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CITY COUNCIL WORK SESSION <br />Topic Report: Fiscal Impact Model <br />By: Diana Lund, Finance Officer <br /> <br />Background: <br /> <br />The City Council was presented a draft copy of the Fiscal Impact Model on July 15, <br />2003. Since this time, staff has been working with Rusty Fifield from Hoisington <br />Koegler and Paul Donna from Northland Securities and an updated analysis has been <br />completed. The numbers in the study have been updated to better reflect projected <br />growth that will be occurring in the City of Ramsey over the next several years (through <br />201S). <br /> <br />Additional handouts pertaining to such items as the tax impact on residential/commercial <br />property tax owner will be handed out the night of the meeting. <br /> <br />Mr. Fifield and Mr. Donna will be at Tuesday night's meeting to go through the analysis <br />and answer questions that Council may have. <br /> <br />Action Statement: <br /> <br />Review and discuss fiscal impact study. <br /> <br />CCWS: 03/09/04 <br /> <br /> <br />