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Consultation has concluded
The City estimates a $3.9 million shortfall in revenue in 2020 and a similar or larger shortfall in 2021 as a result of the COVID-19 pandemic. In addition to increasing property taxes, reducing costs and services, and drawing on reserves, the City is considering options to increase non-taxation revenue in order to address the shortfall.
One of the options being considered is to expand pay parking programs in the downtown and in City parks and recreational areas. Staff estimate about $500,000 of the shortfall could be addressed by increasing revenue from pay parking.
The City estimates a $3.9 million shortfall in revenue in 2020 and a similar or larger shortfall in 2021 as a result of the COVID-19 pandemic. In addition to increasing property taxes, reducing costs and services, and drawing on reserves, the City is considering options to increase non-taxation revenue in order to address the shortfall.
One of the options being considered is to expand pay parking programs in the downtown and in City parks and recreational areas. Staff estimate about $500,000 of the shortfall could be addressed by increasing revenue from pay parking.
Through this survey, the City would like to understand the community’s views of expanding pay parking to help address the shortfall and provide a sustainable source of funding. The information gathered will be used to develop recommendations for the upcoming budget.
*UPDATE* Please note that a tax increase to address the shortfall would be over and above any other required property tax increase.
You can fill out the survey below or access a paper copy from the Shape Your City kiosk outside City Hall. The survey will run until Wednesday, August 5.
The City estimates a $3.9 million shortfall in revenue in 2020 and a similar or larger shortfall in 2021 as a result of the COVID-19 pandemic. In addition to increasing property taxes, reducing costs and services, and drawing on reserves, the City is considering options to increase non-taxation revenue in order to address the shortfall. One of the options being considered is to expand pay parking programs in the downtown and in City parks and recreational areas. Staff estimate about $500,000 of the shortfall could be addressed by increasing revenue from pay parking. Through this survey, the City would like to understand the community’s views of expanding pay parking to help address the shortfall and provide a sustainable source of funding. The information gathered will be used to develop recommendations for the upcoming budget. The survey will run until Wednesday, August 5.
*UPDATE* Please note that a tax increase to address the shortfall would be over and above any other required property tax increase.
Consultation has concluded
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