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HomeMy WebLinkAboutMemo - Mail Packet - 5/7/2024 - Memorandum From Travis Storin And Ginny Sawyer Re: Work Session Summary, April 23, 2024 – Tax Renewals City Manager’s Office City Hall 300 LaPorte Ave. PO Box 580 Fort Collins, CO 80522 970.221.6505 970.224.6107 - fax fcgov.com MEMORANDUM Date: May 2, 2024 To: Mayor and City Councilmembers Through: Kelly DiMartino, City Manager Tyler Marr, Deputy City Manager From: Travis Storin, Chief Financial Officer Ginny Sawyer, Project & Policy Manager Subject: Work Session Summary, April 23, 2024 – Tax Renewals BOTTOM LINE The purpose of this memo is to document the summary of the discussion during the April 23, 2024 Work Session. All Councilmembers were present. Staff provided context on current tax rates and the updates provided to the Council Finance Committee. Significant updates included recommendations to extend the Street Maintenance Program tax to either 20 years or in perpetuity and to push the Capital Improvement tax to 2025 in order to allow more time for project development and community input and outreach. DISCUSSION SUMMARY There was overall support for both seeking a 20-year term on the Street maintenance Program tax and pushing the Capital Improvement tax to 2025. Other discussion covered project development and timelines going forward. NEXT STEPS Based on the discussion, staff has scheduled the Street Maintenance Program ballot referral for July 16, 2024. Staff will review project “readiness” and the 6-month calendar to determine if a work session would be valuable on June 11, 2024. FOLLOW-UP ITEMS There was some discussion about the limits on City staff activities once a tax measure has been presented for placement on the ballot under the Fair Campaign Practices Act. It was noted that staff is generally limited to responding to questions and requests rather than reaching out to share information, and that staff will be prepared to provide or present factual information to those requesting it. DocuSign Envelope ID: 015C1436-18BA-47FB-A59D-F97B2943F4FA