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Council discusses setting aside portion of bed tax or sales tax to fund redundant water supply
Summary
Vice Mayor John Cojan suggested dedicating part of the bed tax or sales tax revenue to build a reserve for a redundant water supply; council treated the suggestion as discussion-only and recommended future councils consider it in budget planning.
During the Nov. 13 meeting Vice Mayor John Cojan raised a proposal for future councils to consider dedicating a portion of the city's bed-tax revenue (referenced as 1.5% bed tax) or sales-tax receipts to a reserve fund to pay for a redundant water supply. He framed the suggestion as a way to create a 'war chest' so that even with outside funding from state or federal sources the city would have matching or local funds available to cover city costs without sharply raising rates.
Council response: Members treated the item as discussion only; councilors suggested the concept be integrated into next year’s budget conversations and that dedicating a fraction of incremental sales-tax revenue or bed-tax receipts could reduce the impact on ratepayers when projects proceed.
Outcome: No formal action was taken; staff and future councils were asked to keep the idea under consideration for budget planning.
Provenance: The discussion occurred under new/unfinished business and was explicitly recorded as discussion-only in the transcript.
