Office of the City Clerk

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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:

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