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06-06-2018 Council Packet
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06-06-2018 Council Packet
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CHAPTER 5 60 <br />Potential grant sources <br />include: <br /> »Minnesota DNR <br /> »Minnesota DOT <br /> »Clean Water, <br />Land and Legacy <br />Amendment <br /> »Various <br />Foundations and <br />Non-profits <br />Funding Sources <br />General Funds <br />General funds are the main source of funding for regular operations and <br />maintenance and amenities. General funds should be used to maintain the <br />system. <br />Dedicated Tax Levy <br />A dedicated tax levy can be achieved through a city referendum, with funds <br />going specifically towards parks and recreation capital projects or operations <br />and maintenance. <br />Bonding <br />Funding for new facilities or repairs/updates can also come from General <br />Obligation Bonds and Revenue Bonds. <br />General Park Bond Issue <br />Usually approved through a voter referendum, a general park bond issue can <br />raise money with a permanent or temporary tax increase dedicated towards <br />parks and trails improvements and maintenance. <br />State Aid <br />State aid funds can be secured for pedestrian and bicycle improvements on <br />state aid streets. This can be more easily accessed during street construction <br />and re-construction projects. <br />Utility/Franchise Fee <br />Franchise fees are additional fees that can be added to the monthly bill that <br />customers/residents receive from a public utility such as natural gas, electricity, <br />or cable. Such fees are implemented by a City ordinance, and must be <br />approved by City Council. The City of Little Canada currently uses a utiltiy <br />franchise fee to fund the street replacement program. <br />Donations <br />Private donations can be another way to supplement parks and recreation <br />budgets, and can come in the form of money, labor, and materials from a <br />variety of sources. Programs such as “adopt-a-park” are very common form of <br />donation. <br />Grants <br />Grants are another way to support parks and recreation, and the City should <br />continue to pursue grants that make sense for the needs and capabilities of <br />Little Canada.
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