Marina Highlights 2007 0612 - Laserfiche WebLink

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Town Hall Input Page 2 of6 May 12, 2007 Assessment (2) - Establishment of an assessment district could be done city-wide or based on a smaller area, and could be handled via mail-in ballot requiring majority approval. Assuming a city-wide assessment to generate $2.4m, and a 60/40 split ofresidential vs. commercial contribution (similar to the 2004 Proposed Public Safety Parcel Tax), the assessment per single family household would be approximately $53.50. A typical business would pay $11 per 1,000 square feet of building. Charge for parking (2) - A parking fee, as well as a fee for the use of the park, was explored in 1993, and the community was unsupportive of the concept. Additionally, it raised accessibility issues for the restaurants, hotel and golf course, as well as concerns from neighbors that people would park in the residential neighborhoods to avoid paying fees. Charge EBDA (2) - EBDA 's pipeline appears to run south of the channel and is buried underwater and surrounded by rip-rip. The pipeline runs four miles out and therefore discharges an additional two miles past the channels end. There is no evidence that the pipeline contributes to siltation. Charge L VMA (discharge) - See above. L VMA is a member of EBDA. Cost control of City expenses and overhead. - Th.? City could explore strategies to reduce some of the $1.15m in operating and overhead expenditures. The remaining costs included in the $1. 7m in expenditures are debt service. Reduce costs/close down operations Too expensive to operate boat harbor Referendum on ballot - A ballot referendum could be used to gain input from the community or obtain funding. County resources Parcel tax - The City could bring a ballot measure to the voters. See assessment above. Sales tax increase - A percentage increase in the city-wide sales tax would require two-thirds voter approval. This type of funding may be more appropriate for high priority concerns such as public safety or street maintenance. A one-fourth percent sales tax could generate up to $5.75m annually. Bond - Bonds are generally used for capital projects which require a large sum of money to complete and which will be used for years to come. A parcel tax or assessment district would be more appropriate methods of funding dredging and on-going operating costs. Reduce fees to increase occupancy - It's not clear that decreasingfees would increase occupancy. In 2000, the City began increasing fees after nine years of no fee increases. Although occupancy decreased to 60% in 2005-06, revenue increasedfrom $523k in 2000 to $840k in 2006.