7.2 SR 12-16-2024 - Laserfiche WebLink

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City of Elk - River To City Council Meeting Date December 16, 2024 Request for Action Item Number 7.2 Prepared By Tina Allard, City Clerk Item Description Reviewed by Ordinance 24-26 : Adopt 2025 Master Fee Schedule Cal Portner Resolution 24-80 Summary Publication of Ordinance Tina Allard 24-26 Action Requested 1. Mayor Dietz to open and close the public hearing. 2. Adopt, by motion, Ordinance 24-26 approving the 2025 Master Fee Schedule. 3. Adopt, by motion, Resolution 24-80 for summary publication of the ordinance. Background/Discussion The city adopts user fees to fund services provided or required due to the request or action of an individual or entity. A fee for service enures the individual/entity bears most, if not all, of the costs incurred by the city to provide that service. These user and regulatory fees are set according to the estimated reasonable cost of service, including direct and indirect costs. When a fee does not fully cover the cost of service, another city revenue source subsidizes that cost and in most cases it's the General Fund. The City Council reviews and updates user fees on an annual basis to help reduce the need for a General Fund subsidy, which is paid for with taxpayer dollars. Some of the fees have already been reviewed as part of the budget review and adjustments reflect the need to recover things such as increased regulatory costs, staff time, indirect costs, or development related impacts on city services. The following bullet points note where changes have been made. Development Fees ■ SAC/Sewer ■ Street Disruption Permit Environmental ■ Floodpain Permit ■ Garbage The Elk River Vision A avelcoming community with revolutionary and spirited resourcefulness, exc ptional service, and community p p W E H E U A Y engagement that encourages and inspires prosperity IMUMM 273