Agenda - Council Work Session - 05/28/2019

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• A: No, and it's unusual for a City to set aside money for road funding. • Q: Is there an average price the City has in administrative fees for each assessment? • A: Those fees add at least 5% to the cost, and that's a conservative figure. • Q: How much in interest is the City paying on its bonds? • A: Around $600,000/year. • Q: Since 2014, has the City done anything proactive to accumulate money? • A: They've increased the levy. Road Construction • Q: The $500,000 in annual maintenance— does that include construction and maintenance? • A: It only includes maintenance and does not include mill and overlay or reconstruction. • Q: How does this affect dirt roads? • A: It typically doesn't have any effect on gravel roads. A typical policy is that you only pay once and then the city takes it over from the maintenance side. • Q: Is there a way to know when my street will be redone? • A: We have a map of the projects that we'll put on our website soon. • Q: When we went through this 5 years ago, projections were based on how the streets were used at the time, whereas the traffic on those streets may be different now. • A: Good point, that's why the PASER system is so important. Sometimes roads deteriorate faster than we anticipated or last longer than expected. • Q: I live on a road without sewer and water. If the franchise fee comes in, would I pay for that? • A: In that situation, if they needed to bring in sewer and water, they'd typically wait until the road needs to be redone and then put it in at that time. • Q: If you decline to have your road fixed to the point where it needs to be reconstructed, isn't that far more expensive? • A: Yes Tax Levy • Q: What is the amount levied to property taxes in 2019 for road debts issued? • A: $473,000 • Q: So the county disbanded the wheelage tax. Does the City have that option? • A: No, only counties have that option.