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Fiscal Feasibility Study: Formation of City-County of Aurora

Fiscal Feasibility Study: Formation of City-County of Aurora

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Read the "Fiscal Feasibility Study: Formation of City-County of Aurora" prepared for the City of Aurora, Feb. 12, 2014.
Read the "Fiscal Feasibility Study: Formation of City-County of Aurora" prepared for the City of Aurora, Feb. 12, 2014.

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06/13/2014

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 City of Aurora
 
Item #: SS: 1st: 2nd: 3a 2/24/14
Council Agenda Commentary
 
Item Title:
City County Feasibility Study
Item Initiator:
 Lawson, Michael - Fin/Budget Prog Administrator - Finance
Staff Source:
 Wolfe, Michelle - Deputy City Manager - General Management
City Manager/Deputy City Manager Signature:
Skip Noe
Outside Speaker:
Julie Herlands, TischlerBise, 301-320-6900
 Council Goal:
2012: 6.0--Provide a well-managed and financially strong City
 
ACTIONS(S) PROPOSED
 
(Check all appropriate actions) 
 
 Approve Item as proposed at Study Session
 
 Approve Item with Waiver of Reconsideration
 
 Approve Item and Move Forward to Regular Meeting
 
 Approve Item as proposed at Regular Meeting
 
Information Only
 
PREVIOUS ACTIONS OR REVIEWS: Policy Committee
Name: Public and Intergovernmental Relations Policy Committee Meeting Date: Minutes Attached
 
Minutes Not Available
 
 Actions Taken: Recommends Do Not Recommend
 
Forwarded without Recommendation
 
Recommendation Report Attached
 
HISTORY
 
(Dates reviewed by City council, Policy Committees, Boards and Commissions, or Staff. Summarize pertinent comments. ATTACH MINUTES OF COUNCIL MEETINGS, POLICY COMMITTEES AND BOARDS AND COMMISSIONS.)
Staff has provided regular monthly updates on this report to the Public and Intergovernmental Relations Policy Committee since the October 21, 2013 special study session.
ITEM SUMMARY
 
(Brief description of item, discussion, key points, recommendations, etc.)
This report is the culmination of an initial phase of study on the potential formation of a City-County of  Aurora. The City retained the services of TischlerBise and its sub-consultants to study the feasibility of such a formation with an emphasis on the fiscal impacts. The study is primarily a fiscal impact analysis that estimates costs to provide county services and related facilities as well as estimates the revenue implications of the formation. The fiscal feasibility study identifies a baseline starting point for operating and capital costs using  Arapahoe and Adams Counties as the foundation. The study does not at this time identify efficiencies in service provision, efficiencies in facility use, or policy decisions that may result in cost savings. It does reflect maximum potential costs for county services and facilities to serve a City-County of Aurora. Furthermore, the study provides projections for 20 years of future growth, which can be viewed as a relatively short amount of time given that forming a City-County of Aurora has lasting implications for many future generations beyond an initial 20-year period. Finally, the study assumes an equalized county
 
property tax rate that generates the same amount of “county” revenue from the City of Aurora as is
generated today from the three counties in which the City is located. This rate is then used to project future property tax revenues. Again, this reflects a baseline starting point assumption for the analysis. Further analysis can test different tax rate assumptions. City staff has prepared an addendum that suggests possible next steps for Council to consider following the issuance of the feasibility study conducted by TischlerBise.  A related PowerPoint presentation will be provided to Council by staff at the February 24 study session. The presentation will walk Council through each element of the feasibility study drafted by TischlerBise.
QUESTIONS FOR COUNCIL
 Does Council wish to consider next steps regarding Aurora becoming a city-county at a future study session or workshop?
LEGAL COMMENTS
 The City Manager shall be responsible to the council for the proper administration of all affairs of the City placed in his charge and, upon the request of the City Council, shall have the power and duty to make written or verbal reports at any time concerning the affairs of the City under his supervision. City Charter § 7-4(e). Mike Hyman
PUBLIC FINANCIAL IMPACT
 
(If Yes, EXPLAIN)
Yes No
PRIVATE FISCAL IMPACT
 
(If Significant or Nominal, EXPLAIN)
Not Applicable Significant Nominal
The report being presented is a fiscal feasibility study pertaining to Aurora becoming a combined city and county government. If the City does become a combined government, there would be significant impacts on the City's revenues and expenditures.
EXHIBITS ATTACHED:
 1 CiCo Feasibility Study.pdf 2 CiCo Feasibility Study - Appendix A - Service and Facility Plan Assumptions.pdf 3 CiCo Feasibility Study - Next Steps Addendum.pdf
 
City of Aurora, Colorado Service and Facility Delivery Plan Assumptions: City-County Formation
i
 
FISCAL FEASIBILITY STUDY
 
FORMATION OF CITY-COUNTY OF AURORA
Prepared for
City of Aurora, Colorado
February 12, 2014
With assistance from

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