Item B: Strategies for Long-Term Transportation Needs

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ATTACHMENT C Assessment of Financial The service fee revenues will grow naturally as new homes Stability & Political and commercial/industrial construction occurs. New Feasibility development therefore can be expected to cover its own street lighting service cost.. Revenue will also be quite stable because occupancy is not subject to large swings from year to year. These characteristics are highly desirable in funding a growth-impacted and infrastructure-dependent service such as street lighting. Street lighting provides convenience and safety for motorists, pedestrians and bicyclists. Most people will probably agree that some level of street lighting is an essential service and should be funded, especially on arterial/collector streets. Establishment of a street lighting service fee would probably be politically accepted if citizens feel that the alternative may be an unacceptable reduction of street lighting services, and the fee is seen to fairly allocate costs of the service. The discussion of a street lighting fee would take place within the context of a broader discussion of the range of services that are now funded by the city’s Road Fund. Potential economic Adverse economic impact will be minimal. The monthly fee Impacts will be small and unlikely to discourage economic activity. On the other hand, street lighting services reduce personal and property damage from accidents, discourage criminal activity and encourage business and industry during night hours, Insofar as this service is made possible with revenue from the proposed fee, it will have a positive economic impact. Consistency with Council The following Council Goals apply to discussions of the Goals & Policies desirable level of operation and maintenance of street lighting services and possible implementation of a fee to support those services: ? Safe Community: A community where people feel safe, valued, and welcome ? Effective, Accountable Local Government: A government that works openly, collaboratively, and fairly with the community to achieve measurable and positive outcomes ? Fair, Stable and Adequate Financial Resources: A government whose ongoing financial resources are based on a fair and equitable system of revenues and are adequate to maintain and deliver municipal services