ACTION REQUESTED:
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Communication from City Manager and Public Works Director with a Request to Hold a POLICY SESSION regarding STORMWATER FUNDING and Provide Direction to Staff as Appropriate.
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BACKGROUND: Funds for the Study of a Stormwater Utility were included in the 2014 Community Investment Plan. Staff requests a Policy Session on this topic before advertising a Request for Qualifications for the study.
A Stormwater Utility is a designated funding source for projects and programs associated with stormwater drainage. A fee is determined, usually according to the water-shedding characteristics of a property. Properties with large roofs and parking lots would pay a higher fee than properties with large areas of grass. Steps to establish a Stormwater Utility include a Funding Feasibility Study, Public Involvement to advise how the fee is calculated and desired projects to undertake, a Preliminary Rate Study, and determining all property charges and preparation of a Stormwater Utility Ordinance to be considered by the City Council. A designated funding source for drainage programs and projects can be used for the City's Combined Sewer Overflow Long Term Control Plan, as well as for pro-active maintenance on aging storm sewer infrastructure. This Stormwater Utility Development would be a one-time effort. If established, the Stormwater Utility would operate as an enterprise fund.
FINANCIAL IMPACT: To be discussed.
NEIGHBORHOOD CONCERNS: This undertaking would include a significant public involvement component.
IMPACT IF APPROVED: Policy Session will be held.
IMPACT IF DENIED: Policy Session will not be held.
ALTERNATIVES: None
EEO CERTIFICATION NUMBER: N/A
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL'S 2014 - 2029 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Financially Sound City Government, Effective City Organization
2. Grow Peoria: Businesses, Jobs, and Population
3. Attractive Neighb...
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