstate services that have been cut and to operate a full service Southeast Branch would be about$5,600,000. A mill rate of 2.91 mills could be sought from voters in the District. This amount would yield approximately $5.6 million per year from the entire district. $3.5 million of current General Fund resources used to support the Library would thus become available for other uses. The Library District would yield enough revenue to cover current operating expenses plus additional revenue that could be used to improve services and provide for the operation of a future Southeast Branch Library. Who pays? Property owners (residential and commercial)throughout the District would see increased property taxes. Allocating the cost of library services to residents both inside and outside the City limits would more accurately apportion costs to the actual users of Library services. About 15%of Fort Collins Public Library cardholders live outside of Fort Collins but use City libraries without cost. In the past, the City assumed that non- residents provided some support for library services by paying sales taxes for purchases • in the City. However, non-residents do not pay City sales tax on automobiles or on City of Fort Collins--Funding Alternatives Page 2 Funding Alternatives • February 14, 2006 purchases delivered to their homes. With the development of new shopping centers in the area City sales tax revenue from non-residents is further compromised. History of Revenue Source in Fort Collins Fort Collins has not previously used a Library District for funding Library Services. 2004 Expenditures Personnel $2,963,674 Contractual Services $477,565 Commodities $616.211 Total $4,057,450 2004 Funding Sources General Fund $3,490,535 Donations $154,005 BCC Technology Funding 412 MID • Total Expenditures $4,057,450 Pros: Cons: • Allocates costs to residents throughout the • City governance of the District is limited to district,including County residents who do approval of District Trustees. not fully contribute to Library services • Diversifies the City tax base and reduces the • Voter approval required dependence on sales and use taxes • Provides stable,dedicated funding for • Must cover support services(maintenance, current library services and restores library insurance,Human Resources,legal,financial). services that have been lost due to budget shortfalls. • Could result in freeing up General Fund • Businesses pay a portion of the tax that is resources greater than the$2.6 million in higher than the share paid by residential 2007,therefore making funds available to properties because of the impact of the either enhance or restore services(police, Gallagher Amendment on apportioning the fire,or otherpropertytax burden. • Can provide funding for additional facilities Other levels of government may also want to such as a Southeast branch. impose a property tax,thus"crowding the field" • Property tax provides more stable funding during economic downturns and maintains a higher level of service than sales tax revenues offer. • All who benefit pay the cost to construct and operate the libraries. • City of Fort Collins--Funding Alternatives Page 3 Funding Alternatives • February 14, 2006 Option 3: Mill levy increase Applies to: All residential and commercial Dronertv Annual Yield to General Fund $1.4 million per mill Tax/Fee Amount 1.85 mills=$2.6 million Approval Voter Approval required Annual Cost to Average $20.30 per mill/year Household 1.85 mills=$37.55 per household/ eaz avers e How does it Work? The property tax is an ad valorem tax, meaning it is levied based on the assessed valuation of the underlying property. It is calculated by multiplying the mill levy by the • assessed valuation. (A mill is one-tenth of a cent; thus, each mill represents $1 in taxes for each $1,000 of assessed value.) The County Assessor determines property values and the City sets the mill levy. City charter limits the City's property tax levy to a maximum of 15 mills. It is presently set at 9.797 mills. Who pays? All property owners pay the tax. Residential and commercial properties pay the tax; renters of either residential or commercial property pay the tax indirectly through their rent payments. Under the Gallagher Amendment approved by voters in 1982, the residential assessment rate is adjusted so that the tax burden of residential real property, statewide, remains nearly the same as in the prior year, despite market value changes. Adjusted using the Gallagher Amendment formula, the residential assessment rate has decreased substantially since 1982 from an average statewide of 21%to approximately 8%today. History of Revenue Source in Fort Collins For 2006, the City expects to receive $14 million in property tax. The majority of the tax (67.09% according to the Revenue Allocation Formula plus one full mill) will be • transferred to the Poudre Fire Authority to support fire protection services. The remainder of the property tax is used to pay for other services supported by the City's General Fund. In previous years, the City had earmarked some property tax revenues by City of Fort Collins--Funding Alternatives Page 4 Funding Alternatives • February 14, 2006 policy for specific purposes including debt service on general obligation bonds, for pension programs, and other uses. The proceeds are no longer designated for specific purposes since the repayment of park bonds and the funding of pension plans has been completed. Due to restrictions in the State Constitution on property valuation and taxation, the amount of tax paid by the owner of an average house in Fort Collins has remained fairly low over the last ten years. As total valuation in the state has increased, the Gallagher amendment forces the assessment ratio for residential property to decrease. The calculation below shows the City property tax on a typical Fort Collins house. Actual Value $255,000 Times assessment ratio x 7.96% =Assessed Value $ 20,298 Times Mill Levy 9.797 mills per$1,000 =City Property Tax $198.85 per year The City's property tax mill levy rate has not changed since 1991. • Pros: Cons: • Yield from property taxes is fairly stable Can affect low-income more than high-income and predictable over time and be considered to be a regressive form of taxation • It provides a stable source of revenue. 2 Property taxes sometimes discourage reinvestment in properties because improvements or renovations result in additional property taxes • Administration and collection methods are • Lump-sum taxes are often harder for taxpayers already in place,and are easy to administer. to R!y than monthly fees or sales taxes • Property taxes are allowed as an itemized • Because the property tax is also levied by deduction for federal tax purposes Larimer County and Poudre School District, citizens may not correlate taxes paid to the City with the services which they receive from the city. • Viewed quite favorably by credit rating • Businesses pay a portion of the tax that is agencies higher than the share paid by residential properties because of the impact of the Gallagher Amendment on apportioning the propertytax burden. • It taxes nonresident property owners who • Other levels of government may also want to benefit from locally provided services. impose a property tax,thus"crowding the field" • The tax is difficult to evade,making enforcement relatively easy for the tax collectors. • City of Fort Collins--Funding Alternatives Page 5 Funding Alternatives • February 14, 2006 WHAT DOES A CITY PROPERTY OWNER PAY? 2006 Property Tax Based on 2005 Assessment MILL LEVY CITY COUNTY' SCHOOL DISTRICT' OTHER TOTAL 9.797 22.683 50.715 3.167 86.362 • 11.3% 26.3% 58.7% 3.7% To illustrate the City property tax portion payable in 2006 by an individual owning a home valued at$200,000 and a business owning property valued at $600,000: Based on current Colorado statutes, residential property is assessed at 7.96% of its actual value and commercial and industrial property is assessed at 29%. ACTUAL VALUE ASSESSED VALUE $ 200,000 X .0796 = $ 15,920 $ 600,000 X .2900 = $ 174,000 The 2006 City mill levy is 9.797 mills based on the 2005 assessed value of property (a mill equals one dollar for every thousand dollars of assessed valuation). ASSESSED VALUE MILL LEVY CITY PROPERTY TAX • $ 15,920 X .009797 = $ 155.97 $ 174,000 X .009797 $1,704.68 City of Fort Collins--Funding Alternatives Page 6 Funding Alternatives • February 14, 2006 Option 4: General Fund base sales and use tax rate increase I Applies to: All taxable sales with the City plus transactions covered by use taxes Annual Yield to General Fund '/<cent=$5.6 million per year Tax/Fee Amount 1/8 cent would yield enough to close General Fund gap Approval Voter approval required Annual Cost to Average 12.5¢per$100 purchase for 1/8 cent Household 25¢ per$100 purchase for''/<cent How does it Work? A sales tax is levied on general retail sales of tangible personal property. The total sales tax in Fort Collins is currently 6.7% (2.9% state, 3% city and 0.8% county.) Sales taxes can be dedicated (earmarked for a specific purpose) or non-dedicated (proceeds flow into the City's general fund.) In Fort Collins, 2.25% of the 3% sales tax is non-dedicated and • 0.75% is dedicated to specific projects or programs (BOB, Pavement Management and Open Space, Yes). A use tax is generally levied on the retail purchase of tangible personal property which is purchased outside the taxing jurisdiction, but stored, used, or consumed within the jurisdiction. The use tax is often levied in conjunction with the sales tax to prevent "border-hopping"purchasing. The use tax is a complement to the sales tax. Most Use tax keeps businesses within local boundaries, and "protects" them from businesses outside the local boundary which could have a tax-avoidance competitive advantage (i.e., reduces the business incentive to relocate outside the taxing jurisdiction to avoid a sales tax) Who pays? The sales tax is paid by both residents who make purchases within the City and visitors from surrounding areas who shop in Fort Collins. Use taxes are paid on items purchased for use within the City, but which do not pay a sales tax. History of Revenue Source in Fort Collins The City has had a general sales tax since 1968. The current base rate is 2.25%. Though the tax rate has not increased since 1982,revenue growth has lead to significant growth in • revenues. Despite the fact that the rate has not changed,revenue has in the past been adequate to address service needs and expand. City of Fort Collins--Funding Alternatives Page 7 Funding Alternatives • February 14, 2006 In addition to the base rate of 2.25%, since 1973 voters have approved a series of dedicated sales taxes, currently including three '/4 cent dedicated to specific projects or programs (BOB, Pavement Management and Open Space,Yes). City Sales Tax Rate Comparison City Percentage rate Broomfield 4.15 Northglenn 4.00 Westminster 3.85 Aurora 3.75 Thornton 3.75 Castle Rock 3.60 Cherry Hills Village 3.50 Denver 3.50 Englewood 3.50 Greeley 3.46 Average=3.39% Arvada 3.46 Median=3.46 % Boulder 3.41 • Windsor 3.20 Lakewood 3.00 Littleton 3.00 Loveland 3.00 Longmont 2.95 Colorado Springs 2.50 Note: Does not include RTD and Colorado Springs RTA taxes of 1016, Cultural and Football District taxes or county sales taxes. Pros: Cons: • Good increasing source for a growth • Can affect low income more than high-income, community,closely tied to economic cycle particularly since services are tax-free and low- income families buy more commodities than services. In Fort Collins,food and prescriptions are exempt from sales taxes. • Revenues keep pace with inflation • Higher relative tax rates may encourage buyers to shop out of city limits or to shop via the intemet • Administration and collection methods are • Other levels of government may also want to already in place imnose a sales tax thus"crowdin the field" • Revenues accrue from non-residents and • Difficult to enforce the tax for purchases tourists outside the city on anything other than major items(motor vehicles,building materials, • manufacturing equipment),or items bought through non-commercial activity City of Fort Collins--Funding Alternatives Page 8 Funding Alternatives • February 14, 2006 • Use taxes reduce the incentive for local • Since a significant portion of use tax businesses to locate outside a taxing collections depend on expenditures for building jurisdiction to escape the sales tax. Also,a construction material and motor vehicles—two use tax offers a degree of protection to the sectors of the economy that vary with local local merchant whose goods are subject to economic conditions—use tax revenues are sales tax. cyclical and more difficult to project over time. • Financial impact to individuals is diluted over many small transactions • The tax is now deductible from federal income taxes for eligible taxpayers • • City of Fort Collins--Funding Alternatives Page 9 Funding Alternatives February 14, 2006 Option 5: Transportation Maintenance Fee Applies to: All residential and commercial properties,based on trip generation data Annual Yield to General Fund $1 million- $2.6 Million Tax/Fee Amount $1 —2 per month,per residential unit Approval Council approval required Annual Cost to Average $12-$24 per year Household How does it Work? The proposed Transportation Maintenance Fee (TMF) would be a charge on City utility bills for maintaining City streets, sidewalks and bike lanes. Maintenance includes such work as keeping pavement surfaces in good condition, performing seal coats as needed, repairing potholes and cracks, repaving and other work to keep our transportation system safe. This work is done to maintain the community's investment in transportation • infrastructure. The revenue from the fee could not be used for anything except street maintenance. Each residential unit would be charged a flat dollar amount ($1-2 per month) for the fee. Commercial, industrial and institutional properties are assessed a fee based on trip generation data—land uses which generate more trips are charged a higher fee than those which generate fewer trips on the transportation system. This "nexus" or direct relationship between the fee and the amount that a user utilizes the service is a key aspect of developing the fee. Who pays? The basis of this fee is to charge users of the City's transportation system for its maintenance. By charging a fee for the cost of maintenance, a portion of the system would be funded by the parties most frequently using the streets and most directly benefiting from its maintenance. The fee would be based on the actual cost of maintaining the system, including City streets, bike lanes, sidewalks and medians. The fee would be allocated to different users based on the average number of trips each type of user takes in a day. This results in a fee structure in which users pay in rough proportion to the extent they use the system. For example, users who add 10 trips per day to the transportation system pay a fee much lower than those user types (i.e. high traffic businesses) that average 300 trips per day. • This trip generation theory is similar to the method used to calculate street oversizing City of Fort Collins--Funding Alternatives Page 10 Funding Alternatives February 14, 2006 • fees, and has also been recognized by courts as a fair and legally appropriate way of apportioning costs. Loveland's Example: City Staff has not yet pursued developing a detailed proposal for the Transportation Maintenance Fee that includes specific fee schedules for various uses. In 2000, the City of Loveland established a Street Maintenance Fee which is charged to all properties within the Loveland city limits. As an example of one method of setting these fees, Staff' collected information about the methodology used for Loveland's fee. Loveland assumes that 68% of trips are generated by non-residential uses, and uses property acreage as a part of its fee calculation. Both of these assumptions will be key parts of the policy development process if the City of Fort Collins pursues implementing a Transportation Maintenance Fee. Both assumptions have a significant impact on the ultimate cost of the fee to various properties. Several other theories regarding the apportionment of costs should be considered. Residential units in Loveland pay $1.40 per unit per month. Other property types pay a fee based on the use of the property. These uses tie to trip generation data to determine the property's relative share of the cost of maintaining the transportation system. Commercial, industrial and institutional uses are divided into seven categories. Following are some examples of the fees charged to various types of properties under • Loveland's model. City of Loveland—Street Maintenance Fee Examples Land Use Category Sample property Gross acreage Monthly Fee Retail accounts Target 9.1310 $499.56 K-Mart 5.7551 $314.86 Institutional Lutheran Church 1.8600 $ 33.61 Mountain View H. S. 45.716 $826.09 Industrial Brayden Automation .9150 $ 12.74 Hach 17.93 $249.59 High Traffic Retail Long's Peak Credit Union .8700 $121.14 Sonic .8160 $113.62 Commercial Chamber of Commerce 5.0089 $ 90.51 The Group Inc 2.1630 $ 39.09 Mixed Use Dental Office(office+ 1 residential unit) $ 5.55 World Beverage(store+ 2 residential units) $ 26.44 • Misc. Retail Gregory Electric 2.1600 $ 76.83 Viegut Funeral Home .3096 $ 11.02 City of For[Collins--Funding Alternatives Page I 1 Funding Alternatives February 14, 2006 • History of Revenue Source in Fort Collins The Transportation Maintenance or Transportation Utility Fee has a long history in Fort Collins, dating back to its adoption by City Council in 1988, and a subsequent review of the fee by the Colorado Supreme Court. A court challenge regarding the ability of the City to levy such a fee was made and the case was argued at the Colorado State Supreme Court. In the case, the court found that the fee was not a property tax, excise tax or special assessment, but rather a special service fee. Though the fee was upheld, the City did not implement the fee at that time. More recently, other cities have used a Special Services Fee and those fees have been found to be appropriate despite challenges regarding the application of the TABOR amendment requirements on the imposition of a fee. A recent Court of Appeals decision reaffirms a home rule city's ability to impose a special service fee and to do so without a TABOR vote as long as: (1) the fee is imposed on persons or property to defray the costs of a particular government service, and not the general expenses of government; (2) the amount generated by the fee must be reasonably related to the overall cost of the service; (3) the methodology used to determine the amount paid by individual fee payers has a rational basis; and (4) revenues generated by the fee are segregated and used only for the purpose for which the fee was imposed. • An additional concern has been raised that the City is transferring the "tax" liability for services to fee payers. Adopting the TMF would, in fact, shift part of the cost of street maintenance from the general citizenry to those who use the streets most often and most heavily. Several discussions were held during the budget process suggesting that citizens are already burdened with too many fees that support general government services. If Council adopts the TMF, it would be the City's only special service fee that is imposed on a City-wide basis for a general government service. The other general fund fees are either impact fees paid by developers to offset the impacts of their developments, or user fees paid by individuals who use City facilities (such as EPIC or the Lincoln Center), or who use services such as those involved in processing permit and license applications. Pros: Cons: • Provides a stable and predictable funding • May be perceived as a tax increase source for a basic City service • Shift part of the cost of street maintenance • Costs are distributed more heavily to certain from the general citizenry to those who use businesses,especially those which generate the streets most often and most heavily. high traffic volumes • Ensures that both the portion of the program • Voters approved a'/.cent sales and use tax funded by the Street Maintenance sales tax extension for pavement management in April and the general fund portion of the program 2005. This may appear to be double-dipping have adequate finding fimding levels • • Doesn't require voter approval so could be • Some businesses may perceive that they pay a implemented in timely manner for 2007 disproportionate share of the cost Budget year. City of Fort Collins--Funding Alternatives Page 12 Funding Alternatives February 14, 2006 • • Relatively easy to implement via existing • Increases utility bills utility bills • • City of Fort Collins—Funding Altematives Page 13 Funding Alternatives February 14, 2006 • Option 6: Public Safety and Emergency Services Tax Applies to: All taxable sales with the City plus transactions covered by use taxes Annual Yield to General Fund '/4 cent=$5.6 million per year Tax/Fee Amount 1/8 cent would yield enough to close General Fund gap ($2.8 million) Approval Voter approval required Annual Cost to Average 12.5¢per$100 purchase for 1/8 cent Household 25¢per$100 purchase for %4 cent How does it Work? The City could seek voter approval for a Sales and Use Tax increase with the proceeds dedicated to Public Safety and Emergency Services. The tax revenue could be used to offset current General Fund contributions to Police Services, plus provide additional revenue for service enhancements. These enhancements could be either for additional Police Services or as additional revenue for meeting the Poudre Fire Authority's funding • needs. Who pays? Fort Collins has used dedicated sales taxes in the past, but all have been for specific capital projects or improvements to capital assets rather than for providing operating Rinds for a service. Four other cities in the area have sales and use taxes dedicated to funding for public safety programs. They include: .15% in Boulder .21%Arvada .25%Aurora for Police Staffing .60%Westminster for Public Safety Pros: Cons: • Dedicated funding source provides more • The first$2.6 million would be needed to offset continuity of funding for a basic service current General Fund expenditures in public health and emergency services,resulting in less actual new resources for these oses • Would result in freeing up General Fund • Difficult message to convey to voters,since a resources greater than the$2.6 million in portion of the dedicated funds would be used to 2007,therefore making funds available to offset existing funding sources either enhance or restore public safety and emergency services • May allow additional funding for police • staffing,support of medical emergency response,PFA strategic plan,etc. City of Fort Collins--Funding Alternatives Page 14 Funding Alternatives February 14, 2006 • Option 7: PILOTs (Payments in Lieu of Taxes) I Applies to: All City Utility customers Annual Yield to General Fund $1.4 million Tax/Fee Amount 1%addition to Electric PILOT, 6% increase to Stormwater fees Approval Council Approval Required Annual Cost to Average $5.76 Electric Household $11.04 Stormwater $16.80 Total How does it Work? PILOT stands for "Payment in Lieu of Taxes." The PILOT is paid to the City's General Fund in place of revenue the City would receive in property taxes,use taxes and franchise • fees if a privately owned utility provided these services in the City. These payments are part of the General Fund revenue that support general City services, including police, fire, library and parks. As required by City Charter and City Code, a 6%PILOT is included in all