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<br />RELATED CITY POLICIES <br />The Budget Committee has adopted Financial Management Goals and Policies that guide financial <br />decisions of the organization. The policies include statements related to municipal service priorities and <br />non-dedicated revenues such as not earmarking non-grant revenues for specific purposes. <br /> <br /> <br />COUNCIL OPTIONS <br /> <br />1. The council may provide direction to revisit this issue in the fall after the legislature has adjourned <br /> with an enacted budget, and the results of the Lane County Income Tax proposal known. <br />2. The council may provide direction to prepare a proposal for an income tax option to provide funding <br /> for the Eugene 4J and Bethel 52 school districts and City youth services. <br />3. The council may provide direction to prepare a proposal for other potential revenue options, <br /> including a business license fee to provide funding for the Eugene 4J and Bethel 52 school districts <br /> and City youth services. <br />4. The council may take no action. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br />The City Manager recommends no action. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />No motion is suggested. <br /> <br /> <br />ATTACHMENTS <br /> <br />A. Personal income tax revenue template <br />B. Corporate income tax revenue template <br />C. Business license fee revenue template <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Renee Grube <br />Telephone: 682-6065 <br />Staff E-Mail: Renee.L.Grube@ci.eugene.or.us <br /> L:\CMO\2007 Council Agendas\M070418\S070418B.doc <br />