Page 438 - Microsoft Word - FY 2021 tax info sheet

i. Level I: Identify any potential new revenue sources.
ii. Level II: Evaluate user fees in order to remain competitive.
Identify and/or implement new revenue sources.
Evaluate property tax rate increase.
Evaluate water and wastewater rate increases.
Evaluate use of available fund balance.
i. Level III: Recommend property tax increase.
ii. Recommend water and/or wastewater rate increase.
iii. Recommend new revenues, or increases in current fees.
iv. Recommend use of available fund balance.
v.
b.
c. Expenditures:
i. Freeze newly created positions.
ii. Implement a time delay for hiring vacant positions.
d. Revenues:
i. Identify any potential new revenue sources.
e. Service Level Impacts:
i. Minor service level disruptions and/or delays.
ii. New projects may be postponed or deferred.
iii. Begin planning for Levels II through IV.
iv. Implement Community Communication Plan in order to communicate to citizens
any service levels that may be impacted.
f. Improvement in Economic Conditions. When the estimated annual revenue equals or
exceeds the budget projections for 3 consecutive months, and economic indicators are
anticipated to continue to improve, initiate normal operating procedures.

2. Level II: The estimated annual revenue is below budget projections for 6 consecutive months.
Current economic conditions and indicators are anticipated to continue.
a. Expenditures:
i. Implement a managed‐hiring program for vacant positions.
ii. Reduce the hours/number of part‐time and seasonal employees as per Reduction
In Force Policy.
iii. Reduce travel and training expenses.
iv. Review and prioritize reductions of operating and capital expenditures.
v. Eliminate or defer capital outlay expenses.
vi. Review and prioritize expenses for professional and contracted services.
b. Revenues:
i. Evaluate user fees in order to remain competitive.
ii. Identify and/or implement new revenue sources.
iii. Evaluate property tax rate increase.
iv. Evaluate water and wastewater rate increases.
v. Evaluate use of available fund balance.
c. Service Levels Impacts:
i. Cutbacks or reductions in non‐essential day‐to‐day operations (number of times
parks are mowed, hours of operations of facilities).
ii. Defer general (non essential) maintenance.
iii. Prioritize and defer or freeze vehicle replacements, computer upgrades and new
computer purchases. Replacements for essential non‐working equipment are
allowed, subject to approval by the City Manager.

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