electric, water, and wastewater rates. Staff has examined the City's existing PILOTS to compare the rates charged to other utilities in the area. While the 6% PILOT for the Water and Wastewater Utilities are comparable to others regionally, the Electric PILOT could be increased by 1%to a rate of 7% while remaining regionally comparable. A 1% increase in the Electric Utility PILOT would yield approximately$700,000 per year. These funds could be used to help support General Fund services as defined by City Council. The City's Stormwater Utility is currently not assessed a PILOT. While Stormwater Utilities are less common than Water, Wastewater and Electric Utilities, others do exist regionally. By charging a 6% PILOT to the Stormwater Utility, approximately $740,000 per year could be provided to support General Fund services. Who pays? All city utility rate payers would be assessed the additional PILOT. An additional 1% would be added to the PILOT for Electric utility customers, and a 6% PILOT would be • added to Stormwater Utility customer bills. All or a portion of the rate increase may be absorbed under current utility rates. City of Fort Collins--Funding Alternatives Page 15 Funding Alternatives February 14, 2006 • History of Revenue Source in Fort Collins PILOTS have been charged to City utility customers since at least the 1954 Charter was approved. Since 1988, the amount of the PILOTS has been set by ordinance, with a rate of 5% from 1989-1997, increasing to 6% from 1997 to the present. Currently, the City's charter provides that: "If the utility is subject to a payment to the general fund in lieu of taxes and franchise fees, an estimate shall be made of the amount of taxes and franchise fees that would be chargeable against such utility if privately owned, and the amount of such payment, as determined by the Council under Article XII, Section 6 of this Charter, shall be charged against the utility fund." (Charter Article V, Section 23) In 2006, the existing PILOTs are estimated to generate about $6,954,000 for the General Fund. Pros: Cons: • • Provides a stable and predictable additional • All utility customers would be affected,thus revenue source for General Fund needs the PILOT may be regressive • Is competitive with other Electric rates in • May be perceived as a tax increase the private and public sector • All or a portion of the PILOT may be able to be absorbed in current utility rates • Pays for the City services used by the utilities just as paid by other businesses or enterprises: Police,street maintenance, planrung etc. • City of Fort Collins--Funding Alternatives Page 16 Funding Alternatives February 14, 2006 • Option 8: Community Park Maintenance Fee Applies to: All residential properties Annual Yield to General Fund Could cover$2.1 million of$2.6 million gap Tax/Fee Amount $3.30 per household per month; Alternative with Forestry: $4.70/month Approval City Council approval required Annual Cost to Average $39.60/year Household or $56.40/ ear How does it Work? • The City of Fort Collins is developing a park system based on a standard of 7 acres of parkland per 1,000 population. Our progressive neighborhood and community park impact fees provide a very effective source of funding to build our parks as our community grows. The difficulty is finding sufficient, ongoing General Fund dollars to maintain our parks. The Parks Division has developed a funding option to alleviate the need for General Fund money to fund maintenance of the City's community parks. The community parks are the City's largest and most actively used parks. They provide a community-wide benefit and the cost to maintain them is an appropriate basis for a community-wide fee. Who pays? The following chart is an example of the monthly cost to citizens if this fee was put into place. The fee is based on the number of City residential electrical utility accounts. The example is based on a 2% utility account growth rate and a 3% inflation rate. The fee would pay for the annual maintenance of current community parks and would create a funding source for future community parks scheduled to be built over the next 15 years. The community parks portion of the park system would be completed at this time unless growth boundaries were changed. The fee in this example includes major renovations and repairs and equipment replacement. It does not include forestry costs for the park sites. Alternative Calculation: • Another option which could be considered in calculating this fee would be to add an additional amount to the fee for the maintenance of the City's Urban Forest. Similar to City of Fort Collins--Funding Alternatives Page 17 Funding Alternatives February 14, 2006 • Community Parks, the entire community benefits from our maintenance of the urban forest and the cost of this service is currently funded by the General Fund. This would $1.40 per month per household to the Community Park Maintenance Fee. At a total rate of$4.70 per month, a Community Park Maintenance Fee would yield $3 million per year and close the 2007 funding gap completely. See Attachment 5. History of Revenue Source in Fort Collins This fee has not previously been used in Fort Collins. Pros: Cons: • Provides a stable and predictable funding • May be perceived as a tax increase source for parks maintenance(and forestry) needs • Frees up funds to balance the 200-General • Increases utility bills Fund • Doesn't require voter approval so could be implemented in timely manner for 2007 Budget vear. • Relatively easy to implement via exMni­ utility bills • • City of Fort Collins--Funding Alternatives Page 18 � C b Y pp Op N ti d m ;d N OD • .ao '� doo wm o •� o eo °cam oLD ° OR o o 'F y O �p �y .� � •N O p O O C v 73 00i 0 0 y > ao v « w d F � ° •F O y � � W O p U c0� r0 q a> ww. CDlag o C o. q a°i � d � .y '� 'o �'� '�' � o '� !� � ab °' agi •8 o v ° o b L va s5 r7 » d rs ° -2y2w° C o w .,p q ? « ._ P. d •Cm ❑ `^' d F�F U 'C � N 0• S ^ O o m g N �q _ c•Y°a s°` � o��N .00f °y aq ^ au'$° .nY '6, `° d °aw '&a .�i ° aqY° C « g m gga bo.cy Cp.F w . O O � m C y > 7 W N > u = m c .°y.. 0 ° ° 091 H �v .Ft700 ° 3 " Ao7 '� my ° s ° tjOY � ° pv ° 0 0 o � U • � m° e d d w C 0 u .1 •°i a 7 W o U ae a¢ ATTACHMENT ECONOMIC HEALTH DRILLING PLATFORM 2007 Budget One-time Ongoing Transportation Recreation Light & Power Water Wastewater Storm Drain. Offer Offer Funding Offer General Fund Restricted General Fund 410 Fund 412 Fund 501 Fund 502 Fund 503 Fund 504 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Restricted Restricted Restricted Restricted Restricted Restricted 490 Economic Program Leadership 303,831 303,831 240,000 Vendor Fee 63,831 331 Economic Vitality Sustainability: Targeted Business Study 28,863 28,863 28,863 226 Economic Vitality Sustainability: Long Range Planning 469,964 (150,000) 101 fund 319,964 319,964 350 Economic Vitality Sustainability: Business Data and Support Svcs 189,329 189,329 189,329 287 Financial Tools 74,486 74,486 74,486 324 Cultivating Partnership Opportunities 240,170 240,170 240,170 409 Urban Renewal Authority 106,741 (44,000) 101 SI 62,741 62,741 408 Development Review Center 3,270,723 (145,857) 410fund 3,124,866 413,724 DTS Fees 1 ,428,324 461 ,155 23,971 46,611 46,611 178,606 669 Engineering Development Review Fees - NEW REVENUE 525,864 411 Downtown District Maintenance 935,012 935,012 150,500 Parks Fees 784,512 685 Community Branding & Cultural Marketing 45,000 (45,000) 101 fund 0 0 537 Economic Marketing and Strategic Public Relations 62,071 62,071 62,071 473 Fort Collins Business Incubator 40,000 40,000 40,000 351 Convention and Visitors Service 425,000 425,000 425,000 Lodging Taxes 0 428 Police - Patrol - District One Substation - Basic 587,161 587,161 587,161 634 Fort Collins/Windsor Southeast Subarea Plan 0 0 0 0 254 North College Avenue Urban Renewal Plan Citizens Advisory Group 28,348 (28,348) 101 SI 0 0 Funded Offers 6,806,699 (413,205) 6,393,494 1 ,229,224 