Title
Continued Discussion on Funding Needs and Strategies for the Next Three to Five Years
Recommended Action
Committee Recommendation:
The Finance Committee discussed this topic at a special meeting Friday, January 23. The full council discussed on January 27 and referred it back to the Finance Committee the issue(s) of a fall ballot measure(s) for additional discussion and analysis.
City Manager Recommendation:
Discuss and provide guidance.
Report
Issue:
Should the City have a potential fall ballot issue(s)?
Staff Contact:
Steve Hall, City Manager, 360.753.8447
Jane Kirkemo, Administrative Services Director, 360.753.8499
Paul Simmons, Parks, Arts & Recreation Director, 360.753.8462
Presenter(s):
Finance Committee and staff will continue discussion.
Background and Analysis:
During the Council retreat a proposal to place two park issues on the fall ballot was presented. On January 27 the Council discussed all the funding needs for the next three to five years and discussed what other ballot issues might be voted on in 2015 (e.g. Intercity Transit, the County, or other cities.) The Council referred this item back to the Finance Committee for additional discussion and analysis. The Council requested staff attach dollar amounts to the funding gaps and revenue options - where possible we have included the amounts. Committee member Jones said he was not comfortable increasing either the public or private utility tax so that has been removed from the slide.
Neighborhood/Community Interests (if known):
N/A
Options:
N/A
Financial Impact:
The financial impact depends on what option is considered.