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65B - SERVICE FINANCIAL REPORT
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65B - SERVICE FINANCIAL REPORT
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9/10/2020 5:29:26 PM
Creation date
9/10/2020 5:15:30 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Parks, Recreation, & Community Services
Item #
65B
Date
9/15/2020
Destruction Year
2025
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CRITERIA FOR ESTABLISHING FEES AND CHARGES <br />Criteria is established for each level of the pyramid as indicated below. A full description of the criteria <br />that applies to each level is found in Appendix C. <br />High or Full Tax investment/Low or No Cost Recovery: <br />These criteria apply to the Mostly Community Benefit Tier (1) of the pyramid. <br />Partial Tax investment/Partial Cost Recovery: <br />These criteria apply to the Considerable Community (2) and Balanced Community/Individual Benefits (3) <br />tiers of the pyramid. Keep in mind that a service does not have to meet every criterion. <br />Low Tax Investment/Substantial Cost Recovery: <br />These criteria apply to the Considerable Individual Benefit tier (4) of the pyramid. <br />No Tax investment/Full Cost Recovery: <br />These criteria apply to the Mostly Individual Benefit tier (5) of the pyramid. <br />The following concepts were discussed and are very typical for park and recreation agencies. <br />COMPARATIVE ANALYSIS CRITERIA <br />As part of a pricing methodology, comparative analysis of differing fees structures can reveal market rates <br />and competitive pricing in the marketplace. Comparative analysis (benchmarking) is an important tool <br />allowing for comparison of certain attributes of the PRCSXs management practices and fee structure. <br />This process creates deeper understanding of alternative providers, your place in the market, and <br />varying fee methodologies, which may be used to enhance and improve the service delivery of parks and <br />recreation. The suggested criteria are found in Appendix D. <br />30 <br />65B-34 <br />
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