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<br />Þ Implement the ·10% W ater/ Wastewater utility rate increase as recommended <br />by the 2003 rate study <br />ELECTRIC UTILITY FUND <br /> <br />* Electric Utility <br />Þ Do not increase electric utility rates <br />... Consider ways to reduce expenditures <br />Þ Continue pay-as-you-go funding of capital improvements <br />... Conduct an electric utility rate study to determine the need for future rate <br />changes <br /> <br />II. Maior Policy Issues <br /> <br />* Employee Benefits/ Raises <br />... Fund salary increases as recommended by the market study. <br />... Bring all civil service employees to the appropriate salary step level <br /> <br />* New Personnel <br />... No new personnel <br />... City Manager will evaluate and recommend additional staffing needs to <br />sustain current services and programs <br /> <br />* Capital Outlay <br />... Appropriate $500,000 for Capital Outlay in the General Fund <br /> <br />* Greenspace <br />... Allocate $35,000 for Greenspace to fund staff-identified project ($30,000) and <br />$5,000 for the Greenspace line item <br />... Consider Park Development Policy revisions concerning the City's <br />development and infrastructure participation for park dedication <br /> <br />III. External Pro2:rams <br /> <br />* Hotel! Motel Fund <br />... Maintain the current tax revenue <br />distribution percentages and the <br />current program allocations <br /> <br />* Social Services <br />... Allocate a total of$350,000 from <br />the General Fund for social <br />services, reflecting elimination of <br />public service funding from CDBG <br />funds. <br />... Maintain $5,000 funding level for a <br />future Youth Center <br /> <br />Hotel! Motel Fund Distribution <br /> <br />CVB <br />Arts Commission <br />Main Street <br />Hispanic Chamber <br />Tanger! Prime Advertising <br />Council Tourism Account <br />Future Convention Center <br /> <br />56.0% <br />6.5% <br />19.5% <br />7.0% <br />4.5% <br />1.0% <br />5.5% <br /> <br />Budget Policy Workshop <br /> <br />February 27-28,2004 <br /> <br />2 <br />