3,881 ,452 987,019 0 23,971 46,611 46,611 178,606 Allocation 3,881 ,452 1 ,001 ,451 0 24, 196 47,015 47,015 180,313 Difference 0 14,432 0 225 404 404 1 ,707 607 Special Event/ Tournament Coordinator 188,908 188,908 88,908 100,000 597 Office of Human Capital Development 65,719 65,719 65,719 481 Capital Improvement Program 74,458 74.458 74,458 307 Visitor Profile Study 0 0 0 693 Enhanced Urban Renewal Authority Support - Urban Renewal Planner 39,961 39,961 39,961 Unfunded Offers 369,046 0 369,046 0 269,046 0 100,000 0 0 0 $ - Total Offers 7, 175,745 (413,205) 6,762,540 1 ,229,224 4, 150,498 987,019 100,000 23,971 46,611 46,611 178,606 Offers for New Revenue 525,864 1 of ENVIRONMENTAL HEALTH DRILLING PLATFORM 2007 One-time Ongoing Light & Power Water Wastewater Storm Drain. Nat. Areas Trans. Self Ins. Offer Offer Funding Offer General Fund Restricted General Fund 501 Fund 502 Fund 503 Fund 504 Fund 406 Fund 410 Fund 551 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Restricted Restricted Restricted Restricted Restricted Restricted Restricted 448 Utilities - Continue to provide water service to City water utility customers 25,044,579 25,044,579 25,044,579 317 Utilities - Continue to provide wastewater service to wastewater utility customers 17,312,094 17,312,094 17,312,094 191 Utilities - Collection System Replacement Capital Project 855,000 865,000 865,000 325 Natural Areas Program - Resource Management 1 ,348,571 1 ,348,571 1 ,348,571 288 Natural Areas Program - Land Conservation 3,811 ,742 (976,000) 406 fund 2,685,930 2,685,930 (149,812) 406 fund 140 Utilities - Water Reclamation Replacement Program Capital Project 863,000 863,000 863,000 367 Natural Areas Program - Management 1 ,154,331 1 ,154,331 1 ,154,331 330 Utilities - Distribution System Replacement Capital Project 735,000 735,000 735,000 134 Utilities - Water Production Replacement Program Capital Project 500,000 500,000 500,000 165 Utilities - Halligan Reservoir Enlargement Capital Project 13,758,000 (13,758,000) 502 fund 0 311 Climate Wise 158,183 158,183 25,000 133,183 139 Utilities - Sludge Disposal Improvements Capital Project 125,000 125,000 125,000 135 Utilities - Southwest System Improvements Capital Program 400,000 400,000 400,000 166 Utilities - Water Supply Development Capital Project 100,000 100,000 100,000 370 Waste Reduction & Recycling 286,801 286,801 286,801 286 Air Quality Improvement 259,050 259,050 259,050 541 Environmental Regulations Compliance Management for All City Departments 46,562 46,562 46,562 272 Natural Resources Department Administration - Environmental Planning 115,525 115,525 115,525 221 Utilities - Collection System Study Project 50,000 50,000 50,000 237 100% Use Of Clean Burning Bio-Diesel 30,842 30,842 30,842 499 Basic Street Sweeping 374,541 374,541 374,541 459 Utilities - Meter Add, Replace, Rehab - 2007 854,500 854,500 854,500 678 Mosquito Control Services for West Nile Virus 253,065 (149,790) 101 fund 11 ,489 11 ,489 (91 ,786) 406 fund 701 Restore Street Sweeping 115,940 115,940 115,940 Funded Offers 68,552,326 (15,125,388) 53,426,938 0 717,218 133,183 27,634,079 19,205,094 127,429 5,188,832 374,541 46,562 Allocation 717,219 134,171 32,049,876 20,631 ,524 127,429 5,188,832 374,541 47,011 Difference 1 988 4,415,797 1 ,426,430 0 0 0 449 298 Master Home Environmentalist - 25,922 (25,922) 101 fund 0 500 Alley Dust Control Pilot Program 30,000 (30,000) 101 fund 0 Unfunded Offers 55,922 (55,922) 0 0 Total Offers 68,608,248 (15,181 ,310) 53,426,938 0 717,218 133,183 27,634,079 19,205,094 127,429 5,188,832 374,541 46,562 1Of1 CULTURAL, RECREATION AND EDUCATION DRILLING PLATFORM 2007 One-time Ongoing Neigh Parkland Con Trust Nat Areas Cult Svcs Recreation Golf Cemeteries Perp Care Capital Exp Offer Offer Funding Offer General Fund Restricted General Fund 401 Fund 403 Fund 406 Fund 411 Fund 412 Fund 508 Fund 413 Fund 415 Fund 307 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted 106 EPIC: "Liquid and Frozen Assets' 2,109,420 (40,000) 412 fund 2,069,420 200,071 1 ,818,349 106 NEW REVENUE 51 ,000 131 Essential Library Services: Enriching the Life of our Community, One Person at a Time 4,011 ,153 4,011 ,153 160,000 Library Donations 3,851 ,153 109 Youth Sports: "Kids Unplugged!" 315,252 (7,000) 412 fund 308,252 8,562 299,690 100 Youth Recreation Opportunities (ages 15 months to 12 years) 223,611 223,611 37,561 178,050 100 NEW REVENUE 8,000 610 Lincoln Center Offer 3,293,026 (50,000) 101 fund 3,243,026 872,295 2,370,731 108 City Park Summer Fun: "Trains, Boats and Water Floats" 286,676 286,676 211 ,676 108 NEW REVENUE 75,000 101 Northside Aztlan Community Center 850,476 (24,000) 412 fund 826,476 570,554 180,922 101 NEW REVENUE 75,000 95 The YAC - Safe Place for Kids 500,909 500,909 396,679 104,230 104 Recreation Scholarship Support: "Everyone Participates" 110,000 (35,000) 101 fund 75,000 75,000 112 RAFT (Registration and Financialrrechnology): We Keep Recreation Afloat! 223,168 223,168 198,168 25,000 328 Special Event Support 57,000 57,000 57,000 111 Recreation Communications, Marketing, and Public Outreach 142,372 142,372 142,372 609 Operation, Maintenance and Administration of City Owned Golf Courses 2,554,525 (15,908) 508 fund 2,538,617 2,538,617 615 Cultural Development & Programming Account (Fort Fund) 185,954 185,954 185,954 Lodging Taxes 345 Cultural, Library, Recreations Services Administration 185,017 185,017 185,017 102 Recreation-Al-Your-Door (RAD) Van program 61,934 61 ,934 61 ,934 415 Community Parks Maintenance 2,508,924 2,508,924 14,000 Parks Fees 2,105,924 300,000 415 89,000 Parks Fees 414 Neighborhood Park Maintenance 1 ,717,660 1 ,717,660 1 ,717,660 159 Museum Program 576,220 (27,500) 411 fund 548,720 497,155 51 ,565 86 Down on The Farm 318,440 (13,500) 412 fund 304,940 149,594 124,226 86 NEW REVENUE 31 ,120 358 Computer and System Support for Cultural, Library, and Recreation Services Divisions 167,018 167,018 167,018 199 Operating and Maintaining City Owned Memorial Parks 722,376 (627) 413 fund 721 ,749 206,604 441 ,533 73,612 369 Maintenance of City Owned Hard Surface Trails 221 ,062 221 ,062 149,277 71,785 179 Senior/Adult Programs - "Ageless and Awesome" 1 ,391 ,640 (7,000) 412 fund 1 ,384,640 591 ,240 758,400 179 NEW REVENUE 35,000 344 Urban Forest Management 948,647 948,647 35,000 Forestry Donations 913,647 273 Natural Areas Program Public Improvements 2,109,770 2,109,770 2,109,770 143 Recreational Trail Development 1 ,080,512 (1 ,070,612) 403 fund 9,900 9,900 176 Adaptive Recreation: "Ifs All About Access" 196,788 (67,056) 412 fund 129,732 99,162 24,569 176 NEW REVENUE 6,000 107 Mulberry Pool 366,968 366,968 72,907 217,061 107 NEW REVENUE 77,000 110 Adult Sports: "Maintaining Youthfulness through Play" 297,921 297,921 297,921 177 Pottery: "Earth, Glaze & Fire" 78,363 (274) 412 fund 78,089 74,384 177 NEW REVENUE 3,705 244 Natural Areas Education/OutreachNolunteer Coordination 240,918 240,918 240,918 182 Recreation Reserves: 'Pay Now or Pay Later" 249,045 (249,045) 412 fund 0 423 Gardens on Spring Creek and Associated Community Horticulture Program 292,307 292,307 292,307 141 Neighborhood Park Development 1 ,163,007 (150,000) 401 fund 1 ,013,007 1 ,013,007 149 Spring Canyon Community Park Development 279,366 (29,366) 307 fund 250,000 110,000 Parks Fees 140,000 620 Art in Public Places Program Offer 132,440 (132,440) 411 fund 0 303 Home Run Program 1,000 1 ,000 1 ,000 433 Picnic Rock Maintenance 18,500 (18,500) 101 fund 0 Funded Offers 30,189,385 (1 ,937,828) 28,251 ,557 593,954 13,619,861 1 ,013,007 521 ,685 2,350,688 2,422,296 4,676,303 2,538,617 441 ,533 73,612 0 Allocation 13,619,861 1 ,811 ,901 1 ,150,000 2,350,688 2,422,296 4,763,766 2,550,171 441 ,533 124,000 0 Difference 0 798,894 628,315 0 0 87,463 11 ,554 0 50,388 0 156 North Central Dog Park 29,303 (7,303) 307 fund 22,000 22,000 606 CLRS Policy and Project Manager Position 74,397 74,397 74,397 432 Southeast Fort Collins Express Library (Library