Laserfiche WebLink
BUDGET/TIME IMPLICATIONS: <br /> Budget Impact: The establishment of a Stormwater Utility is estimated to generate approximately <br /> $1.67 Million per year. A separate fund would be established for revenue and expenditures <br /> associated with stormwater improvements. During the first 5 years of the stormwater utility, all <br /> funds will be spent on capital improvement projects and increased maintenance. None of the fee <br /> will be used for administrative expenses. Those will continue to be supported by the General Fund. <br /> Staff Impact: Staff time has been allocated for the management of this fund. <br /> This memorandum was prepared by Mary Cave, P.E., Civil Engineer II and reviewed by Matt <br /> Newell, P.E., City Engineer. <br /> Attach: 3 <br /> Page 13 <br />