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HomeMy WebLinkAboutA001 - Council Action Form dated May 23, 2017 ITEM # �� DATE: -2 -17 COUNCIL ACTION FORM B ECT: 2017 STORM WATER UTILITY RATE ADJUSTMENTS BACKGROUND: The development of land in the City has resulted in an expanded amount of impervious surface which has increased the cost of both operations and capital for the Storm Water utility. The increased expenditures will help to reduce overland flooding and maintain compliance with storm water runoff regulations. On February 7, 2017, staff presented City Council with an overview of the Storm Water Drainage Utility Fund. At the end of the discussion, City Council directed staff to prepare a rate increase ordinance. The increase would be effective for utility bills mailed on and after July 1, 2017. The attached updated Ordinance Section 28.802 accomplishes the City Council's direction and supports the CIP projects previously approved by the City Council. The proposed rate changes reflected below were reviewed in several steps of the budget process including the budget public hearing. Tier Impervious Current Charge Charge Per Area/Account Per Account Per Account Per Ran a SF Month Month 1 150-10,000 $4.70 $4.95 2 10,000.01-30,000 $9.40 $9.90 3 30,00.01-90,000 $14.10 $14.85 4 90,000 and above $42.25 $44.55 ALTERNATIVES: 1. Approve the attached rate ordinance on first reading, thereby increasing storm water utility rates effective July 1, 2017. 2. Direct staff to make modifications to the rate ordinance. 3. Do not take any action to adjust storm water utility rates at this time. MANAGER'S RECOMMENDED ACTION: The proposed rate increases are necessary to fund the on-going operations and maintenance budget plus the anticipated capital improvements projects. The proposed rate changes in the ordinance were reviewed in several steps of the budget process including the budget public hearing. Therefore, it is the recommendation of the City Manager that the City Council adopt Alternative No. 1, as noted above.