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i. Evaluate current approvals process and identify areas for <br />improvement (pending update of Comp Plan) <br />b. Lead party: Community Development Staff <br />Key Contributors: City Council <br />Comprehensive Plan Advisory Panel <br />c. Funding Source: General Fund. Primarily Staff Time <br />6. Establish an appropriate revenue generation and allocation policy <br />for the City <br />A. Calendar Year 2007 <br />(1) Objective: Review Stormwater Utility Study <br />a. Key Action Steps: <br />i. Review /revise original SWU study <br />ii. Present draft proposal to City Council <br />iii. Create public information materials /mailings <br />iii. Hold public information meetings — public input <br />iv. Hold public hearing /Approve SWU <br />v. Implement utility — 2008/2009 <br />b. Lead party: <br />Key Contributors: <br />Finance /Community Development Staff <br />City Council <br />SEH, Inc. <br />Public Services <br />Funding Sources: Stormwater Management Fund /development <br />related fees <br />STATUS: Review to be initiated in early 2008, <br />(2) Objective: Develop action plan based upon results of the review <br />See # (1) above <br />(3) <br />Objective: Obtain citizen input as to how funds are allocated <br />• Budget information session <br />• Town Hall meetings <br />• Other appropriate forums /methods for achieving citizen input <br />8 <br />