Order the special meeting of the town council of the town of Erie on May 6, 2025 at 6 p.m.

Uh, before we um actually do the Pledge of Allegiance, I just want to say that this is being called not as a study session, but as a special meeting, all that means is it allows us to make motions and seconds and vote on things if we want to do that.

Um, we're still gonna run this as uh the study session format.

So the idea here is flee free flow conversation.

I will only jump in if people start to talk over each other.

All right, with that, will you please join me in the Pledge of Allegiance?

I pledge allegiance to the plan of the United States of America into a work for which it stands one nation under individuality.

Council member here, mayor we have a form.

All right, great.

Um do we have a motion to approve the agenda tonight?

Motion to approve second.

All right, we have a motion second, all in favor say aye.

All opposed say no.

All right, motion carries.

We have an agenda.

Three topics tonight on our agenda.

Uh the first one is um really looking at the uh the financial analysis underneath the comp plan.

This is a follow-up discussion from another study session we had a couple months ago um with the complan.

The second item is uh our broader uh community questionnaire or survey, and then the last one is just an open um discussion on surveys past, present, and future.

With that, I will uh turn it over to our director of planning, uh Sarah Normela.

Hey, thank you, Mayor, Mayor Pro Tem and Council members.

Um my name's Sarah Normella, I'm the planning and development director, and I have with me several staff as well as uh our consultants.

Um so Josh Campbell is our senior strategic planner.

You'll be hearing from him as part of this presentation.

And we also have David uh Dr.

David Passick and John Peruzzi, who are here to answer questions if needed.

And uh the bulk of the presentation will be provided by uh Kevin Shepherd with Virginity.

And so we thank him for for coming all the way from Texas for this presentation.

Um so I'm gonna get us started though.

What we intend to do tonight.

Slow transition is to inform council.

As the mayor mentioned, we are returning back to council after our initial presentation on the comprehensive plan.

There was interest in understanding the fiscal model and analysis that was conducted as part of the comprehensive plan.

So we are go going to walk through that.

And then we also have a few more minor elements that uh were also brought up, and one was just education and awareness about the comprehensive plan, some initial thinking about that, as well as the unified development code update, which is a big uh push that would come um after our comp plan.

So we want to get some direction on those next steps.

So that's the format for tonight.

So we're gonna spend a lot of time with the fiscal analysis.

And I'll just start us off by um just introducing the concept of fiscal health.

Um might hear about it, but not really understand what that means for uh for a municipality that's essentially our financial well-being over time, and that includes our ability to provide services and infrastructure over time with the revenues that we pull in and like our property taxes and sales taxes and other fees.

That's the big picture.

Uh but fiscal health has a lot of elements that do impact it.

And one of the things that we'll be talking about tonight is the development pattern that does have an impact.

How many how long are your streets?

How many streets?

How long is your infrastructure?

Um, how does density play into the whole fiscal health of the community?

So we'll we'll go into more detail on that.

Um, land uses also have an impact on your fiscal health.

If you look at the pie chart on the right, the bright green on the left side of the chart, that's exempt property.

That's our open space, our public properties.

That's not bringing in any any money for us.

So as you think about um, you know, what it what are our land uses that are really bringing in sales tax revenues through purchases, uh jobs, employment, property tax, those are the darker green on the right side of that pie chart.

So that's something to keep in mind, and then also our revenue sources property tax, sales tax, those especially sales tax, which is hugely important for us in Colorado, that can fluctuate over time.

What other revenues do we have?

And so the diversity and the um backstop is an important element to our fiscal health is how we're diversifying those revenues.

Um this is just an illustration that we found is part of our analysis that uh Kevin conducted, and it shows the land, the um revenue by land use.

And so as you look at oh goodness, if I can see this, I can't even see it that's not uh residential is on the left, and so you can see on the in the very left, the dark green is just our revenue that we that we receive.

The lighter green is the revenue minus the maintenance costs to maintain those areas, and then the gray is in the future, what that might look like as the as your maintenance costs increase.

So you have less to work with than you had before.