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<br /> 5.4A <br /> revenues from the telephone user's portion of the tax are anticipated to be approximately Page 2 <br /> $2.5 million forJ=iscal Year 2006-2007. In the event that the City were to apply its utility <br /> users tax consistent with Notice 2006-50, City staff projects that the total telephone users <br /> tax revenues for'Fiscal Year 2006/07 could decrease by approximately $ 2.0 million dollars. <br /> The revenues from the telephone user's tax are critical to the public peace, health and <br /> safety in that these revenues pay the costs associated with essential services, including <br /> traffic signals, road repaid. street lights and public safety. <br /> Alternatives <br /> The City Council could choose to not adopt the proposed urgency ordinance or regular <br /> ordinance and to stop collecting the City's telephone users tax on long distance and <br /> bundled services. <br /> '., ~Jj-. <br /> Ed Everett <br /> City Manager <br /> " ;~ <br /> Attachments:' . <br /> 1. Ordinance <br /> 2. Urgency"Ordinance <br /> i' <br /> "-, . ..--"'.- <br />