Laserfiche WebLink
reporting of all fire funds <br />get. a Fire Operating Fund <br />. No Major Equipment Fund <br />3 Lake on behalf of the <br />[reement since under the <br />City agrees to maintain an <br />lunteer members to a Joint <br />such appointees shall be <br />lory Committee shall meet <br />commendations regarding <br />he provision of fire service, <br />I Joint Advisory Committee <br />B Fire Departments budget <br />I arriving at a consensus <br />Operating Budget, a Year <br />et amount by August 15 of <br />fire service from the Long <br />the costs of the Annual <br />are will be based upon a <br />ket Value of the protected <br />rwer resources utilized to <br />ly allocate "insurance** type <br />Tie Contracting Cities have <br />vill be based upon Market <br />5 expended on calls to the <br />16.1 Definitions: <br />A. City Fire Service Area is the area within a Contracting City provided <br />fire protection under this contract. The City Fire Service Area for each <br />Contracting City is shown in Appendix A attached. <br />B. City Fire Service Area Market Value Is the assessed market value <br />of the property in the City Fire Service Area, and Is based upon the <br />assessed market value for the year Immediately preceding the budget <br />year. The source of the assessed market value data shall be the <br />Hennepin County Assessor's Office. <br />C. Total Service Area Market Value is the sum of the City Fire Service <br />Area Market Values of all contracting cities. <br />D. City Market Percent is the percentage computed by dividing the <br />City Fire Service Area Market Value by the Total Service Area Market <br />Value and multiplying by 100. <br />E. City Call Hours is the total number of fire fighter hours expended in <br />responding to calls in the City Fire Service Area as record^ by The <br />Long Lake Fire Department during the preceding three year period <br />measured from June 1 throughout May 30. <br />F. Total Call Hours is the total number of fire fighter hours expended In <br />responding to calls in ail contracting cities during the previous three <br />year period measured from June 1 through May 30. <br />G. Call Percent is the percentage computed by dividing the City Call <br />Hours by the Total Call Hours and multiplying by 100. <br />H. City Budget Percentage is the percentage derived from the sum of <br />the City Market Percent multipiled by 0.7 and the City Call Percent <br />multiplied by 0.3. <br />16.2 Budget Share Computation; <br />City Budget Share is the City Budget Percentage multiplied by the <br />Annual Ooeratino Budget less any Major Equipment expenditures <br />and the resulting product divided by 100.