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Agenda - Economic Development Authority - 08/04/2016
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Agenda - Economic Development Authority - 08/04/2016
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3/17/2025 2:31:34 PM
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8/30/2016 11:44:28 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
08/04/2016
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The National Citizen SurveyT" <br /> The final special interest question asked survey participants to indicate their level of support for various funding <br /> sources to maintain City streets in Ramsey.The current method received the most support from residents,with <br /> approximately three-quarters of residents saying they at least somewhat supported the measure.The least <br /> supported funding source by about a quarter of residents was the electric and/or gas utility fee increase. <br /> Figure 11: Street Reconstruction <br /> The City employs a long-term maintenance program to cost-effecti vely maintain all 175 plus miles of City streets <br /> Currently, street reconstruction projects are funded 25%by special assessments levied against benefitting <br /> properties, and 75%by street reconstruction bonds, which are paid back using general property taxes. The City <br /> periodically evaluates funding sources for this on going program. Please indicate the extent to which you would <br /> support or oppose the following funding sources: <br /> â– Strongly support Somewhat support <br /> Current method, which requires 25% of <br /> funding by special assessments levied <br /> against benefitting properties over 5-15 3 - 74% <br /> years <br /> Zero special assessments levied against <br /> benefitting properties, funding 100% by 38% <br /> general property tax increases <br /> Electric and/or gas utility fee increases, 25% <br /> approximately$8 per utility, per month <br /> 12 <br />
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