Description: AGENDAHED.JPG
 

Item No:                    5E.

 

Meeting Date:           September 24, 2012

 

From:                          Raymond S. Sharp, Public Works Director

 

Subject:                      Resolution reducing rates for the Stormwater Utility

 

 


Staff Recommendation:

Staff recommends adoption of the resolution which will reduce rates for the stormwater utility by $0.50 per Equivalent Residential Unit (ERU), or approximately 8.3%.

 

Analysis:

During the budget workshops, staff presented an analysis of stormwater revenues and expenses.  Primarily because of the utility’s success in obtaining grants for stormwater capital construction projects, the fund balance has grown in recent years.  Projections of revenues and expenses over the next five years show that the stormwater utility rates can be reduced, while still providing sufficient revenues to fund operations, capital projects and repair and replacement projects.

 

Therefore, staff recommended a reduction in stormwater utility rates.  The Commission reached a consensus to accept staff recommendation.  Should this resolution be adopted, it will enact the rate reduction recommended by staff.

 

Options:

1.  Approve the resolution establish the new rate structure for the stormwater utility; or,

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact: 

The resolution will reduce stormwater utility rates by $0.50 per ERU, or approximately 8.3%.  The estimated annual reduction in revenues is approximately $100,000.  The projected fund balance will remain stable throughout the five-year projection.

 

Submission Date and Time:    9/24/2012 3:34 PM____

 

Department:   Public Works

Prepared by:  R. Sharp

Attachments:         Yes____   No  X

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes X   No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head  rss

 

Finance  Dept. __________________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. 014-0000-343.06-00____

 

Project No. N/A________________

 

WF No. N/A___________________

 

Budget  N/A___________________

 

Available N/A__________________


 

RESOLUTION NO.                       

 

 

A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA, ESTABLISHING NEW RATES FOR THE STORMWATER UTILITY PURSUANT TO §22 – 354 OF THE CODE OF ORDINANCES; REPEALING RESOLUTION NO. 7384 ADOPTED ON JULY 11, 2005, WHICH ESTABLISHED THE FORMER RATES FOR THE STORMWATER UTILITY, AND PROVIDING AN EFFECTIVE DATE.

 

 

            WHEREAS, the City of Leesburg has established a Stormwater Utility and levies a fee to fund its operations, and

 

            WHEREAS, 22 – 354 of the Code of Ordinances provides that the amount of the Stormwater Utility fee is to be set by resolution, and

 

            WHEREAS, the City now desires to adjust the rates for its Stormwater Utility fees,

 

            NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:

 

SECTION I.

 

Effective as of October 1, 2012, for any statements rendered on or after that date, the rates for the Stormwater Utility fees shall be as follows:

 

 

 

Land Use

Category

Fee Type

Rate Name

Rate Value

Minimum Fee

Residential

On Site

RONSR

$   3.30

$   1.98

Residential

Off Site

ROFFSR

$   2.20

$   1.32

Nonresidential

On Site

NONSR

$   3.30

$   1.98

Nonresidential

Off Site

NOFFSR

$   2.20

$   1.32

 

 

SECTION II.

 

Resolution No. 7384, adopted on July 11, 2005, which established the Stormwater Utility rates in effect prior to adoption of this Resolution, is hereby repealed effective as of midnight on September 30, 2012.

 

SECTION III.

 

This Resolution shall take effect upon its passage and adoption according to law.

 

            PASSED AND ADOPTED at the regular meeting of the City Commission of the City of Leesburg, Florida, held on the      24th       day of             September__, 2012.

 

 

 

                                                                                    THE CITY OF LEESBURG, FLORIDA

 

 

 

                                                                                    BY:                                                                 

                                                                                                MAYOR

 

 

 

Attest:                                                                        

            CITY CLERK