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As part of the City’s enterprise effort, evaluate City services and pursue actions to accomplish the <br />following: <br />The City will charge fees, which reflect the total cost of the activity or programs. <br />Make services financially self-supporting or, whenever possible, strive to develop and maintain <br />them as profitable. <br />Establish user charges and fees at or near a level related to the direct, indirect, and overhead <br />cost of providing the services for the enterprise operations. <br />•Annually review City services and identify those for which charging user fees are appropriate. These <br />services will be identified as enterprise services and fees will be set for each. Included, as part of this <br />process, will include an analysis that compares our fees to that charged by other cities. <br />•Provide Administrative and Financial services which are entrepreneurial in nature. The intent of <br />entrepreneurial services will be to augment City revenues, enhance service level capacity and to create <br />efficiencies for both the City and its partners. <br />Selected criteria: <br />To determine the specific rate to charge a fee for services rendered, the rate criteria can be one of five <br />approaches: <br />1.Market Comparison <br />Attempt to set fees equal to the market rate. <br />2.Maximum set by External Source <br />Fees set by legislation, Uniform Building Code, etc. <br />3.Entrepreneurial Approach <br />Fees will be commensurate with cost while providing efficiencies not otherwise available <br />to the City. <br />4.Recover the Cost of Service <br />Program will be self-supporting. <br />5.Utility Fees <br />An analysis will be completed each year to determine the rates necessary to meet the <br />operating costs, encourage conservation, and provide for equipment replacement and <br />working capital. <br />III. CASH AND INVESTMENTS <br />Effective cash management is essential for fiscal management. Investment returns on funds not <br />immediately required can provide revenue for the City. Investment policies are in compliance with legal <br />and administrative requirements which protects the City funds being invested. <br />Legal Requirements: <br />Minnesota Statutes authorize and define an investment program for municipal governments. <br />A.Investment Instruments Authorization <br />The City of St Anthony shall invest in the following instruments as allowed by Minnesota Statutes: <br />78