The Matrix Consulting study, released on Jan. 11, shows that the district receives an annual operating subsidy from Atherton property owners of more than $7 million in tax revenue.
The town has emphasized that the study was not looking at the quality of service provided by the fire district.
The study also looked at what it might cost for the town to contract out its fire services or form its own municipal fire department.
If the council approves the proposal for additional work by Matrix, the end result would be a report about what the process for leaving the fire district would be, including costs, procedures and risks; and a look at possible legislative means to reallocate property tax revenue.
Also on the agenda for the meeting, which starts at 7 p.m. in the town's council chambers at 94 Ashfield Road, is approval of final plans for a new civic center. Approval would allow the town to send the project out to bid.
A report on the civic center says the current total cost of the project is estimated to be $53,534,664, including contingencies. The project includes a new city administration/police building, a new library, a renovated historic town hall, and corporation yard site work.
The schedule shows bids are to be returned by May 22, and the council is to approve a bid on June 6.
Also on the agenda is a report on the water capture facility proposed for Holbrook-Palmer Park. The facility, which would capture storm water to prevent flooding and remove pollutants, has attracted opposition, especially from residents who live close to the park. The report suggests that the council discuss ways to do more public outreach before June, when it must make a decision on whether to go ahead with the project or lose the Caltrans funding that would pay for it.
The agenda also includes a look at the town's mid-year budget, showing town revenues are expected to exceed projections for the fiscal year by $1,096,851, while spending has increased by $157,444.
The report says the total assessed value of property in Atherton has grown by approximately 60 percent since the 2011-12 fiscal year. Last year's property tax revenues were 5.8 percent higher than had been budgeted.
This story contains 440 words.
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