TO:
Honorable Mayor and Members of the City Council
THROUGH:
Bruce Moe, City Manager
FROM:
Steve Charelian, Finance Director
Julie Bondarchuk, Financial Controller
SUBJECT:Title
Conduct Public Hearing and Consideration of a Resolution Regarding the Annual Storm Drain Service Fee for Fiscal Year 2024-2025 (Finance Director Charelian).
(Estimated Time: 15 Mins.)
A) CONDUCT PUBLIC HEARING
B) ADOPT RESOLUTION NO. 24-0074
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Recommended Action
RECOMMENDATION:
Staff recommends that the City Council conduct a public hearing regarding the annual storm drain service fee for fiscal year (FY) 2024-2054 and adopt Resolution No. 24-0074.
FISCAL IMPLICATIONS:
The storm drain fee is estimated to generate approximately $2.1 million from the direct property assessments for Fiscal Year 2024-2025.
BACKGROUND:
The City levies an annual storm drain service fee on each parcel of real property in the City. The fee is levied to finance the costs of on-going operations and maintenance of storm drain facilities and services. The fee is based on an engineering analysis of the City's storm drain requirements performed in 2023 by an outside engineering group. The annual fee for each property varies dependent on the impervious square footage. This is the first year that the new storm drain fees will be effective since the passage of a Proposition 218 storm drain fee increase ballot that concluded in January 2024.
Prior to Fiscal Year 2024-2025, the annual fee was fixed at $19.12 for single-family residences. This generated approximately $345,000 in revenues annually and required General Fund subsidies to maintain operations.
DISCUSSION:
The storm drain fee is collected each fiscal year via the County of Los Angeles consolidated property tax bill. The City submits such fees to the County each year by the August due date specified by the County Auditor in order to include the fee on the property tax bills issued in Octob...
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