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Franklin staff recommends stormwater fee increase to stabilize fund; option to build 15% reserve urged
Summary
City staff presented a stormwater cost-of-service study showing expenditures outpacing revenues and recommended a fee increase in FY27. Officials flagged four options, including an aggressive plan to make the fund self-sustaining and build a 15% reserve; small residential bills would rise modestly under proposed scenarios.
City of Franklin staff on Feb. 10 presented a cost-of-service study for the stormwater fund that shows revenues have not kept pace with rising expenditures, and recommended moving forward with a fee increase in fiscal 2027.
Skye, the city dministration management fellow who led the study, told the Board of Mayor and Aldermen that current revenues cover personnel and operating costs but do not support equipment replacement or capital needs without transfers from the general fund. "Expenditures have continually outpaced revenues since 2022," Skye said, citing past years when the fund relied on reserves or transfers.
The study presented four options.…
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