Subject:
Title
Preliminary Surface Water Rate Resolution for the FY 2017 Surface Water Service Assessment.
label
Recommended Action:
Recommended Action
Adopt the Preliminary Surface Water (SW) Rate Resolution for the FY 2017 Surface Water Service Assessment.
Body
Strategic Plan:
Practice Superior Environmental Stewardship
3.3 Protect and improve the quality of our water, air, and other natural resources
Foster Continual Economic Growth and Vitality
4.4 Invest in infrastructure to meet current and future needs
Deliver First Class Services to the Public and Our Customers
5.2 Be responsible stewards of the public’s resources
5.3 Ensure effective and efficient delivery of county services and support
Summary:
This is the Preliminary Surface Water Rate Resolution for FY2017 (FY17). It establishes the Annual SW program cost for FY17 at $20.9 million. The proposed (assessment) rate for FY17 is unchanged at $117.74 per “equivalent residential unit" (ERU).
Total estimated revenue for FY17 is $19.6M. Based on the projected expenditures for FY16, the gap between FY17 revenue and program costs will be offset by fund balance and will allow for the necessary cash flow to cover the first two months of FY17.
Background Information:
Currently, the Surface Water Assessment is brought to the Board of County Commissioners for annual adoption through a preliminary resolution and a final public hearing to be held on September 14, 2016, at 6:00 p.m.
Fiscal Impact:
The recommended assessment of $117.74 per ERU is unchanged from the prior fiscal year. It is estimated to generate $19.6M to meet stormwater needs in the unincorporated area.
Staff Member Responsible:
Kelli Hammer Levy, Environmental Management Division, Public Works
Partners:
N/A
Attachments:
Preliminary Surface Water Rate Resolution