Laserfiche WebLink
70 <br /> IL REVENUE POLICIES <br /> A. Purpose <br /> The revenue policies are designed to ensure 1) diversified and stable revenue <br /> sources; 2) adequate long-term funding by using specific revenue sources to <br /> fund related programs and services; 3) funding levels to accommodate all city <br /> services and programs equitably. <br /> B. Policy <br /> The city will maintain a diversified and stable revenue system in order to avoid <br /> short-term fluctuations in a single revenue source. <br /> The city will establish fees and charges based upon the actual cost of providing <br /> services. <br /> The city will'annually evaluate the relationship of its fee structure to actual <br /> expenditures for fee services and readjust it for increased costs and inflation. <br /> • User fees and charges will be directly related to the."full cost" of providing <br /> the service (direct and indirect costs) <br /> The city will set a sanitary and water fee to cover all the costs including <br /> depreciation as well as administrative and general government costs. <br /> The city will offset reduced revenues with reduced expenditures. <br /> • <br />