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11-02-2020 Council Work Session Packet
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11-02-2020 Council Work Session Packet
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12/8/2021 10:00:22 AM
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11/17/2021 11:57:54 AM
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City Council
Council Document Type
Council Packet
Meeting Date
11/02/2020
Council Meeting Type
Work Session Regular
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<br />Feasibility Study 112316 <br />City of Lino Lakes, Minnesota <br />The following tables identify how the rating criteria are applied to the six funding alternatives. <br />Storm Water Funding Alternatives Comparison <br /> <br /> <br />G <br />e <br />n <br />e <br />r <br />a <br />l <br />Ad <br />Valorem <br />Taxes <br />Special <br />Assessments <br />Impact <br />Fees Grants <br />Special <br />Tax <br />District <br />User <br />Fee <br />Storm <br />Water <br />Utility <br />Fair <br /> Charge Based on <br />runoff <br />N <br />O NO MAYBE MAYBE NO NO YES <br /> Charge not based <br />upon property value <br />N <br />O NO MAYBE MAYBE YES MAYBE YES <br /> Engineering sound <br />and defendable <br />N <br />O NO YES YES YES YES YES <br /> “Users Pay” N <br />O NO NO YES NO YES YES <br /> Can finance the <br />maintenance of the <br />entire system <br />Y <br />E <br />S <br />YES NO NO NO NO YES <br />Dependable <br /> Does not compete <br />with the general fund <br />N <br />O NO YES YES YES NO YES <br /> Consistent source of <br />funding <br />N <br />O NO NO NO NO YES YES <br /> Separate Dedicated <br />Fund <br />N <br />O NO YES YES YES YES YES <br /> Increase score in <br />finance section of <br />grant applications <br />(matching funds) <br />N <br />O NO MAYBE MAYBE NO MAYBE YES <br />Acceptable <br /> No increase in <br />Property Tax <br />N <br />O NO YES YES NO MAYBE YES <br /> User Fee N <br />O NO NO YES NO MAYBE YES <br /> Not a Tax N <br />O NO NO YES YES NO YES <br /> Understandable and <br />explainable rationale <br />Y <br />E <br />S <br />YES YES YES YES YES YES
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