Stormwater Utility Fee Study – Phase I Presentation
Last year, the Finance and Public Works & Water Committees met jointly to review unfunded capital infrastructure projects. An estimated $30 million in critical stormwater related projects were identified with no existing funding source. The Joint Committee and Village Board directed staff to explore a Stormwater Utility Fee study and a Capital Infrastructure Plan.
The Village issued a Request for Proposals (RFP) for a Stormwater Utility Fee Study and the Village Board awarded Phase I (Feasibility) of the study to Raftelis in November 2021. Raftelis and Village staff presented the results of Phase I at the recent June 2022 Board meeting.
Stormwater Utility Fees have been adopted by over 1800 municipalities in the United States to fund these important projects. These fees are calculated by the amount of impervious surface on a property, for all properties throughout the Village. The utility model represents an equitable revenue collection method to provide funding for stormwater related projects and maintenance. Visit the Village website to learn more about the proposed Stormwater Utility Fee and to view the presentations to the Board: www.wsprings.com/stormwaterutility
The Village Board will continue to discuss this fee at upcoming Board Meetings. Village staff will also be available at the following community events to answer questions and provide more information.
- Gathering on the Green – June 24, 2022 on the Tower Green
- Ravinia in Ridgewood – July 9, 2022 in Ridgewood Park
Staff presence at future community events will be announced as information becomes available.
A dedicated Q&A Open House will occur this summer and details on that event will be posted on the Village website and on www.wsprings.com/stormwaterutility as they become available.