Services for Southeast Fort Collins) 532,332 532,332 367,332 165,000 601 NAGPRA Program 40,387 (40,387) 101 fund 0 616 City Happenings Program 0 0 1 of CULTURAL, RECREATION AND EDUCATION DRILLING PLATFORM 2007 One-time Ongoing Neigh Parkland Con Trust Nat Areas Cult Svcs Recreation Golf Cemeteries Perp Care Capital Exp Offer Offer Funding Offer General Fund Restricted General Fund 401 Fund 403 Fund 406 Fund 411 Fund 412 Fund 508 Fund 413 Fund 415 Fund 307 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted 706 Restore Conservation Trust Revenue 0 0 0 707 Restore Parks Funding 255,000 255,000 255,000 708 Restore Recreation Funding 423,150 423,150 423,150 709 Restore Funding for the Youth Activity 366,495 (366,495) 101 fund 0 Unfunded Offers 1 ,721 ,064 (414,185) 1 ,306,879 0 1 ,141 ,879 0 0 0 0 0 0 165,000 Total Offers 31 ,910,449 (2,352,013) 29,558,436 593,954 14,761 ,740 1 ,013,007 521 ,685 2,350,688 2,422,296 4,676,303 2,538,617 441 ,533 73,612 165,000 Offers for New Revenue 361 ,825 2 of NEIGHBORHOOD QUALITY DRILLING PLATFORM 2007 2007 One-time Ongoing Transportation Offer Offer Funding Offer General Fund Restricted General Fund Other Restricted 410 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Funds Ongoing Restricted 230 Innovative Neighborhood Code Enforcement 531 ,755 0 531 ,755 531 ,755 0 361 Customer Services -- One Stop Shop 547, 165 0 547, 165 547, 165 0 373 Neighborhood Resources 1487732 0 148,732 1483732 0 374 Community Mediation Program 86,011 0 86,011 86,011 0 375 Community Liaison Program 35,875 0 35,875 35,875 0 680 Housing & Occupancy Compliance (placeholder requested by the City Manager) 877618 (107550) 101 -new 777068 77,068 New Fee 0 0 91 Housing & Community Development (H&CD) Offer 494,538 0 494,538 133,000 PUD Charges 361 ,538 0 534 Neighborhood Traffic Calming - Surcharge 2477200 0 247,200 247,200 New Fee 0 0 648 Neighborhood Preservation Program 797030 0 79,030 793030 0 209 Police - Information Services - Graffiti Abatement - Basic 13,000 0 13,000 13,000 0 376 Neighborhood/Homeowners Association Boundaries & Contact Database 157000 0 157000 153000 0 319 Planning for Attractive Neighborhoods 0 0 0 0 0 Funded Offers 2,285,924 (10,550) 2,275,374 457,268 15818,106 0 0 Allocation 11818,106 0 0 Difference 0 0 0 591 Trash Districting 0 0 0 r 0 0 379 Neighborhood Street Tree Replacement 449575 0 44,575 449575 0 542 Neighborhood Parking Program 25,000 0 25,000 103000 15,000 15,000 612 Human Rights Resource and Education Office Primary Services 802788 0 80,788 80,788 0 422 Police - Patrol - Campus West Substation - Basic 646, 138 0 646, 138 6463138 0 436 Police - Patrol - Foothills District (Southeast) - Enhanced 822,557 0 822,557 8223557 0 676 Neighborhood Traffic Calming - Street Design 6752000 (6759000) 101 fund 0 0 0 692 Affordable Housing Trust 505,511 0 505,511 5053511 0 697 Neighborhood Services Consolidation 1492288 0 1492288 149,288 0 Unfunded Offers 2.948.857 (675,000) 212732867 0 2,258.857 15,000 15,000 Total Offers 5,234,781 (685$ 50) 4$ 49,231 457,268 45076,963 15,000 15,000 1 of 2 2 of 2 SAFER COMMUNITY DRILLING PLATFORM 2007 2007 One-time Ongoing Natural Areas Light & Power Stormwater Offer Offer Funding Offer General Fund Restricted General Fund Other Restricted 406 Fund 501 Fund 504 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Funds Ongoing Restricted Restricted Restricted 646 PFA Service 15,501 ,828 15,501 ,828 15,501 ,828 PFA allocation 0 0 14 Utilities - Continue to Provide Electric Utility Service to the residents of Fort Collins 84,986,361 (1 ,389,415) 501 fund 83,596,946 0 83,596,946 83,596,946 438 Police - Patrol - Basic 12,205,916 12,205,916 12,205,916 0 628 Fort Collins Crime Index 0 0 0 0 467 Utilities - Continue to provide Stormwater services and protection for Fort Collins residents 9,232,673 9,232,673 0 9,232,673 9,232,673 69 Police - Information Services - Basic 5,533,673 5,533,673 141 ,230 Ambulance 5,392,443 0 339 Police Investigations - Special Investigations Unit 949,154 949,154 949,154 0 338 Compliance to Neighborhood Speed Limits Indicator 6,000 6,000 6,000 0 332 Police Investigation - General Investigations Property / Major Crimes 3,426,587 3,426,587 3,426,587 0 337 Police Investigations - Sex Offender Registration 17,358 17,358 17,358 0 321 Police Investigation - Criminal Impact Unit - CIU 509,409 509,409 509,409 0 75 Utilities - Substations Capital Project 281 ,000 281 ,000 0 281 ,000 281 ,000 267 Utilities - Stormwater Drainage System Master Planning 75,000 75,000 0 75,000 75,000 259 Utilities - Developer Repays 75,000 75,000 0 75,000 75,000 366 Police Investigations - Restorative Justice / RESTORE 0 0 0 0 566 Police 800 Mhz Radio 725,828 (35,629) 101 equip 690, 199 690,199 0 258 Utilities - Canal Importation Basin 5,000,000 (5,000,000) 504 fund 0 0 0 256 Utilities - Dry Creek Basin 0 0 0 0 0 353 Police - Information Services - Larimer Emergency Telephone Authority Funding (LETA) 0 0 0 0 341 Police Investigations - School Resource Officers 995,148 995,148 499,230 PSD 495,918 0 185 Utilities - Drainage System Replacement 365,000 365,000 0 365,000 365,000 257 Utilities - West Vine Basin 0 0 0 0 0 260 Utilities - Cooper Slough/Boxelder Basin 0 0 0 0 0 430 Police - Patrol - Island Grove Contract - Basic 92,343 92,343 92,343 0 271 Utilities - Fossil Creek Basin 0 0 0 0 0 76 Utilities - Underground Conversion Capital Project 0 0 0 0 342 Police Investigations - Victim Services Team 98,027 98,027 98,027 0 335 Police Investigations - HUB Juvenile Screening Center 66,049 66,049 66,049 0 394 Building Inspection 781 ,791 781 ,791 781 ,791 0 390 Plan Review 315,018 315,018 315,018 0 239 Zoning Administration and Enforcement 148, 189 148, 189 148,189 0 429 Police - Patrol - Larimer Humane Society (LHS) Contract - Basic 795,546 (124,920) 101 Med 670,626 670,626 0 486 Community Safety Information Services Support 113,932 113,932 55,416 LETA 58,516 0 354 Police - Information Services - Equipment/Computer Replacement Plan 623,596 (239,610) 101 equip 383,986 383,986 0 220 School Crossing Guard Program 94,350 94,350 94,350 0 431 Police - Patrol - SWAT Team 111 ,001 (33,000) 101 fund 78,001 78,001 0 371 Police Investigations - Restorative Justice / RESTORE - 2nd Enhancement 18,284 18,284 18,284 0 269 Natural Areas Program - Natural Areas and Trails Rangers 456,881 456,881 0 456,881 456,881 Funded Offers 143,600,942 (6,822,574) 136,778,368 16,197,704 26,498,164 94,082,500 456,881 83,877,946 9,747,673 Allocation 26,498,164 98,897,811 456,881 84,385,987 14,054,943 Difference 0 4,815,311 0 508,041 4,307,270 329 Police Investigations - Financial Crimes Unit - Enhancement 162,508 162,508 162,508 622 PC, printer and file server support for Police 13,057 13,057 13,057 1 of 2 SAFER COMMUNITY DRILLING PLATFORM 2007 2007 One-time Ongoing Natural Areas Light & Power Stormwater Offer Offer Funding Offer General Fund Restricted General Fund Other Restricted 406 Fund 501 Fund 504 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Funds Ongoing Restricted Restricted Restricted 234 Police - Forensic Services - Additional Training Money - Enhanced 15,000 15,000 9§0W 15,000 0 677 Police - Additional Staffing - Forensic Services 120,206 120,206 120,206 0 649 Police - Patrol Services - Annexation Additional Staffing 722,634 722,634 722,634 0 672 Police - Patrol - Additional Offers - 2007 901 .819 (192,602) 101 fund 709,217 709,217 0 424 Police - Patrol - Crime Prevention - Enhanced 101 ,578 101 ,578 101 ,578 0 496 Teen Outreach 60,793 60,793 60,793 0 326 Police Investigations - Criminal Impact Unit - Enhanced 214,321 214,321 214,321 0 479 Aerial Photo Data Maintenance 25,000 25,000 25,000 0 574 Evidence Van Enhancement 7,671 7,671 7,671 0 387 Police Investigations - General Investigations - ENHANCEMENT 406,652 406,652 406,652 0 576 Lab Van Enhancement 11 ,793 11 ,793 11 ,793 0 577 ADDITIONAL STAFFING - Poudre Emergency Communications Center 396,597 396,597 396,597 0 578 Civilian Training Officer 