File #: 24-109    Version: 1 Name:
Type: Administrative Business Status: Agenda Ready
File created: 4/25/2024 In control: City Council
On agenda: 7/15/2024 Final action: 7/15/2024
Title: Costs Associated with Metro District Audit - Alternative Funding Methods
Sponsors: City Council
Attachments: 1. Council Communication

Title

Costs Associated with Metro District Audit - Alternative Funding Methods

 

Body

Summary and Background Information

I motion for the city manager and attorney to collaborate on creating a fiscal impact report detailing the financial costs associated with conducting additional metro district audits and research to explore alternative funding methods for future infrastructure projects.

 

This report should encompass various expenses, such as the cumulative retainer costs for outside legal counsel and the cumulative salary and benefits of city employees involved in this research effort. This report should begin Dec. 1, 2023, and conclude when the alternative “framework” is presented for funding infrastructure.

 

Councilmember Responsible:  Oscar Madera

Co-Sponsor:  Charles Dukes