HomeMy Public PortalAboutAB 13-108 Funds for Capital Improvements
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 13-108
Meeting Date June 13, 2013
AGENDA ITEM INFORMATION
SUBJECT:
Discussion and Direction Regarding Funding for Capital Improvements
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
Originator
City Manager
Clerk
Supporter
Treasurer
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
unknown
Parks and Recreation
FUNDING SOURCE:
unknown
Airport
Library
TIMELINE:
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
It has been identified that there are significant capital improvement projects the need to be done in the City of McCall. Mayor Bailey has requested that the Council engage in a discussion
regarding the funding opportunities for Capital Improvements, including street repairs and paving, sidewalks, new buildings, etc. Raising the property tax by 3% each year seems to
barely keep up with inflation and perhaps fund a few small projects. Mayor Bailey proposes two alternative paths available for the City to raise revenue sufficient to fund the various
and many capital needs. One path is to present to the Voters a proposal for approval of a general obligation bond. Another is to present to the Voters another type of Local Option Tax
funding with an increase in sales tax. It is being proposed to seriously consider either of the two methods described and present at least one to the voters at the November election.
From a staff perspective the time associated with the process of these two methods is significant. If the Council identifies this to be a priority, community involvement which includes
community forum type meetings, will need to take place. An ordinance will have to be developed and adopted by Council and then submitted to the County by September in order to get it
on the November Ballot. It is unlikely that either would be ready for the November Ballot; however staff could work toward the May election deadline provided Council gives that direction.
RECOMMENDED ACTION:
Council Direction.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION