HomeMy WebLinkAbout1989-187-10/17/1989-AMENDING THE FINANCIAL AND MANAGEMENT POLICIES RELATING TO THE 1990 ANNUAL BUDGET AS PREVIOUSLY ADOP RESOLUTION 89-187
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AMENDING THE FINANCIAL AND MANAGEMENT POLICIES
RELATING TO THE 1990 ANNUAL BUDGET
AS PREVIOUSLY ADOPTED IN RESOLUTION 89-174
WHEREAS, the Council of the City of Fort Collins adopted the 1990
Financial and Management Policies relating to the 1990 Annual Budget on
October 3, 1989 in Resolution 89-174; and
WHEREAS, Section 3.8 of the 1990 Financial and Management Policies
entitled "Poudre Fire Authority - Revenue Allocation Formula" has been
changed.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS, that Section 3.8, entitled "Poudre Fire Authority - Revenue
Allocation Formula" of the 1990 Financial and Management Policies, as
amended, attached hereto as Exhibit "A", and incorporated herein by
reference, be, and the same hereby is adopted as an amendment to the 1990
Financial and Management Policies previously adopted by Resolution 89-174.
Passed and adopted at the regular meeting of the City Council held
this 17th day of October, A.D. 1989.
(��f �"a"
Mayor
ATTEST:
City Clerk
EXHIBIT "A"
3.7. PERFORMANCE PAY PLAN
The City's goal as an employer is to attract and keep quality
employees. To help accomplish this goal , the City has established
a performance pay plan. The performance pay philosophy has been
maintained for five general reasons:
1 . to attract quality employees;
2. to retain quality employees;
3. to operate the City with fewer employees than
comparable jurisdictions;
4. to provide an incentive and reward for
productivity, and;
5. to recognize cost savings generated by productive
employees.
Every effort will be made to provide the economic adjustment
necessary for the performance pay plan by January of each year.
If this is not financially feasible, as much as can be provided
(given the priority demands on available resources) will be given
in January.
In the area of compensation, the City initiated, in 1986, a
three-year program to address the issue of comparable worth, which
is concerned with compensation of individuals based upon their
value to the organization.
3.8. POUDRE FIRE AUTHORITY - REVENUE ALLOCATION FORMULA
(a) In December 1981, the City entered into an agreement with the
Poudre Fire Protection District, creating the Poudre Fire
Authority (PFA) , which provides fire protection services to the
City. The Revenue Allocation Formula outlines the City's
contribution to the PFA:
Annual Operations and Maintenance Budget
The City will contribute funding for maintenance and operation
costs of the Poudre Fire Authority which shall be established
annually based upon a percentage of Sales & Use Tax revenues and a
portion of the operating mill levy of the City's Property Tax.
These funds are in addition to funds contributed by Poudre Valley
Fire Protection District.
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(b) The City allocates 69.31% of the Property Tax mills to the PFA in
1990. In accordance with Resolution 89-175, the City currently
contributes 5.286 mills of existing Property Tax to the PFA.
An allocation of 0.303 of one cent of the City's 2.25 cent Sales &
Use Tax is applicable to all taxable sales and uses to the PFA.
The Revenue Allocation Formula represents the City's contribution
to the PFA for its operation and maintenance costs as well as for
capital expenditures.
3.9. REBATE PROGRAMS
The City recognizes that certain segments of its population,
specifically the handicapped and senior citizens on fixed incomes,
may be unable to keep pace with increasing taxes and utility
costs. In an effort to partially offset the cost of Property
Taxes, utility billings and Sales Taxes on these segments of its
population, the City has established several rebate programs, as
follows:
Property Tax and Utility Charge Rebate Program
These programs provide financial assistance to handicapped
residents and senior citizens, in the form of an annual rebate on
Property Tax and Utility charges, who qualify under residency and
income guidelines.
Sales Tax Rebate on Food Program
The City recognized the regressiveness of the Sales Tax on food
and specifically excluded the sale of grocery food when enacting a
voter-approved $0.25 cent Sales and Use extension for street
maintenance on July 1, 1989 and the extension of the 0.25 cent
January 1, 1990, for the CHOICES 95 Capital Improvement Program
In addition to these measures, the City has a Sales Tax Rebate on
Food Program. This program provides for an annual rebate to
members of qualifying households on the basis of residency and
income guidelines.
3.10. CAR ALLOWANCE
The City provides reimbursement to its employees for use of their
personal vehicle on official City business. Payment is considered
a reimbursement for expenses and not a form of compensation. All
payments are based on the actual mileage traveled by the employee
at a mileage reimbursement rate set by the City Manager.
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