At the April 10 worksession, the Mayor presented some benchmarks that he would like to see considered for the 2013 budget in regard to road funding, tax capacity rate and staffing percentages.

Attached is brief summary of these benchmarks.  Staff will be prepared to demonstrate how the numbers were calculated at the worksession. 

Included in the General Fund budget numbers is $1,500,000 for road improvements.  As $3M is the target number needed for funding road reconstructions, staff is in the process of preparing a phase-out program to reach the $3M target, while concurrently eliminating special assessments over time.  Staff will  forward this information to council on Monday, April 30.  

An interesting bit of trivia, the city's first road was built in 1974 and, given the 40-year life cycle for roads, starting reconstruction by 2014 is a good target date for implementation.