09/07/2010 Council Packet - Laserfiche WebLink

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Report Funding The original 2006 report was completed at a cost of $18,000. The 2010 update was prepared at an estimated cost of $5,000 plus any additional service billed on an hourly basis. Funding for the reports is provided by the city's Surface Water Management Fund. The Surface Water Management Fund is adeveloper funded trunk storm water account established by the city council in 1994. The purpose of the fund is to meet the administrative, planning, ponding, mitigation and water quality needs resulting from development. No property tax dollars were used to cover the cost of the reports. Summary of Storm Water Utility Benefits • The city operates a storm water management system and there is a cost to maintaining that system. • There are mandated Federal and State storm water program requirements that all cities must meet. • City residents already pay for these costs through property taxes. The Storm Water Utility is just a different method. • The Council maintains control over the storm water management budget. • The council approves the storm water utility budget and the projects each year. • A separate storm water utility budget makes expenditures more transparent for city residents. • The utility will NOT fund construction of improvements for new development • The storm water utility is more equitable to all users— the more storm water runoff a property contributes to the system the more the property pays resulting in lower costs for single family residences. Council Direction Staff is requesting council direction regarding any proposed changes. The continued public hearing and consideration of the 1st Reading are scheduled for the September 13, 2010 meeting. Attachments 1. Storm Water Utility/ General Fund Budget Comparison 2. Draft Storm Water Utility Ordinance 3. Draft Storm Water Utility Credit Policy 4