levels of revenue and most closely conform to the subcommittee's guiding principles." (Transportation <br /> System Funding Interim Report, dated June 2001). Excerpts from the subcommittee report entitled <br /> "Subcommittee Discussion — Transportation Funding Alternatives" is included here as Appendix A. <br /> Potential Alternative Revenue Options, January 2006 - As an alternative to implementing service <br /> reductions in the operations and maintenance (O &M) component of the city's transportation service <br /> system for FY07, council could consider the implementation of one or more alternative revenue options, <br /> such as those that follow: <br /> • Street Lighting Fee — Under this concept, the City would levy a city -wide street lighting fee to fund <br /> the operation, maintenance and enhancement of the City's street lighting system along arterial, <br /> collector and neighborhood streets. The revenue would be dedicated to paying the cost of maintaining <br /> light fixtures, replacing fixtures and parts, and utilities. This revenue mechanism would also allow <br /> Council to begin to address the issue of missing street lights along arterial and collector streets. More <br /> detailed information is provided on this potential new revenue mechanism in Attachment B. <br /> .. .. • . _ .. <br /> 111 .. s.. •. • ,• ... .. . <br /> •... <br /> • - - - <br /> .. .. • •- <br /> .. • - . , .l 111 - ••:. .. -- . • • - , -. .. <br /> • Shift Funding for Street Trees Program to Other City Funds — Council could consider transferring the <br /> specific road - related programs which are now supported by dedicated Road Fund dollars to one or <br /> more other city funds. Specially, the Street Trees Program with an FY07 Proposed Budget of <br /> $1,370,596 and 8.8 FTE could be transferred to the General Fund and/or Stormwater Fund. This <br /> program was transferred from the General Fund to the Road Fund in the early 1990s in an effort to <br /> reduce budgetary pressure on the General Fund service system. However, it may now be appropriate <br /> to consider returning the financial obligation for street tree activities back to the General Fund and/or <br /> Stormwater Fund. {Do we want to say more about the connection of street trees to SWF ?} <br /> Generating sufficient additional Stormwater program revenue to fund a $685,000 street trees program <br /> in the Stormwater Fund would require a one -time rate increase in the neighborhood of 6.5 — 7.0 %, <br /> effective July 1, 2006. <br /> 4 <br />