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Des Moines forecast: general fund likely needs $1M–$2M a year; council asks staff to analyze revenue options
Summary
Outside consultants told the council a 15-year forecast shows the general fund will likely need $1–2 million in additional recurring revenue to maintain reserves. Staff presented a menu of options (utility franchise adjustments, cameras, car-tab increase, parking and transfers) and council asked staff to pursue further analysis, including an impact-fee study and marina parking-rate review.
Consultants from FCS told the Des Moines City Council on Feb. 5 that a conservative 15-year forecast indicates the general fund will require additional recurring revenue — roughly $1 million to $2 million per year — to meet reserve policy and sustain current service levels through the next decade.
Todd and Luke of FCS said the Surface Water Management and Marina enterprise funds appear healthy under current assumptions, but the general fund’s revenue mix (about one-third from sales and…
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