Title
Consideration of and action on an ordinance amending Appendix B (Schedule of Fees) for the monthly drainage utility fee.
Body
Summary:
The City established the Municipal Storm Water Drainage Utility System and the related monthly drainage utility fee in September 2012. Section 106.604(e) of Appendix B - Schedule of Fees was updated to reflect the monthly billing rate of $1.32 per Equivalent Residential Unit (ERU). This billing rate is commonly referred to as the storm water fee and is shown in the Schedule of Fees as "the monthly billing rate for residential and nonresidential property, per ERU." The rate of $1.32 per ERU has not been updated since inception. To support the operations and capital expenditures of the Storm Water Fund, it is necessary to implement a rate increase at this time. To accommodate the current and future needs of the Storm Water Drainage Utility System, a ten percent (10%) increase is recommended for the Fiscal Year 2016-2017 budget year. This would increase the cost from $1.32 to $1.45 per ERU. The new rate would be effective on November 1, 2016, and the City would begin collecting revenues based on the new rate in December 2016.
Fiscal/Budgetary Impact:
The storm water fee in the Fiscal Year 2016-2017 budget includes a ten percent (10%) rate increase.
Recommended action
Review and adopt the ordinance changing Appendix B - Schedule of Fees for the monthly drainage utility fee.