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Mecklenburg County Water & Land Resources FY14 Budget Presentation

Mecklenburg County Water & Land Resources FY14 Budget Presentation. Charlotte-Mecklenburg Storm Water Advisory Committee March 21, 2013. County Storm Water Services. February SWAC Presentation: Four Operational Programs: Operations Water Quality Engineering Flood Mitigation.

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Mecklenburg County Water & Land Resources FY14 Budget Presentation

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  1. Mecklenburg CountyWater & Land ResourcesFY14 Budget Presentation Charlotte-Mecklenburg Storm Water Advisory Committee March 21, 2013

  2. County Storm Water Services February SWAC Presentation: Four Operational Programs: • Operations • Water Quality • Engineering • Flood Mitigation

  3. Rates, Billing Units and Use of Bonds • Major System Fees – use of PayGo, bonds or combination of both • Bond eligible, capital projects • Acquisition/Demolition

  4. Rates, Billing Units and Use of Bonds • On-site mitigation/retro fit • Elevation (no grant funds) • Fill Basement • Wet & Dry Floodproofing • Bill submitted into State Senate (SB 275)

  5. Rates, Billing Units and Use of Bonds • Major System Fees by watershed or District(s) • Flood Mitigation Capital District • 96% of the Mitigation Costs • 91% of the projects • 60% of the rate base

  6. Rates, Billing Units and Use of Bonds • Staff is concerned 5% property appreciation is to high • 3% may be more applicable, overall assumption and may more justify PayGo • Expanded Level of Service ($6.7M in FY15) • High profile properties already acquired • Storm Water Legislation needed for all techniques • Current Level of Service ($5M per year) • Still complete Project Areas (versus checkerboard) • Fund using PayGo, watch appreciation and Legislative process (local and State)

  7. Rates, Billing Units and Use of Bonds Expanded Level of Service ($7.7M in FY14)

  8. Rates, Billing Units and Use of Bonds Current Level of Service ($5M per year)

  9. Fund Balance

  10. Staff Recommendation/Requests • Recommendation: • No fee increase for FY14 • Prepare billing system for a district-based fee increase in FY15 • Watch appreciation, property re-valuation and interest rates • Work with new BOCC

  11. 3-year Phase, 1-year Delay Option (District based) FY14 - $1.20 ($0.00) FY17 - $1.54 ($0.08) FY15 - $1.28 ($0.08) FY18 - $1.54 ($0.00) FY16 - $1.46 ($0.18) FY19 - $1.54 ($0.00)

  12. SWAC Questions: • Present more demographics on the Flood Mitigation CIP district compared to Countywide? • 45.5% of the population • 45.5% of the residential impervious area (46% of the properties) • 64.6% of the commercial impervious area (57.8% of the properties) • 57.2% residential and commercial combined (47.9% of the properties) • 44.6% of locally maintained roads

  13. SWAC Questions: • What would fee increases be if spread Countywide: Tier II Accounts Countywide District FY15 - $1.26 ($0.06, 4.8%) FY16 - $1.36 ($0.10, 7.9%) FY17 - $1.41 ($0.05, 3.7%) FY15 - $1.28 ($0.08, 6.6%) FY16 - $1.46 ($0.18, 14%) FY17 - $1.54 ($0.08, 5.5%)

  14. SWAC Questions: • What are the rates per four tiers: FY17 (est.) (includes Charlotte’s minor and fixed fee) Countywide District Tier I - $7.87 Tier II - $11.26 Tier III - $11.88 Tier IV - $13.33 Tier I - $7.96 Tier II - $11.39 Tier III - $12.06 Tier IV - $13.65

  15. Thank You

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