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AGENDA ITEM REVIEW FORM |
2.
Work Session
- Meeting Date:
- 04/18/2023
- Department Head:
- Ralph Velez
- Submitted By:
- Olivia Jenkins, Government & Foreign Affairs Coordinator, Administration
Action Requested:
Discussion Item - No Action to be Taken
ITEM:
ITEM FOR DISCUSSION ONLY:
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)
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 of raising revenues 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 is only an informational presentation.