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Council hears $51 million in one-time needs and a menu of revenue options
Summary
City Manager told the Lodi City Council the strategic-plan implementation could require $51 million in one-time funding and listed options including modest reallocations, public-private partnerships and potential new revenues; staff did not propose a specific tax measure and no vote was taken.
City staff told the Lodi City Council on April 16 that implementing the city's strategic plan and catching up on deferred maintenance could require large, one-time funding and a range of revenue strategies.
The City Manager presented planning-level tallies and said, "We need 1 time funding of 51,000,000." He also listed a vehicle replacement fund need of $5,000,000, facility maintenance needs of $17,000,000 and parks rehabilitation and upgrades of…
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