Boulder City Council Special Meeting 4 28 20

Agenda

No agenda items read for this meeting.

• Long-term finances and tax ballot measures2:45:00at this moment

  because of this disaggregated structure local communities actually collect the majority of retail sales taxes within the state

• Downtown vitality3:33:02at this moment

  I'm personally going to be watching vacancy rates we have a situation on the hill in the double digit vacancies

• Downtown vitality3:34:02at this moment

  downtown build a partnership um you know our Hill partners and the business Community up on the hill

• City budget3:56:02at this moment

  we have a base budget that's based on historical amounts and we also inflate that for or we increase that

• Long-term finances and tax ballot measures4:11:00at this moment

  as far as uh the city's budget property taxes represent 25 percent of general fund um Revenue so it's significant

• Long-term finances and tax ballot measures4:12:00at this moment

  in our modeling we are including a one percent decrease in property tax just to be conservative

• City budget4:32:01at this moment

  as a result of that they did hear from the local governments across the state that average general fund expenditure reduction of 21

• Capital improvement program4:33:02at this moment

  at that time 73 delaying capital projects 66 reducing operating delaying equipment purchases hiring freezes

• Capital improvement program4:39:00at this moment

  we're going to have to re-look at some of these capital projects that we've delayed and really think about

• 5:31:16Boulder City Council Special Meeting 4 28 20watch

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