54,774 54,774 54,774 0 501 Safe Walk Fort Collins 210,000 210,000 210,000 0 695 Restore Building Inspector 79,325 79,325 79,325 Unfunded Offers 3,503,728 (192,602) 3,311 ,126 0 3,311 , 126 0 0 0 Total Offers 147, 104,670 (7,015,176) 140,089,494 16, 197,704 29,809,290 94,082,500 456,881 83,877,946 9,747,673 2 of TRANSPORTATION DRILLING PLATFORM 2007 One-time Ongoing Transportation Strt Oversizing Transit Capital Proj. Offer Offer Funding Offer General Fund Restricted General Fund 410 Fund 407 Fund 404 Fund 305 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Restricted Restricted Restricted Restricted 320 Harmony Road Maintenance 3217856 (3192856) 410 fund 21000 23000 635 Pavement Management 9,507,962 9,507,962 779,549 6, 128,412 635 NEW REVENUE 236002000 531 Transportation Maintenance Fee 641 Street Oversizing Capital Expansion Fee Program 5,4221864 (11637) 407 fund 55421 ,227 552,099 146,479 4,722,649 644 Traffic Operations 32173, 110 331733110 755,730 234173380 636 Core Street Maintenance 8,921 ,294 8,921 ,294 269126 8,895, 168 425 Police - Patrol - Camera Radar/Red Light Program - Basic 565,356 565,356 565,356 Camera Radar 434 Police - Patrol - Traffic Unit - Basic 5979070 597,070 58,450 Camera Radar 5389620 533 Parking Core Services 1 ,517,481 15517,481 92,787 11424,694 681 City Bridge Program 3007000 300,000 300,000 643 Core Design and Capital Improvements Management 486,639 (52,302) 305 fund 434,337 3369742 979594 674 Transfort/Dial-A-Ride 8,7411202 (2313200) 404 fund 83510,002 43033,006 4,476,996 637 Transportation Planning & Development 461 ,182 461 , 182 1309946 330,236 596 Mason Trail Underpass at the NRRC/University Mall 1 ,000,000 (880,000) 305-CMAQ (1203000) 101 -TC 340 Maintenance of City Owned Medians 371 ,691 371 ,691 3719691 219 Regional Planning Organization Contributions 118,100 118, 100 1187100 240 Mason Trail Maintenance 307000 309000 309000 217 Harmony Transfer Center 108,500 108,500 108,500 675 Transportation Demand Management/SmartTrips 679 Dial-A-Ride Evening Service Restoration 80,000 (80,000) 101 -Med 426 Police Patrol - Camera Radar/Red Light Pogram Offer - Enhanced 185,850 185,850 185,850 Camera Radar 714 Bicycle Coordinator 59,013 (423840) 101 -Med (16, 173) 404-CMAQ Funded Offers 412969, 170 (117443008) 40,2253162 80%656 0 82175,896 22,0393963 477223649 4/4763996 0 Allocation 8092656 0 831752896 2479993327 477227649 475103605 0 Difference 0 0 2,959,364 0 339609 0 535 Traffic Responsive Signal Timing Program 600,000 (600,000) 101 fund 417 Minor Streets Capital 2187493 2181493 2183493 675 Transportation Demand Management/SmartTrips 323 Pedestrian Access 394,272 394,272 374,272 20,000 536 Downtown Parking Cooperative 125,000 125,000 50,000 75,000 517 Street Oversizing Capital Expansion Program General Fund Contribution 318,650 318,650 3182650 435 Police - Patrol - Traffic Unit - 2006 - Enhanced 297,508 297,508 297,508 523 Transfort Service Expansion 3757538 375,538 187,769 18733333769 440 Police - Patrol - Traffic Unit - 2007 - Enhanced 1602469 (1099629) 101 fund 502840 50,840 465 Community Drop Boxes Equals Less Miles Traveled 513000 517000 51 ,000 687 Transportation Demand Management Restoration 127,731 (127,731 ) 101 -Med 0 296 The Free Market Solution for Traffic Problems 33,465 33,465 33,465 1 of 2 TRANSPORTATION DRILLING PLATFORM 2007 One-time Ongoing Transportation Strt Oversizing Transit Capital Proj. Offer Offer Funding Offer General Fund Restricted General Fund 410 Fund 407 Fund 404 Fund 305 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Restricted Restricted Restricted Restricted 704 Complete Pavement Management 700,000 700,000 7007000 705 Transportation Management 359,708 359,708 359,708 710 Management (BOB) 2567482 256,482 256,482 Unfunded Offers 43018,316 (837,360) 31180,956 0 216412705 75,000 0 187,769 276,482 Total Offers 45,987,486 (29581 ,368) 43,406, 118 809,656 10,817,601 22,114,963 42722,649 41664,765 276,482 Offers for New Revenue 2,600,000 2 of HIGH PERFORMANCE DRILLING PLATFORM 2007 One-time Ongoing Neigh PklNatural Area Transptatn Recreatn Cemetery Light & Power Water Wastewb Storm Mr Golf Equipment Self Insur Common Benefits Util GSA GERP Offer Offer Funding Offer General Fund Restricted General Fund 401 Fund 406 Fund 410 Fund 412 Fund 413 Fund 501 Fund 502 Fund 503 Fund 504 Fund 508 Fund 550 Fund 551 Fund 552 Fund 553 Fund 554 Fund 605 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted Testridec Restricted! Restricted! Restricted Restricted! Restricted Restricted 471 City Council Core Services 125,134 0 125,134 125,134 540 Citizen Survey and the Community Scorecard 51,739 (20,045) 101 fund 31,694 31,694 444 General Employees' Retirement Plan Either Plan") 2,602,110 (555,010) 605 fund 2,04f jlh) 0 - - - - - - - - - - - - - - - 2,047,100 555 Elim Youth Advisory Board 0 0 0 0 469 Employee Information Services 137,949 0 137,949 137,949 529 Full Legal Services 1,311,563 0 1,311,563 10,000 Camera Radar 1 ,121 868 53,350 126,345 538 Bridging the Community and City through Communication 265,146 0 265,146 265,146 47 Municipal Court Services - Non-Camera Radar/Red Light Cases 586,874 0 586,874 62,000 Bond Account 524,874 294 E-Govemment that Roc"I 196,302 (20,045) 101 fund 176,257 176,257 443 General Employees' Retirement Plan Either Plan") Additional Employer Contributions_ Option 2 400,000 (2,276) 411 fund 397,724 144,745 599 - 41,790 17,182 2617 68,550 84,745 32,078 1,789 3629 - - - - - - 482 Basic Enterprise CIS Software & Support 256,203 0 256,203 256,203 48 Benefit Fund 25,835,098 (1473,731) 553 fund 24,361367 0 - - - - - - - - - - - - - 24,361367 238 Accounts Payable Processing 347,268 0 347,268 347,268 355 Payroll Processing 229686 0 229686 229,686 477 City Managers Office - City Council Policy Development and Management 317,280 0 317,280 317,280 489 Become a Passport Application Acceptance Facility 1260 0 1260 1260 557 Technology User Support 225,085 0 225,085 225,085 85 Municipal Court Services - Liquor Licensing AuthoMy, 14,255 0 14,255 14,255 193 Elections 254,836 (179,411) 101 fund 75,425 75,425 210 Building Maintenance & Repair 1,421,714 (1,281,401) 101 fund 140,313 140,313 Work for Others 0 0 359 Procurement Process 396,930 0 396,930 396,930 480 City Managers Office - Organizational Leadership & Implementation 693,653 0 693,653 693,653 509 Business Outcome SuppoWBodget Office 266,214 0 266,214 266,214 556 E-Mail Operations 125,213 (12,000) 101 eq 113,213 66,542 E-mail Fee 46,671 583 Performance Excellence 138,641 138641 138,641 584 Human Relations Business Partners 190,724 0 190,724 190724 602 Management Information Systems Administration 354,583 0 354,583 354,583 614 Lincoln Center Self-Sustainabilily Study 0 0 0 0 624 Software for PC Maintenance - CLRS 7,128 0 7,128 7,128 310 Enterprise Docman 202,052 0 202,052 202,052 416 Innovative Systems and Technology 25,000 0 25,000 25,000 571 Enterprise Basic Telecommunication Services 1413,982 (256,375) 552 fund 1,157,607 0 - - - - - - - - - - - - 1,157,607 682 County Video Production 19,273 (19,273) 101 Iar 0 0 460 ERP Base Services 1,133,552 (200,000) 101 fund 928,552 928,552 460 ERP Base Services (5,000) 101 si 0 0 558 Network file and printer server operations 289,335 (20,800) 101 eq 268,535 268,535 560 Accounting and Internal/External Financial Reporting Services 432,932 0 432,932 432,932 268 Community Development Block Grant (CDBG) Commission Offer 0 0 0 0 365 Utilities - Broadband Feasibility Study 0 0 0 0 466 Compensation Management - Succession Planning - JIBE Position Control 189,485 0 189,485 189,485 476 Elimination of the Election Board 0 0 0 0 484 Professional Enterprise GIS Hardware/Software & Support 207,793 0 207,793 207,793 582 High Perfom ing Hiring 190,846 0 190,846 190,846 585 Training and Development Center (brmedy Leadership Institute) 159,082 0 159,082 159,082 - - - - - - - - - - - - - - 0 632 Telecommunications Enterprise Infrastructure Funding 172,152 0 172,152 48,300 PEG Fee 123,852 