· Starting point
47.1% drainage fee increase takes effect with the FY2023/24 budget
The FY2023/24 budget included a 47.1% drainage fee increase, $1.08 a month for an average residential property, effective October 1, 2023, to cover additional debt issuances for capital improvements. The FY2023/24 capital plan listed FY2024 drainage utility projects including Lawrence Lake, Playa 7, lake dredging and Lamar Street at 45th Avenue ($2,500,000).[1][2][3]
What the sources say
- ✓ Verified
The FY2025 financial report says the 2022/23 budget included a 6% drainage fee increase to cover inflation and an additional debt issuance, and the 2023/24 budget a 47.1% increase, $1.08 a month for an average residential property, to cover additional debt issuances for capital improvements; there were no increases for 2024/25 or proposed for 2025/26. A March 2024 staff memo said the 47% increase took effect October 1, 2023 to fund debt service on the Series 2024 bonds and higher operating costs. [1][2]
- Fy2023 24 increase
- 47.1%
- Monthly increase
- $1
- Fy2022 23 increase
- 6%
- ✓ Verified
The 2023-2028 Capital Improvement Program lists 21 Drainage Utility Fund projects with $46,000,000 programmed in FY2024 (and $67,036,300 over the plan), including Lawrence Lake pump station ($5,200,000), excavation ($4,000,000) and west slope repair ($4,000,000), Olsen/Emil storm sewer ($4,800,000), Playa 7 pump station ($3,200,000), McDonald, Medi-Park and Thompson Park lake dredging ($3,400,000 each) and Lamar Street at 45th Avenue ($2,500,000, described as reconstructing Lamar Street to drain stormwater north to Bennett Lake). These are programmed amounts, not spending. [3]
- Fy2024 programmed
- $46,000,000
- Plan total
- $67,036,300
- Lamar 45th
- $2,500,000