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5A Public Hearings 2019 0603
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5A Public Hearings 2019 0603
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7/18/2019 3:45:40 PM
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5/29/2019 3:41:33 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
6/3/2019
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PERM
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Reso 2019-094
(Approved)
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\City Clerk\City Council\Resolutions\2019
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MAJOR GENERAL FUND REVENUES <br /> <br />FRANCHISE FEES, cont. <br /> <br />Analysis <br />In 2017-18, actual franchise fee revenues remained the same as 2016-17. The proposed <br />increases in revenues are anticipated in the current fiscal year and throughout the ten- <br />year forecast primarily based on Refuse and Cable franchise fees. <br /> <br />Forecast <br />Franchise Fee revenues are projected to grow at a conservative pace with an average of <br />2.5% growth over the next ten years. The cable and refuse franchise fee revenues are <br />basically the impetus for the average growth. <br /> <br /> <br /> <br /> <br /> <br />Actual Projected <br />2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 <br />Cable $0.9 $1.0 $0.9 $0.8 $1.1 $1.1 $1.1 $1.2 $1.2 $1.2 $1.2 $1.3 <br />Electric 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.7 <br />Gas 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 <br />Refuse 2.5 2.5 2.6 2.7 2.7 2.7 2.8 2.9 2.9 3.0 3.1 3.2 <br />Sewer Service 0.8 0.8 0.9 0.9 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 <br />Recycling 0.2 0.2 0.2 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 <br />Total Collections $5.1 $5.2 $5.3 $5.5 $5.6 $5.7 $5.8 $6.0 $6.1 $6.2 $6.4 $6.7 <br />$ Change - 0.1 0.1 0.2 0.1 0.1 0.1 0.2 0.1 0.1 0.2 0.3 <br />% Change 0.0% 1.9% 1.9% 3.8% 1.8% 1.8% 1.7% 3.4% 1.7% 1.6% 3.2% 4.7% <br />Projected RevenueProposed <br />(Dollars in Millions) <br />FRANCHISE <br />FEES <br />61 <br />83
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