The Town and their consultants developed a stormwater rate model that accounted for ten years of projected stormwater program expenditures. The revenue needs are approximately $2.7 Million for Fiscal Year 2025, which is the first year of the proposed stormwater utility.
The stormwater utility is intended to fully fund the program, including the following capital and operating expenditures: drainage system improvements, compliance with State & Federal regulations, culvert replacement, water quality monitoring, catch basin cleaning, street sweeping, and other drainage system operations (including labor, contractual services, vehicles, and equipment).