Agenda Item Wording:
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Fiscal Year 2025-26 Rates and Fees - Receive, review, and discuss proposed new fees, increases, and adjustments to the City's Rates and Fees Schedule for Fiscal Year 2025-26.
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Prepared by: Jana Ferguson, Financial Analyst 559-713-4429, jana.ferguson@visalia.gov; Renee Nagel, Finance Director 559-713-4375, renee.nagel@visalia.gov
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 2025-26.
Summary:
Each year, 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. City ordinances adjust Impact Fees and Business Tax fees annually by specific CPI indices.
There are two meetings to review the Rates and Fees for Fiscal Year 2025-26. The first meeting, on June 2nd, is to receive, review, and discuss the proposed changes to the City's Rates and Fees Schedule. The second meeting, on June 16th, is to conduct a Public Hearing and take action to adopt the City's Rates and Fees Schedule for Fiscal Year 2025-26. If approved, the effective date is July 1st, 2025, for all rates and fees except Impact Fees, which require a 60-day notice, making the effective date for these fees August 16th, 2025.
Background Discussion:
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 Index (ENRCCI). In like manner, City ordinance dictates that the Business Tax fees will be adjusted by t...
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