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District proposes new storm‑drain fee starting at $3 per month
Summary
As part of the utility study, consultants proposed establishing a new storm‑drain user fee beginning at $3 per month with annual increases (example model: 8% growth) to build a dedicated fund for storm infrastructure.
Fred of LRB Public Finance recommended creating a separate storm utility rate to fund storm‑drain needs. “Here we're just focusing on establishing a rate, at $3 and then growing that rate,” Fred said, adding the storm fund will require more aggressive action than the water fund and that staff would monitor year‑to‑year performance and adjust if the plan diverges from targets.
Fred presented model outcomes showing the $3 starting point growing at an assumed rate (example cited: 8% annually), and noted that, under the plan, the storm fund balance approaches the district's minimum near the end of the planning horizon and would need reevaluation. The board did not record a separate vote on the storm fee in the transcript, but the new schedule of rates considered by the board included water, sewer and storm‑drain fees.
