This report provides information and analysis in support of the Village Council Top Priority Action Item Consider Changes to the Stormwater Utility.
The Village has owned and maintained a stormwater management system for many decades. The size and complexity of the system has increased dramatically in the past several years. In 2013, the Village created a stormwater utility to pay for all stormwater management related expenses. Under the utility approach, revenues are generated by fees paid by property owners. The fees are based on the amount of impervious area located on each parcel. All properties except those that are exempt from property taxes pay stormwater fees.
Prior to the creation of the stormwater utility, general revenues, primarily property taxes, were used to pay for stormwater related expenses. With the creation of the utility, the Village identified a recommended level of service to be provided and developed a long term plan for achieving it. The plan addresses revenue generation, system maintenance activities and capital improvements over a 15 year period.
Read Full Report Here: VoDG_Storm.Water.Report.01292016