COUNCIL AGENDA ITEM
SUBJECT:
title
Resolution 2024-R-19 - Annual Fire Assessment Fee
body
DEPARTMENT:
Finance / Fire
SUMMARY:
The City Council approve the first year of Fire Services Assessment for FY23 that would be imposed against real property for the purpose of paying for fire protection services. Staff is recommending continuation of Fire Services Assessment for FY25.
The Initial Fire Assessment Resolution was approved at the July 1, 2024 council meeting.
The Fire Assessment Fee will be imposed until discontinued or changed.
Fire Services Assessment Rates:
|
Residential Property Use Category |
Rate Per Dwelling Unit |
|
Residential |
$50.00 |
|
Non-Residential Property Use Categories |
Rate Per Square Foot (capped at 97,000 sq. ft.) |
|
Commercial |
$0.03 |
|
Industrial/Warehouse |
$0.01 |
|
Institutional |
$0.05 |
The Estimated Gross Revenue for Fiscal Year 2024-2025 is $704,041; estimated exempt buy-down is $32,037 and collection costs of $49,665. Estimated Net Revenue therefore is $622,339
BUDGETED ITEM: ☐ Yes ☐ No ☒ Not Applicable
BUDGET AMENDMENT REQUIRED: ☐ Yes ☐ No ☒ Not Applicable
RECOMMENDED ACTION:
Motion to approve Resolution 2024-R-19