Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council asks staff for fiscal impact analysis of an EIFD for North Sacramento
Summary
Council directed staff to undertake a fiscal impact analysis to evaluate an Enhanced Infrastructure Financing District for District 2 in North Sacramento; proponents said it could unlock infrastructure funding for sidewalks, lighting and parks, while skeptics warned of risks to the general fund if revenue projections fall short.
Council member Dickinson asked the City Council to authorize staff to study the feasibility of establishing an Enhanced Infrastructure Financing District (EIFD) covering parts of District 2 in North Sacramento, and the council gave direction to proceed with a fiscal impact analysis.
"The point of this proposal is to identify, and build a sustainable, predictable source of funding for infrastructure improvements," Council member Dickinson said as he framed the item as a request for analysis rather than formation. Amanda Wallace, a project manager in the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
