(Atlantic) - Last night at the Atlantic City Council meeting, the first ordinance to increase the storm water equivalent service unit rate was approved. During the budget review process, it was discussed that the stormwater fees had not been increased for ten years and the current rates are no longer adequate to cover needed repairs and capital improvements. The proposed rate is said to increase an additional $25,000 that will be used to cover the additional debt service cost for repairs to the Bull Creek Underground Drainage System and provide $10,000 in order to maintain a $20,000 line item for annual repairs to the City’s storm water management system.
Shawn Shouse explains why he voted in favor for this first ordinance…
“As much as I don’t like raising taxes, having looked more closely at some of our storm water issues in town, this is one thing that no one else is going to do for us. Property owners are not going to take care of storm water movement on down stream to get it beyond their own property lines, so that is something the city has to do. I think that we need to stay on top of that and make sure that we are keeping up with storm water needs. This ordinance will help make sure that we don’t fall behind planning for major projects that will be coming down the road. This is simply a necessary thing in my mind.”
In order for these expenses to be met, it is highly promoted that the Equivalent Service Unit be increased from $2.50/month to $2.85/month; making a $0.35 increase. It has been noted that the present value of the proposed revenue increase falls far short of the original revenue stream and does not provide funds for future capital improvements or major replacements to the system. This increase should however be adequate to meet the short term operational needs and give the City an opportunity to evaluate the long term needs of the stormwater system.
June 27, 2013