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Lake Elmo considers using stormwater revenues for street-related work, staff proposes 8% rate increase
Summary
Council discussed whether stormwater funds can be used for street-related stormwater improvements, heard staff recommend an 8% rate increase and debated financing options (utility fees, bonds, equity for nonprofits and phased rate changes); full utility study and rate proposal will be presented next week.
Council members spent an extended period reviewing the stormwater utility's finances and options for funding stormwater improvements tied to street projects.
Director Hannah (staff) summarized the fee history: "The stormwater fee started at $20 in 2004. It, was up to $95 for '25, 2025. Our recommendation... is an 8% increase," she said, adding staff view the increase as a step toward expense recovery over time.
The conversation turned to financing structure. A council…
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