§ 42-272. Revisions.

Upon the recommendation of the city manager, the city commission may, by adoption of a resolution, revise the interim proprietary and general services fee rate by increasing or decreasing the annual rate and rounding to the nearest dollar. Any rate revision to the interim proprietary and general services fee shall take effect on the January 1 that follows the adoption of the rate revision by the city commission. The fees in this article and any revised fee shall be calculated based upon a reasonable estimate of the annual net cost of city services divided by the total number of residential and nonresidential units actually existing and those estimated to be built as of April 1 of the year in which the revised fee is to be adopted, then adjusting the fee for each of the respective land uses, based upon customer impact factors and upon the service demand for each such land use. The fee shall be stated in annual dollar rates, but shall be assessed on a prorated daily basis. The fee, however, may only be revised once a year and may not be increased by more than 25 percent from one year to the next. The fee may not exceed the costs to the city of providing city services to new development.

(Code 1988, § 20-65)