ACTION REQUESTED:
Title
Communication from the City Manager and Director of Public Works with a Request to Concur with the Recommendation of Staff to SET a PUBLIC HEARING before the City Council on TUESDAY, JANUARY 26, 2021, at 6:00 P.M., Regarding the Establishment of a CITY-WIDE CSO SEWER RATE AND APROVAL OF PROPOSED RATES FOR 2023 -2026. (All Council Districts) (Ref Council item #20-303)
Body
BACKGROUND: The City Council approved a Consent Decree to control Combined Sewer Overflows (CSOs) on December 15, 2020. As indicated in the CSO Consent Decree discussions, revenues from a new CSO sewer rate will be needed to support the City's application to the Illinois Environmental Protection Agency's (IEPA's) State Revolving Loan Fund. Rate increases will be initiated on May 1, to coincide with Greater Peoria Sanitary District (GPSD) fiscal year and billing cycles.
City Municipal Code requires that the rate adjustments be discussed at a Public Hearing (Section 31-78).
See attachment for more details.
FINANCIAL IMPACT: The CSO Sewer Rates will impact a typical residential customer by about $5 per year, beginning May 1, 2023, and increasing an additional $5 per year, beginning May 1 of years 2024 - 2026.
NEIGHBORHOOD CONCERNS: Eliminating combined sewer overflows is a mandate that will improve water quality in the Illinois River and improve legacy neighborhoods with green infrastructure.
IMPACT IF APPROVED: The Public Hearing will be scheduled.
IMPACT IF DENIED: The Public Hearing will not be scheduled.
ALTERNATIVES: N/A
EEO CERTIFICATION NUMBER: N/A
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL'S 2017 - 2032 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Financially Sound City
2. Safe Peoria
3. Grow Peoria
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Invest in our infrastructure and transportation.
2. Have an efficient government.
3. Keep taxes and fees co...
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