Committee members and staff discussed the financial condition of the city’s enterprise funds and the fee‑study work intended to address persistent shortfalls.

Francis and other staff explained that several enterprise funds have operated without capital and maintenance funding for years, and the committee heard that parking is currently the only enterprise fund not dipping into reserves. The city intends to complete separate fee studies for sewer, stormwater, reclaimed water and parking and bring recommended mid‑year adjustments to the commission; staff estimated the fee studies would be completed in September and that any recommended changes would include public engagement.

Staff noted that enterprise funds have been used to subsidize general fund needs in the past (for example, transfers to the general fund and prior years’ siphoning from stormwater), and that returning enterprise funds to health would, over time, create more capacity to support general fund priorities including resiliency projects. Committee members pressed staff to clarify timing and the likely magnitude of fee adjustments and asked that staff return clear analyses of impacts to residents and businesses.

Staff said the fee studies will include parking and that parking revenue projections were corrected in the current budget; staff also reiterated that fixing long‑deferred capital needs will take multiple years even if fee adjustments are adopted.