Future Financial Opportunities Committee

Print
Press Enter to show all options, press Tab go to next option

On July 24, 2018, the City Council authorized the establishment of the Future Financial Opportunities Committee (FFOC) to evaluate revenue options and strategies to address current and projected General Fund structural deficits and to avoid reductions in City services. Many of the expenses driving the projected deficits are from outside sources and include but are not limited to, cost increases in PERS retirement contributions, insurance premiums, and landscaping maintenance. The Committee’s task was to consider strategies for increasing General Fund revenues to address the impending structural deficits.

The Committee met ten times between September 2018 and March 2019, and received information on the City’s current and future financial status, and considered revenue options including: various taxes, user fees, fines, and commercial and economic development opportunities. 

Below is the FFOC final report which was presented to the City Council on April 9, 2019.

FFOC Final Report Cover

Final Committee Report

FFOC Committee Report - Presentation

   

Future Financial Opportunities Committee Agendas/Minutes