Loading...
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. 12 (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. 13