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Stormwater fund to grow to roughly $6M; staff cites rate increase and borrowing
Summary
Staff presented a planned expansion of the stormwater program that would grow the fund from just over $1M to about $6M, funded partly by a proposed rate increase and borrowing for capital purchases.
Sarah Campbell described a large planned expansion of the stormwater fund, telling commissioners that the fund would increase from "just a little over 1000000 dollar fund to a $6,000,000 fund." She said the increase reflects both a proposed rate increase and the use of borrowed money to accelerate capital purchases and equipment acquisition.
Commissioners asked for details on timing and operations; staff said some of the funding will be held in reserve for capital purchases and added that three full-time stormwater positions are proposed to support enhanced maintenance. The commission did not take any formal action but will consider the stormwater rate and program as part of the upcoming public hearings.
