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Tri-Aqency Meetinq -7- 11/7/95 4. Urban Renewal assistance to $2 million. 5. Street and Walkway Safety to 1995 and moved up all 6. Combined local government 7. Met the tax coordination for County Service Center up Bond Measure to be moved up subsequent CIP bond measures. tax rate kept below cap. concerns of business. It was indicated that many proposals are on the table from all entities. The proposed amended Property Tax Management Plan provides for these needs within a framework of decreasing tax rates. Proposed Amended Plan Ken Roudybush (County) described the purpose of the Property Tax Management Plan is to forecast the tax implications of the management and service requirements of the City, County, Transit District, Urban Renewal Agency and Regional Library on the "Local Government Combined Property Tax Rate" as established under the 1990 Ballot Measure 5. The Plan is also to coordinate those tax implications in a way that recognizes the agencies' mutual and individual public priorities and, thereby, allow their mutual constituencies to review local government services and associated costs as a sum of its parts, rather than individually. In addition, the Plan should coordinate the tax rate needs for local government services in a consistent and ongoing manner which assures that governments party to the Plan will solicit taxpayer support in a non-competitive atmosphere; and to prov.ide the public with a 5-year forecast of the maximum annual tax rate exposure incurred by the proposed services of the individual and combined local governments. He noted that the Plan does not legally restrain the legislative prerogatives of the party agencies, but the public should expect that the parties hereto shall act in a coordinated and cooperative fashion so as to assure the fiscal soundness of the mutual community as a whole. This plan refers only to the funding designations within the $10.00 cap. Mr. Roudybush explained that the Plan is created to look at prioritizing needs, determine when we need them and what we need most. The parties will try not to find each other on the ballot at the same time. Many vot~rs have the opinion that not everything on the ballot should pass. They either take a"pick and choose" attitude or reject everything. The desire is to create a foundation and plan that the public can see for a future tense.