2.1.
CC Work Session
- Meeting Date:
- 05/28/2019
Information
Title:
Local Road Funding
Purpose/Background:
The purpose of this case is to update the Council in regard traditional information and research on franchise fees for local road funding. Further consideration of the franchise fee has resulted in additional research, including the following:
- A list of responses to frequently asked questions (FAQs) raised during the March public input meetings is attached.
- Contact local utilities and conduct current revenue analysis based upon number of meters. An estimate of revenue based upon utility information is attached.
- City staff is in the process of updating the impact analysis of road funding options on local properties based upon value, considering property taxes versus franchise fees.
- The financial impact of a rebate policy to address properties that received assessments over the past 5 years is attached.
- The draft franchise fee ordinance from 2013 is included for reference. The ordinance has a specific purpose statement designating the fee to local road purposes and other policy considerations.
- Consider possible ballot questions, either advisory or specific ordinance amendments. The August Special Election is too soon to post a question, although the November 2019 Special election is still a possibility, but it would need to be expanded to include all City wards.
- Staff has met with the Charter Commission and a committee of the Charter Commission to consider this issue. The Charter Commission has asked for additional research regarding the use of franchise fees in Minnesota and other cold climate states for road maintenance. Attached is a a list of franchise fee cities identified by a utility company (NSP) and a 2013 study od cities with franchise fees. Staff will be updating this information and working with the Charter Commission to include their concerns..
Timeframe:
N/A
Funding Source:
N/A
Responsible Party(ies):
Kurt Ulrich
Outcome:
Update and discussion only.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich (Originator) | Kurt Ulrich | 05/23/2019 03:52 PM |
- Form Started By:
- Kurt Ulrich
- Started On:
- 05/23/2019 03:05 PM
- Final Approval Date:
- 05/23/2019