Laserfiche WebLink
II. REVENUE POLICIES <br /> A. PURPOSE <br /> The revenue policies are designed to ensure 1) diversified and stable <br /> revenue sources, 2) adequate long -term funding by using specific revenue <br /> sources to fund related programs and services, and 3) funding levels to <br /> accommodate all city services and programs equitably. <br /> B. POLICY <br /> The city will maintain a diversified and stable revenue system in order to <br /> avoid short term fluctuations in a single revenue source. <br /> the city will establish fees and charges based upon the actual cost of <br /> providing services. <br /> The city will annually evaluate the relationship of its fee structure to <br /> actual expenditures for fee services and re- adjust it for increased costs <br /> and inflation. <br /> The city will set recreation fees to cover the direct costs of established <br /> programs. <br /> The city will set a sanitary sewer fee and rescue service fee to cover all <br /> the costs including straight -line depreciation as well as administrative <br /> and general government costs. <br /> The city will offset reduced revenues with reduced expenditures. <br /> C. IMPLEMENTATION <br /> The following charts illustrate the historic relationship between the <br /> city's budget to actual revenues and actual revenues to expenditures. <br /> Source: City of Falcon Heights Annual Financial Report <br />