TO: Mayor and Commission AGENDA DATE: 6/3/2024
FROM: Interim City Manager AGENDA ITEM: 7 - A
SUBJECT:
Title
Public Hearing - Resolution No. 2024-20, Establishing the Preliminary Annual Rate Resolution - Stormwater Services for FY2024/2025 - Julia Johnson, Deputy Finance Director (386) 878-8978.
Strategic Goal: Fiscal Issues
Body
LOCATION:
N/A
COST:
N/A
SOURCE OF FUNDS:
N/A
ORIGINATING DEPARTMENT:
Finance Department
STAFF RECOMMENDATION PRESENTED BY:
Julia Johnson, Deputy Finance Director
POTENTIAL MOTION:
Recommendation
"I move to adopt Resolution No. 2024-20. The Interim City Manager has the authority to correct scrivener's errors and the like."
END
BACKGROUND:
Background
The Stormwater Utility System is based on operation and capital needs and is funded by fees levied to the property owners in the City of Deltona. The current rate of $128 was adopted six years ago and will not support the Stormwater Utility System for capital projects. The impacts of Hurricane Ian and Nicole resulted in approximately 250 homes being flooded, roadways closed and an overwhelming unprecedented impact on the stormwater infrastructure. The City has identified a number of projects to begin the process of upgrading and improving the stormwater infrastructure that in some areas is nearly 60 years old. One major project is the Theresa Basin Study, which will result in identifying areas of greatest need and projects that can improve and enhance the flow of stormwater through the City of Deltona. Staff is pursuing every avenue of funding including grants, appropriations and similar to help off-set what is anticipated as a $50M need for stormwater capital projects and upgrades and improvements.
Section 54-158 of the Code of Ordinances requires that the City Commission adopt an Annual Rate Resolution during its budget adoption process for each fiscal year. The initial proceedings for the adoption of an Annual Rate Resolution require the ado...
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