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03/01/2010 Council Packet
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03/01/2010 Council Packet
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3/21/2014 3:31:07 PM
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City Council
Council Document Type
Council Packet
Meeting Date
03/01/2010
Council Meeting Type
Work Session Regular
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The following tables identify how the rating criteria are applied to the seven funding alternatives. <br />Storm Water Funding Alternatives Comparison <br />Feasibility Study <br />City of Lino Lakes, Minnesota <br />A- LINOL0602.00 <br />Ad <br />Valorem <br />Taxes <br />Special <br />assessments <br />Impact <br />Fees <br />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 />NO <br />MAYBE <br />MAYBE <br />NO <br />NO <br />YES <br />Charge not based <br />upon property value <br />NO <br />MAYBE <br />MAYBE <br />YES <br />MAYBE <br />YES <br />Engineering sound <br />and defendable <br />NO <br />YES <br />YES <br />YES <br />YES <br />YES <br />"Users Pay" <br />NO <br />NO <br />YES <br />NO <br />YES <br />YES <br />Can finance the <br />maintenance of the <br />entire system <br />YES <br />NO <br />NO <br />NO <br />NO <br />YES <br />Dependable <br />Does not compete <br />with the general fund <br />NO <br />YES <br />YES <br />YES <br />NO <br />YES <br />Consistent source of <br />funding <br />NO <br />NO <br />NO <br />NO <br />YES <br />YES <br />Separate Dedicated <br />Fund <br />NO <br />YES <br />YES <br />YES <br />YES <br />YES <br />Increase score in <br />finance section of <br />grant applications <br />(matching funds) <br />NO <br />MAYBE <br />MAYBE <br />NO <br />MAYBE <br />YES <br />Acceptable <br />No increase in <br />Property Tax <br />NO <br />YES <br />YES <br />NO <br />MAYBE <br />YES <br />User Fee <br />NO <br />NO <br />YES <br />NO <br />MAYBE <br />YES <br />Not a Tax <br />NO <br />NO <br />YES <br />YES <br />NO <br />YES <br />Understandable and <br />explainable rationale <br />YES <br />YES <br />YES <br />YES <br />YES <br />YES <br />Feasibility Study <br />City of Lino Lakes, Minnesota <br />A- LINOL0602.00 <br />
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