(A) All revenues generated by or on behalf of the stormwater management program shall be deposited in a non-reverting stormwater revenue fund and used exclusively for the stormwater management program.
(B) Revenues generated by or on behalf of the stormwater management program pursuant to this chapter shall not exceed the estimated cost of service required to implement the city’s identified stormwater quantity and quality level of service. While contingency planning and budgeting is permissible, revenues cannot exceed long-term program cost of service estimates.
(C) To the extent that the stormwater user fees collected are insufficient to construct needed stormwater drainage facilities, the cost of the same may be paid from such city funds as may be determined by the Council. However, revenues from the city’s stormwater utility shall not be utilized for non- stormwater drainage expenses.
(D) The Stormwater Utility Fund shall be used for the following purposes:
(1) Acquisition of property by gift, purchase, or condemnation necessary to construct, operate, and maintain stormwater management facilities.
(2) Costs of administration and implementation of the stormwater management program.
(3) Engineering and design; debt service and related financing expenses; planning and construction costs for new stormwater facilities; and inspection, enlargement, or improvement of existing facilities.
(4) Operation and maintenance of the stormwater system, including the monitoring and inspection of stormwater control devices and facilities.
(5) Storm water quality monitoring and water quality programs.
(6) Inspection and enforcement activities.
(7) Elected official, appointed official, stakeholder, and general public education and outreach relating to storm water.
(8) Billing and revenue collection.
(9) Other activities that are reasonably required to manage and operate the stormwater system.
(E) Funding for the system and other stormwater activities connected therewith may include, but not be limited to:
(1) Funds appropriated by the city;
(2) Stormwater user fee;
(3) Permit and inspection fees;
(4) Direct charges. This charge will be collected from owners and developers for the cost of designing and constructing stormwater facilities and administrative costs and related expenses where the city designs and constructs, or contracts for the construction of the facilities.
(5) Other income obtained from federal, state, local, and private grants, loans, or revolving funds.
(Ord. 13-2014, passed 5-13-14)