Click here for full agenda:
City
and Borough of Juneau
Finance Committee Meeting
May 11, 2005,
at 5 p.m., Chambers
I. Call to Order
II. Roll Call
III. Approval of Minutes
IV. Temporary 1% Sales Tax Projects
The current temporary 1% sales tax expires December 31, 2005. Voters will be asked to renew this 1% temporary tax on October 4, 2005. Projections of available sales tax revenue based on the term of the temporary tax are:
- 5 years - $34,520,000
- 6 years - $41,740,000
- 7 years - $49,040,000
The following projects have been submitted for possible funding. More detailed projects descriptions are included in the packet.
Project Sales Tax Funding Request:
- Gastineau Channel Crossing Environmental Impact Statement $ 1.5M
- Downtown Parking and Transit Facility 7.0M – 10.1M
- Deferred Maintenance & Statter Harbor Improvements 12.0M
- Airport Terminal Expansion and Enhancement 10.9 M - 29.4M
- Areawide Sewer Expansion 15.3M – 26.1M
- Dimond Park Community Center 26.0M – 54.0M
- Eaglecrest Mid-Mountain Chairlift .8M
Total $ 73.5M – 133.9M
V. GO Bond Discussion
A. Capital Project Bonding Needs
and Options
B. Project Cash Flow/budget.
C. GO Bond Debt to Fund Additional
Projects
VI. Information Item
- Memo from Laurie Sica, Municipal Clerk regarding Assembly action deadlines for the October 4, 2005 Municipal Election.
- Contained
in the packet is the Assembly Finance Committee budget meeting schedule
and Assembly action dates.
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