Title
Stormwater Funding Options
Body
Issue/Request:
Funding options for stormwater program.
Key Issues:
Continue discussion on funding options for ongoing stormwater management programs.
Proposed City Council Motion:
[Enter text here]
Background:
In previous discussions the PWC members identified Scenario 2 as the desireable target for an ongoing stormwater program. The committee also reviewed a number of funding sources and narrowed the options for further investigation to 1) a user fee/utility system, 2) a use tax, and 3) the CIP Sales Tax renewal. The City Council approved ballot language to include stormwater projects in the CIP Sales Tax renewal on January 19, 2017. The renewal is to be included on the April 4, 2017 ballot.
This discussion will focus again on identifying an ongoing source of revenue for the proposed program.
Impact/Analysis:
If a user fee funding mechanism is selected, the cost to develop the program to place before voters in the future will need to be budgeted. Costs could be in a range between $300,000 and $400,000.
Presenter
Presenter: Dena Mezger, Director
Recommendation
Recommendation:
Committee Recommendation
Committee Recommendation: