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Stormwater fund review: Public Works plans 10–15 construction projects in FY26 using bond and loan financing
Summary
Public Works told the budget committee the stormwater program will move 10–15 construction projects into FY26 using WIFIA loans and stormwater revenue bonds; the fund collects roughly $37 million a year in stormwater fees, and staff flagged a forecasting notation about an intra‑fund balance transfer.
Public Works briefed the budget committee on May 7 about the Stormwater Fund and a set of planned drainage projects it expects to advance in fiscal 2026.
Scott Morgan, director of the Division of Public Works, said the city funds a stormwater capital program that is supported by the stormwater fee, collected on MLGW bills, and that the division is working under an MS4 permit and a large basin program…
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