Title
Proposed 2025 Utility Rates, General Facility Charges, Impact Fees, and Special (Dedicated) Revenues Including Inspire Olympia, Lodging Tax, Parking & Business Improvement Area (PBIA), and Housing/Homeless Response Program Budgets
Recommended Action
Committee Recommendation:
The Finance Committee moved to approve the proposed 2025 Utility Rates, General Facility Charges, Impact Fees, and Special (Dedicated) Revenue budgets for Inspire Olympia, Lodging Tax, Parking & Business Improvement Area (PBAI), and Housing/Homeless Response Program Budgets at its October 21, 2024 meeting, and directed that they be forwarded to the full City Council for review.
City Manager Recommendation:
Review the proposed 2025 Utility Rates, General Facility Charges, Impact Fees, and Special (Dedicated) Revenues for Inspire Olympia, Lodging Tax, Parking & Business Improvement Area (PBIA), and Housing/Homeless Response Program Budgets.
Report
Issue:
Whether to review the proposed 2025 Utility Rates, General Facility Charges, Impact Fees, and Special (Dedicated) Revenues for Inspire Olympia, Lodging Tax, Parking & Business Improvement Area (PBIA), and Housing/Homeless Response Program Budgets.
Staff Contact:
Joan Lutz, Budget & Fiscal Manager, Finance Department, 360.753.8760
Presenter(s):
Jay Burney, City Manager
Mike Vessey, Drinking Water Utility Director
Jesse Barham, Water Resources Director
Gary Franks, Director of Waste ReSources
Tim Smith, Interim Community Planning and Development Director
Marygrace Goddu, Cultural Access Program Manager
Amelia Layton, Program Specialist - Lodging Tax
Mike Reid, Economic Development Director
Darian Lightfoot, Director of Housing and Homeless Response
Background and Analysis:
City Manager Burney presented the Preliminary 2025 Operating Budget to City Council on Tuesday, October 8. The Preliminary Capital Facilities Plan, 2025-2030 Financial Plan was also presented by staff on October 8. The 2025 preliminary operating and capital bud...
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