Agenda Item Wording:
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Fiscal Year 2024-25 Rates and Fees - Receive, review, and discuss proposed new fees, increases, and adjustments to the City's Rates and Fees Schedule for Fiscal Year 2024-25.
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Deadline for Action: 6/3/2024
Submitting Department: Finance and Technology Services
Contact Name and Phone Number: Jana Ferguson 559-713-4429, jana.ferguson@visalia.city; Renee Nagel 559-713-4375, renee.nagel@visalia.city
Department Recommendation:
It is recommended that the City Council receive, review, and discuss the proposed new fees, increases, and adjustments to the City's Rates and Fees Schedule for Fiscal Year 2024-25.
Background Discussion:
Annually, all City's fees, except Impact Fees and Business Tax, are reviewed for annual cost of living adjustments for the upcoming fiscal year. Annual inflationary adjustments help Departments cover costs and lessen the burden on the General Fund so that the fund will be available to cover critical operations including public safety. Per City ordinances, Impact Fees and Business Tax fees are adjusted annually by specific CPI indices.
There are two meetings to review the Rates and Fees for Fiscal Year 2024-25. The first meeting, on June 3rd, is for presentation and discussion only; to receive, review, and discuss the proposed changes to the City's Rates and Fees Schedule. The second meeting, on June 17th, is to conduct a Public Hearing and take action to adopt the City's Rates and Fees Schedule for Fiscal Year 2024-25. If approved, the effective date is July 1, 2024, for all rates and fees except Impact Fees which require a 60-day notice making the effective date for these fees August 17, 2024.
Fee increases are based on established indexes. The City uses the California Consumer Price Index for All Urban Consumers (CCPI-U) as the basis for most fee adjustments. Impact Fees are required by City ordinance to use a building industry index known as the Engineering News Record Construction Cost ...
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