Tuesday, May 15, 2018

Urbana Fee Changes


Last night's Urbana City Council meeting deliberated on fees to give the budget a boost. From today's News-Gazette:
Fee hikes to boost city’s revenue by $198K
...
The Urbana City Council on Monday gave initial approval to fee changes for the upcoming fiscal year, including increases for parking meters and video gambling terminals.

A final council vote on the proposed license and permit fee tweaks, chosen by the city’s financial department, will happen June 18. That’s also when the council will take a final vote on approving the city budget for fiscal year 2018-19.

All of the proposed fee changes would generate about $198,000 in additional revenue, according to a city staff report. While most of the fee tweaks are 2.13 percent increases, some are higher than that.

The fee on every video gambling terminal, or machine, would rise 7 percent — from $1,010 to $1,080...

One fee that would double is the parking meter rate for streets and parking lots in the downtown area. It would go from 25 to 50 cents per hour, but would still only be enforced from 8 a.m. to 5 p.m. Mondays through Fridays.
More details, including more information on parking fees and a rejected increase on car impound fees, at the full article here.

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