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City of Charlotte Storm Water Services Budget Retreat Presentation Budget Preparation for FY2008 April 18, 2007.

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Presentation on theme: "City of Charlotte Storm Water Services Budget Retreat Presentation Budget Preparation for FY2008 April 18, 2007."— Presentation transcript:

1 City of Charlotte Storm Water Services Budget Retreat Presentation Budget Preparation for FY2008 April 18, 2007

2 2 Programs Programs Infrastructure Flood Control Flood Control Repairs to Storm Drains Repairs to Storm Drains Channel Projects Channel Projects Strategic Investments Neighborhood Projects Transportation Projects Transit Economic Development

3 3 Programs Programs Water Quality Pollution Control Pollution Control Stream Restoration Stream Restoration Operating NPDES permit Customer Service Finances

4 4 FY2008 Storm Water Services Program Highlights  Capital Program - $33.5 million  Neighborhood-wide projects (50%)  Repairs (29%)  Water Quality (12%)  Strategic Collaboration (9%)  Operating Plan - $12.6 million  NPDES Work Plan  PCCO  Street Maintenance

5 5 FY2008 Storm Water Services Program Highlights  Fee Drivers  Capital projects (catching up with aging infrastructure)  Increased construction costs  Steady influx of requests for service  Less reliance on bond revenue  Long Range Fee Plan  Declining rate increases

6 6 Long Term Plan 1993 – 2007 1993 – 2007 10% increases to complete high priority maintenance backlog 10% increases to complete high priority maintenance backlog 7.5% increases through FY06 to continue aggressive attack on the channels and large projects 7.5% increases through FY06 to continue aggressive attack on the channels and large projects 2008 forward 2008 forward 7% increases thru FY10 7% increases thru FY10 Stepping down increases to cost of living Stepping down increases to cost of living

7 7 FY08 $5.51 Monthly Residential Fees $2.12 $8.90

8 8 6,908

9 9 Consolidated Information FY03FY04FY05FY06FY07 Requests For Service Qualified1,7491,2011,2061,0631,289 Resolved1,0591,8751,8631,673 690 Outstanding7,6977,0236,3665,7566,505 Fees Increases 5.5% 7.5% 7.5% 7.5% 7.0% Residents > 2,000 sf$3.87$4.16$4.47$4.81$5.15 Capital Program Capital Program Expenditures$16.1$32.4$37.9$36.8$32.5 PAYG Funding$16.4$ 6.3$ 9.4$11.8$14.0 Debt Funding$54.3$45.0 Fund Balance$19.5($6.6)$20.0($4.9)$21.6 Outstanding Debt$52.8$106.2$104.1$144.5

10 10 Consolidated Information FY08FY09FY10FY11FY12 Requests For Service Qualified1,2801,2801,2801,2801,280 Resolved 540 540 540 540 632 Outstanding7,2548,0038,7529,596 10,248 Fees Increases 7.0% 7.0% 7.0% 6.5% 6.0% Residents > 2,000 sf$5.15$5.89$6.31$6.72$7.12 Capital Program ($mm) Expenditures$33.5$34.5$35.5$36.6$37.7 PAYG Funding$17.0$18.0$18.5$19.0$20.0 Debt Funding$30.0$30.0 Fund Balance$ 6.2$21.0$ 5.1$18.5$ 2.3 Outstanding Debt$141.1$166.7$162.1$187.8$183.6

11 11 Questions

12 12 Fort Collins, CO Portland, OR Austin, TX Boulder, CO Chattanooga, TN Tampa, FL Wilmington Durham Charlotte Raleigh Winston-Salem Greensboro High Point Fayetteville Black & Veatch 2004/2005 Stormwater Survey Informal survey facilitated by Scott Bryant, Greensboro, NC


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