How much would a stormwater utility raise — and what would it cover?
Aug 13, 2026
At the proposed $8.90 per ERU monthly rate the study projects roughly $700,000 in annual revenue; staff said current comparable spending (debt service + operations) is roughly $400,000–$450,000, leaving net new capacity for capital projects and dredging.
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Staff presented high‑level financials tied to the proposed ERU rate. At $8.90 per ERU per month the study projects approximately $700,000 in annual revenue; staff told committees that, when debt service and operating costs are counted, current spending on stormwater is roughly $400,000–$450,000 per year. "So that to me is where we're generating…this fee is generating in the neighborhood of $300,000 a year that we can accrue and put towards $1,000,000 projects," a committee member summarized during the discussion.
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