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Special Assessments: Recommendations for Implementing an Effective Policy

Special Assessments: Recommendations for Implementing an Effective Policy. Kim Hayden May 5, 2007 ISE 8105. The Problem… How to Fund. Many funding options available Amount of $ not keeping up with need Assessments offer financing option for local improvements Follow Chapter 429 Legislation

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Special Assessments: Recommendations for Implementing an Effective Policy

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  1. Special Assessments:Recommendations for Implementing an Effective Policy Kim Hayden May 5, 2007 ISE 8105

  2. The Problem… How to Fund • Many funding options available • Amount of $ not keeping up with need • Assessments offer financing option for local improvements • Follow Chapter 429 Legislation • Each agency has their own policy • Which is working best?

  3. Who Benefits? • Taxpayers – see their $ go to improvements that benefit them directly • Local agency – get funding assistance for local projects

  4. ISE Themes Present • Asset Management - funding local improvements - prioritizing improvements • Financial Management • Securing available funds • Law and Ethics

  5. Project Outline • Overview of available Funding Options • Survey of Local Agency’s Special Assessments Policies • Analysis of What is Working Well Based on Size of Agency • Recommendation for Establishing Agencies for Implementing a New assessment Policy

  6. Example of Survey Results

  7. Questions or Suggestions?

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