Stormwater Utility Commission


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  AGENDA ITEM: 5.       
Meeting Date: 09/17/2020  
Submitted By: Justin Turner, Public Works

SUBJECT:
DISCUSSION OF ANNUAL STORMWATER UTILITY RATE ANALYSIS AND APPROVAL OF A NO RATE ADJUSTMENT SCENARIO RECOMMENDATION TO MAYOR AND COUNCIL
RECOMMENDATION:
Staff recommends approval of a no rate adjustment scenario.
EXECUTIVE SUMMARY:
Town Code 15-24-13 Section H says the Stormwater Utility Commission shall annually review the Stormwater
Utility revenue requirements and recommend to the Town Council rate adjustments as necessary. Staff reviewed ongoing Stormwater Utility revenue and expenditures, and have determined that the current rate of $4.50/ERU will be sufficient for FY 20/21 to cover the costs of stormwater management and to provide for the operation, maintenance, and capital improvements of the stormwater system in the Town. Staff is recommending that the current Stormwater Utility Fee of $4.50 remain unchanged.
BACKGROUND OR DETAILED INFORMATION:
  • Annual rate and financial discussion review October 2019 - No rate adjustment recommended
  • Annual rate and financial discussion review September 2018 - No rate adjustment recommended
  • Annual rate and financial discussion review September 2017 - No rate adjustment recommended
  • Annual rate and financial discussion review August 2016 - No rate adjustment recommended
  • New rate adoption by Mayor and Council May 4, 2016
  • Initial rate review report on October 16, 2015 - “Stormwater Utility Rate Analysis” prepared by Assistant Director Aimee Ramsey
  • Rate review, data analysis and scenario evaluation by the Stormwater Utility Commission January 2014 – October 2015
FISCAL IMPACT:
There is no fiscal impact associated with adopting a no rate increase scenario for the Stormwater Utility. The current rate provides the necessary revenue and resources to meet the code mandates placed on the Town by both the federal (EPA) and state (ADEQ) jurisdictional authorities. The current rate is budgeted in this current fiscal year and assumed as the base rate in future fiscal scenarios as represented on the 5-year forecast attached.
SUGGESTED MOTION:
I MOVE to (approve or deny) a recommendation to Mayor and Council to support a status quo base rate for the
Stormwater Utility for the upcoming fiscal year 2020-2021.
Attachments
FY 2021 Fund Summary
Annual Revenue Summary
5 Year Forecast
Rate Review Presentation


    

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