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Agenda Packets - 1991/10/14
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Agenda Packets - 1991/10/14
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Last modified
1/28/2025 4:50:34 PM
Creation date
7/18/2018 6:23:02 AM
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Template:
MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/14/1991
Supplemental fields
City Council Document Type
City Council Packets
Date
10/14/1991
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III. LONG TERM REVENUE PROGRAM <br /> A. PUBLIC SERVICES <br /> 1. Basic Government Services <br /> The City Charter specifies that the Long Term Revenue <br /> Program shall be a tentative policy for the long term <br /> financing of public services and capital improvements. The <br /> program is thus a general policy statement <br /> outlining the methods by which City services and <br /> capital improvements are to be financed. <br /> The goal of the City is to finance governmental services <br /> provided to residents entirely from recurring revenues in <br /> order to achieve a balanced budget. Additionally, the City <br /> strives to maintain property tax levies at moderate levels. <br /> Most governmental services provided by the City are <br /> accounted for in the General Fund. Services provided are <br /> those traditionally associated with municipal government. <br /> They include General Government: City Council, <br /> Commissions, Administration, Elections, City Attorney, <br /> Finance, and Public Works; Public Safety: <br /> Police, Fire, Emergency Services, and Community Services; <br /> Streets; and Parks and Recreation. In 1990 those services <br /> were financed from the following revenue sources: <br /> Revenue Source Amount Percent <br /> Property- taxes 968,444 40.6 <br /> Licenses & permits 111,391. 4.7 <br /> Intergovernmental 1,054,179 44.2 <br /> Service charges 76,493 3.2 <br /> Fines & forfeits 50,312 2.1 <br /> Interest income 83,391 3.5 <br /> Other 40.091 1.7 <br /> 2,385,181 100.0 .. <br /> 35 <br />
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