 Members
Meeting Materials
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The role of this work group is to formulate a comprehensive financial program for closing the
City's long-term funding gap for urban infrastructure maintenance and improvements. In
completing this assignment, the work group shall:
- Validate the City's funding needs for maintaining and providing streets and
highways, water, wastewater, stormwater, and parks over the next 6 years and
longer term, and the financial gap that exists in meeting these needs.
- Review and evaluate viable financing tools (i.e., utility rates, revenue bonds,
general obligation bonds, financial incentive packages, wheel tax, utility
connection fees) to provide adequate and predictable funding for the timely
provision of public infrastructure.
- Prepare a six year and as appropriate longer range financing and capital
improvements staging plan for review by the full Committee that provides a
comprehensive solution for funding the City's infrastructure maintenance
and development needs.
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Infrastrucure Finance