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Lynn Haven hears options to raise stormwater revenue, reconfigure tiers to fund $6.4M capital plan

2158395 · January 27, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City consultants presented options to increase stormwater assessment revenue and reconfigure tiers; commission signaled support for recalibrating tiers and considering a one-time rate increase combined with surtax funding to cover capital needs.

City officials and outside consultants presented detailed options on Jan. 28 for restructuring Lynn Haven’s stormwater assessment and raising revenue to fund a multi-year capital plan.

The presentation, led by Peter Napoli of Santa Consulting and Kyle Stevens, reviewed the city’s stormwater revenue history, current service tiers and a five-year capital program. Napoli said the assessment was moved from a monthly utility fee to an annual property-tax assessment in 2022 and noted the fund’s unaudited beginning balance for 2025 is approximately negative $676,000. He and Stevens laid out scenarios that would allow the stormwater fund to pay operations and capital without transfers from other enterprise funds.

The consultants and staff described three broad approaches: keep current rates (which would require deferring projects and leave the fund in deficit); a “rip the band‑aid” one‑time large increase to reach full funding quickly (a roughly 70% revenue increase in the consultant’s example); or a smaller one‑time increase (about 50%) combined with a proposed annual surtax contribution (shown in the…

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