Costing Recreation Services
As part of a Cost of Services Study we are usually asked to provide the full cost of Recreation services and then make recommendations to adjust these fees. But, as there is a direct connection between the costs and the resulting fees for most other departments in a city, identifying the full costs of Recreation […]
The Proposition 13 con job
Forty years ago, in 1978, California voters passed Proposition 13 by an overwhelming margin. This proposition significantly changed California public finance by reducing property taxes. The rationale for its passage was that it saved people, especially those on fixed income, from losing their homes due to large increases in property taxes. Howard Jarvis, the author […]
Comprehensive or Targeted Fee Study
There are two different approaches to doing a Fee Study. You can either do a comprehensive study that involves the entire organization or do a more targeted approach that just reviews departments with a large amount of fee revenues. There are pros and cons to each approach. Comprehensive Fee Study The main benefit of this […]
Thirty Years of Impact Fee Experience
This last January 16th I watched with no small amount of pride while the Chino City Council adopted an updated set of development impact fees. It shouldn’t have been remarkable as I see such successful DIF adoptions seven or eight times a year. What was remarkable was that the Chino City Council had done the […]
Cost Studies
The same person who is credited with inventing accounting, Luca Pacioli, an Italian mathematician from the 15th century, is also credited with inventing cost accounting. Where “regular” accounting is important for financial statements, cost accounting is essential for determining what products cost and how they should be priced. In large private sector companies, there are […]
Allocating Administrative Functions in Other Departments
Allocating Administrative Functions in Other Departments
Mitigating the Impact of Accrued Benefit Payouts
You’re going into the fiscal year with a balanced budget and no clouds on the fiscal sky. Suddenly, in July, your police chief announces his retirement. The chief has been at the city his entire career. Beginning as a patrol officer, he rose through the ranks and is beloved by the community. You do a […]
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