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AGENDA ITEM REVIEW FORM |
2.A.
Work Session
- Meeting Date:
- 11/21/2018
- Department Head:
- Kay Macuil
- Submitted By:
- Kay Macuil, City Attorney, Attorney's Office
Action Requested:
ITEM:
Discussion and possible directions to staff on any and all matters regarding the informational presentation by Stifel, Public Finance Advisors on the process to raise revenue through a property tax to improve city services to the residents of San Luis, Arizona. (Mark Reader, Managing Director at Stifel)
SUMMARY:
The City of San Luis is growing. With the growth comes more demand for the city's services. The city's revenue is not keeping pace with the demand. The Public Finance Advisors at Stifel will present information on the process to raise revenue through a property tax for consideration and discussion.
RECOMMENDATION / SUGGESTED MOTION:
Discussion and possible directions to staff only, no action.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- No
- CITY/STATE/FEDERAL FUNDS:
- N/A
- TOTAL:
- N/A
- BUDGETED AMOUNT:
- N/A
- AVAILABLE AMOUNT TO TRANSFER:
- N/A
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- N/A
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
There is no cost associated with this item. This presentation is offered free of charge from Stifel and there is no action to be taken.