Agenda Packets - 1987/07/27 - Laserfiche WebLink

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1987 LONG TERM FINANCIAL PLAN Page Twenty -Seven !� The City has been active and will continue to be so in searching for and utilitizing various Federal and State Grant programs to lessen reliance on the property tax levy. One area in which the City has been active is in obtaining manpower through the Minnesota Emergency Employment Development Program (MEF.D) and the Jobs Partnership Training Act (JPTA) and their predecessors. These programs have provided the City with additional manpower in the following areas: Public Works Maintenance, Parks Maintenance, Parks and Recreation Administration, and General Administration. Another area in which the City has been successful in obtaining grants -in -aids have been street maintenance. Increased revenues for maintenance of Minnesota State Aid (MSA) Streets have been obtained for 1984 - 1987. It is anticipated that the City will continue to receive increased maintenance funds in the future. Other grants -in -aids received by the City include: Civil Defense, Police Training and Police and Fire State Aids to offset police and fire department pension costs. Through these revenue sources the City seeks to reduce reliance on property tax levies. Additionally, property taxes and all other revenue sources are used to meet the City's goals of achieving balanced budgets by financing current services with current revenues. 2. Utility Services Current operations of the Water and Sewer utilities should be financed entirely from the fees charged the users of the utilities. User fees should be established at a level sufficient to provide for annual recurring operating expenses, depreciation expenses, retirement of bonded debt, and an allowance for emergency repairs. This will ensure that users of the utilities will pay their fair share for services received and will also maintain the financial integrity of. the Water and Sewer Fund.