208 Fleet Fueling Systems 1,181595 0 1181595 0 - - - - - - - - - - 1,181595 211 Custodial Services 964,951 0 964,951 136,141 Work for Others 828,810 214 Building Systems & Energy Management 3,124,039 0 3124,039 220,065 Work for Others 2,903,974 - - - - 0 391 Risk Management/Self-Insurance Program 3,120,701 (672,218) 551 fund 2,448,483 0 - - - - - - - - - - - 2,448,483 458 Basic Cablecasting Services 355,837 (36,800) 101 eq 319,037 49,100 Lorimer Cty 207,237 458 Basic Cablecasting Services 0 62,700 PEG Fee 0 470 Department of Transportation (DOT) Compliance Program 51902 0 51902 25,651 - 2,587 4,851 4,044 296 - - - - - 2,749 - - - 1L724 552 Enterprise E-Commerce R Us 41,954 0 41 954 15,000 - - - - - - - - - - - - - - 26,954 554 Fleet Vehicle & Equipment Maintenance - Cost per Usage - Option 2 5,058,782 0 5,058,782 0 5,058,782 626 Finance Administration and Financial Advisory Role for the City 426,809 0 426,809 426,809 293 Zoning Board of Appeals 750 0 750 750 617 Code Enforcement Consolidation - Technology 6,000 0 6,000 6,000 631 EmployEase - Human Resources Self Service Portal 12,000 0 12,000 12,000 84 Municipal Court Services - Camera Radar/Red Light Cases 80,873 0 80,873 80,873 Camera Radar 0 297 Joint Administrative Support Systems City, County and School District 25,000 (25,000) 101 fund 0 0 539 Intergovernmental Relations 93,424 0 93,424 93,424 551 Investigation of Alternative Funding Options for Library Services 0 0 0 0 618 Asset Records Update in JDE 50,000 (50,000) 554 fund 0 0 - - - - - - - - - - - - - - 0 181 City Clerk Administration 531327 0 531327 531327 483 Application Development and Support 252,139 0 252,139 252,139 562 Doman Jumpstart 0 0 0 0 395 Planning & Zoning Boom 25,440 0 25,440 25,440 598 New Clipping Archive 0 0 0 0 215 Real Estate Services 615,579 0 615,579 615,579 Work for Others 0 588 Wellness Program 152,075 0 152,075 0 - - - - - - - - - - - 0 - 152,075 0 1N2 HIGH PERFORMANCE DRILLING PLATFORM 2007 One-time Ongoing Neigh PklNatural Areae Transplatn Recreatn Cemetery Light & Power Water Wastewb Storm Mr Golf Equipment Self Insur Common Benefits Util GSA GERP Offer Offer Funding Offer General Fund Restrcted General Fund 401 Fund 406 Fund 410 Fund 412 Fund 413 Fund 501 Fund 502 Fund 503 Fund 504 Fund 508 Fund 550 Fund 551 Fund 552 Fund 553 Fund 554 Fund 605 Fund # Offer Description Amount One-time Source Amount Restricted Description Ongoing Resirced Restricted Restricted Restricted Restricted Restricted Restricted Restricted Restricted Testricec Restricted Restricted! Restricted Restricted! Restricted Restocked 686 Employee Recognition Events 19,000 0 19,000 19,000 442 Sales & Use Tax 508,821 0 508,821 508,821 445 Treasury Services 269,765 0 269,765 269,765 510 Rebate Programs 351,400 0 351,400 351 400 236 Fleet Pool Rental 786,299 0 786,299 0 - - - - - - - - - - 786,299 202 Pm]ecl Management, Planning & Design (PMPD) 470,230 0 470,230 470,230 Work for Others 0 472 City Council Enhanced Outreach & Accessibility 39,000 0 39,000 39,000 314 Landmark Preservation Commission 29688 0 29,688 29,688 633 Human Relations Commission 3,900 0 3,900 3,900 691 Organizational Efficiency Study 50,000 (50,000) 101 fund 0 0 Funded Offers 59,887,352 (4,879,385) 55,007,967 1061843 15,366,937 599 55,937 46,641 21226 2,913 68,550 84,745 32,078 1789 3,629 7,029,425 2,448,483 1,157,607 24,513,442 165,023 2,047,100 Allocation 15,366,938 599 55,937 46,641 21226 2,913 68,550 84,745 32,078 1789 3629 7,067,936 2,452,510 1,163,000 24,890,172 166,102 2,047,100 Difference 1 0 0 0 0 0 0 0 0 0 0 38,511 4,027 5,393 376,730 1 ,079 0 0 587 Organizational Innovation 559 Off HoursIT Support 10,400 0 10,400 10,400 586 Tuition Reimbursement 15,000 (15,000) 101 fund 0 0 544 Enhanced Employee Communications 50,232 (50,232) 101 fund 0 0 255 Office of Environmental Services 43,064 0 43,064 43,064 318 Affordable Housing Board 29,769 0 29,769 29,769 627 Finance Department Entrance Reconfiguration 0 0 0 0 592 Ombudsman Office 55,519 0 55,519 55,519 553 Salary Savings Business Practice - Smarter Management 0 0 0 0 698 Restore CPES Administration Budget and Policy Manager 98,432 98,432 98,432 699 Showcase Fort Collins/Restore Cable 14 programs 117,245 0 117245 111245 7 -1 7j,L- Unfunded Offers 559,601 (65,232) 494,369 ah 494,369 0 0 0 A 0 0 0 0 0 0 Total Offers 60,446,953 (4,944,617) 55,502,336 1061843 15,861306 599 55,937 46,641 21226 2,913 68,550 84,745 32,078 1789 3629 7,029,425 2,448,483 1,157,607 24,513,442 165,023 2,047,100 242 Attachment 3 COMMUNITY PARK UTILITY FEE On-Going and One Time Funding (2% Growth & 3% Inflation) On=Going Administrative Fee 1 Total Cost per Monthly On-Going Community Residential Unit per Cost per Annual Cost per Year New Parks Acres Funding Park Cost Units Month Unit Fee Household 2005 386 . 12 $2 , 1003000 543629 $3 . 20 $0 . 10 $657555 $3 . 30 2006 $2 , 1633000 553722 $3 . 23 $0 . 10 $68 , 872 $3 . 34 2007 Spring Canyon 88 $4313000 $2 , 658 , 890 56 , 836 $3 . 90 $0 . 11 $723357 $4 . 00 2008 $2 , 738 , 657 57 , 973 $3 . 94 $0 . 11 $763018 $4 . 05 2009 $2 , 820 , 816 59 , 132 $ 3 . 98 $0 . 11 $79 , 865 $4 . 09 2010 $2 , 905 ,441 60 , 315 $4 . 01 $0 . 12 $835906 $4 . 13 2011 $2 , 9921604 615521 $4 . 05 $0 . 12 $88 , 151 $4 . 17 2012 Southeast 53 . 65 $3407000 $34225382 625752 $4 . 54 $0 . 12 $92 , 612 $4 . 67 2013 $3 , 5253054 643007 $4 . 59 $0 . 13 $97 , 298 $4 . 72 2014 $3 , 6303805 653287 $4 . 63 $0 . 13 $ 102 , 221 $4 . 76 2015 $3 , 739 , 729 66 , 592 $4 . 68 $0 . 13 $ 1073394 $4 . 81 2016 East Community Park 50 $3573000 $472083921 673924 $5 . 16 $0 . 14 $ 1123828 $5 . 30 2017 $4 , 335 , 189 69 , 283 $5 . 21 $0 . 14 $ 1185537 $5 . 36 2018 $4 ,465 , 245 70 , 668 $5 . 27 $0 . 15 $ 1245535 $5 .41 2019 $4 , 5991202 725082 $5 . 32 $0 . 15 $ 130 , 836 $5 .47 2020 North 100 $830 , 000 $57567 ; 178 73 , 523 $6 . 31 $0 . 16 $ 137 ,457 $6 .47 Total Funding Needed 527 . 77 $25 , 326 , 844 ( 1 ) Estimated cost to administer fee . Attachment 4 COMMUNITY PARK UTILITY FEE With Urban Forest Data On-Going and One Time Funding (2% Growth & 3% Inflation) Administrative Total On-Going Fee(1) Total Comm. Cost Parks per Monthly On-Going Community Urban & Urban Residential Unit per Cost per Annual Cost per Year New Parks Acres Funding Park Cost Forest Forest Units Month Unit Fee Household 2005 386 . 12 $2 , 100 , 000 $9207000 $3 , 020 , 000 541629 $4 . 61 $0 . 10 $65 , 555 $4 . 71 2006 $2 , 163 , 000 $9472600 $3 , 110 , 600 551722 $4 . 65 $0 . 10 $68 , 872 $4 . 75 2007 Spring Canyon 88 $4312000 $2 , 658 , 890 $9762028 $3 , 634 , 918 561836 $5 . 33 $0 . 11 $722357 $5 .44 2008 $2 , 738 , 657 $ 1 , 005 , 309 $3 , 743 , 966 57 , 973 $5 . 38 $0 . 11 $76 , 018 $5 .49 2009 $2 , 820 , 816 $ 1 , 035 ,468 $3 , 856 , 285 59 , 132 $5 .43 $0 . 11 $793865 $5 . 55 2010 $2 , 905 ,441 $ 1 , 066 , 532 $3 , 971 , 973 60 , 315 $5 .49 $0 . 12 $83 , 906 $5 . 60 2011 $2 , 992 , 604 $ 1 , 098 , 528 $4 , 091 , 132 61 , 521 $5 . 54 $0 . 12 $88 , 151 $5 . 66 2012 Southeast 53 .65 $340 , 000 $3 ,422 , 382 $ 1 , 1317484 $4 , 553 , 866 621752 $6 . 05 $0 . 12 $92 , 612 $6 . 17 2013 $3 , 525 , 054 $ 1 , 165 ,428 $4 , 690 ,482 64 , 007 $6 . 11 $0 . 13 $97 , 298 $6 .23 2014 $3 , 630 , 805 $ 1 , 200 , 391 $438313197 65 ,287 $6 . 17 $0 . 13 $ 102 , 221 $6 . 30 2015 $3 , 739 , 729 $ 1 , 236 ,403 $439763133 66 , 592 $6 . 23 $0 . 13 $ 107 , 394 $6 . 36 East Community 2016 Park 50 $3572000 $4 , 208 , 921 $ 1 ,273 ,495 $5 ,482 ,417 671924 $6 . 73 $0 . 14 $ 112 , 828 $6 . 86 2017 $4 , 335, 189 $ 1 , 311 , 700 $5 , 646 , 889 69 , 283 $6 . 79 $0 . 14 $ 118 , 537 $6 . 93 2018 $4 ,465 , 245 $ 1 , 351 , 051 $5 , 816 , 296 70 , 668 $6 . 86 $0 . 15 $ 124 , 535 $7 . 01 2019 $4 , 599 , 202 $ 1 , 391 , 583 $5 , 990 , 785 72 , 082 $6 . 93 $0 . 15 $ 130 , 836 $7 . 08 2020 North 100 $830 , 000 $535673178 $ 1 ,433 , 330 $730003508 73 , 523 $7 . 93 $0 . 16 $ 137 ,457 $8 . 09 Total Funding Needed 527 . 77 $25 , 326 , 844 $% 346 , 378 $34 , 673 , 222 ( 1 ) Estimated cost to administer fee .