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Collier County officials flag $300 million stormwater shortfall; options include utility, MSTU or commercial paper
Summary
Transportation officials told commissioners the county faces a roughly $300 million, five‑year stormwater funding gap and presented short‑ and long‑term options including commercial paper to bridge FY26 needs and a dedicated stormwater funding source such as a stormwater utility, municipal service taxing unit (MSTU), ad valorem levy or surtax.
Collier County officials told the Board of County Commissioners on June 19 that the county faces a multi‑year stormwater funding shortfall and that a mix of short‑term borrowing and a dedicated long‑term revenue source will be required to address neighborhood flooding and aging drainage infrastructure.
Transportation Management Services Department head Trinity Scott said the department’s five‑year stormwater deficit exceeds $300,000,000 and that fiscal year 2026 alone shows an unfunded need of $64,250,000. “For fiscal year 26 and 27 shortfall solution, we’re gonna need to consider solutions such as commercial paper for this this large, amount of money,” Scott said, and added the county also must identify a stable long‑term funding source: “we need to identify a consistent and sustainable funding source for stormwaters.”
The nut graf: county…
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