REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Fred A. Wilson, City Manager
PREPARED BY: Gilbert Garcia, Chief Financial Officer
Subject:
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Adopted Resolution No. 2018-29, a Resolution of the City Council of the City of Huntington Beach Amending Resolution No. 2016-59, Establishing the Consolidated Comprehensive Citywide Master Fee and Charge Schedule (Supplemental Fee Resolution No. 5) - Continued from May 21, 2018 with Public Hearing Open
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Statement of Issue:
A best practice in government finance is for cities to update their user fees and charges on a regular basis. The last comprehensive User Fee Study was completed by the City in 2016. Adjustments to the Citywide Master Fee and Charges Schedule are recommended for approval based on a review performed by City Staff and the Finance Commission.
Financial Impact:
Citywide user fees and charges currently generate approximately $19.5 million in annual All Funds revenue with $18.3 million in the General Fund. In the Adopted General Fund Budget of $224 million for FY 2017/18, this represents approximately eight percent of total General Fund revenue. The monies generated by City-wide user fees and charges are used to support many of the services funded through the budget, including public safety which represents 55 cents of every dollar spent in the General Fund. If adopted as proposed, the updated Schedule may generate up to $88,000 in additional revenue in the Fourth of July Fund (Fund 204) in the next fiscal year to help ensure a balanced budget for the event. The FY 2018/19 Proposed Budget includes the anticipated revenues in the Fourth of July Fund. There are no anticipated changes to General Fund revenues.
Recommended Action:
recommendation
A) Conduct a public hearing regarding the Master Fee and Charges Schedule Adjustments; and,
B) Adopt Resolution No. 2018-29, "A Resolution of the City Council of the City of Huntington Beach Amending ...
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