In order to provide revenue to fund costs identified in § 160.01 and to fairly allocate those costs, a Stormwater Management Fund (herein after referred “the Fund”) is established.
(A) All revenues collected for the purpose of stormwater management from user fees, grants, permit fees, and other charges collected under the Stormwater Management Program, shall be deposited into the Fund.
(B) The City Council may make additional appropriations to the Fund. All disbursements from the Fund shall be for the sole purposes of the Fund as set forth in this chapter.
(C) The Fund shall be used for the following purposes:
(1) All costs of administration and implementation of the Stormwater Management Program, including the establishment of reasonable operation and capital reserves to meet unanticipated or emergency stormwater management requirements.
(2) Engineering and design, debt service and related financing expenses, construction costs for new facilities, and enlargement or improvement of existing facilities.
(3) Operation and maintenance of the stormwater system.
(4) Monitoring, surveillance, and inspection of stormwater control devices.
(5) Water quality monitoring and water quality programs.
(6) Retrofitting developed areas for stormwater control.
(7) Inspection and enforcement activities.
(8) Costs of public education related to stormwater and related issues.
(9) Billing and administrative costs.
(10) Other activities which are reasonably required.
(D) Any service previously regularly or seasonally provided by the City of Glasgow that is charged to this Fund, will have its 2012-2013 budget permanently transferred to this Fund. Any personnel expense for a person on the payroll as of November 30, 2012, or for a position funded in the 2012-2013 budget, charged to this Fund, will have the current budget for said position permanently transferred to this Fund (or equal percent of budget if position is partially charged to the Fund.) No expense incurred prior to December 11, 2012, may be charged to this Fund unless fully funded by a budget transfer from another fund.
(Ord. 2809, passed 12-10-2012)