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W 7 7 . , l k Vt'A'l'liRLOO CHFDNICLE th‘dnesday, lune 2. lull) ' 33 l v . g l waterloo For more information, please Contact City of Waterloo 100 Regina St. South Waterloo, Ontario N21 4A8 P 519-886~1550 , F 519-747-8760 l | V 18664868941 ‘ www.waterloo.ca I l ,â€" y ( _‘ A ~ <- .' I . Stormwater M anagement Rate Implementation me cm or , A new approach to funding an important munzczpal service waterloo i W { In December 200” (‘oiinril approved, in principle, shifting the stormwater management program When would a user rate be implemented if WW by Council? tunding tmm ii taxâ€"based to a rate-based approach Council also directed staff to incorporate , _ ’ additional propertv si/e (lassLN into the rate model and report back in lune 201“ With an updated SQ“ are rec ding (hat stormwater user rates be implemented m a l “h as “low" rate schedule .»\ rm ised stormwater rate schedule Will be tabled With the City of Waterloo Finance ‘ 201 |- 25% offimding would come from a user ate and 7596 olfunding would come from property tax. and Strategit Planning Committee on lune My 2010 and will be considered by City“ of Waterloo . 20. 2_ $096 of funding would come from a user rate and $036 of funding would come from property a“ l (ourwil on lune 21,201” Here is important intomm hon you need to know about the Stormwater ' ‘ management program and the proposed stormwater rates - 2013- 75% of funding would come from a user rate and 1539 04 funding would come from property tax. , , _ . ‘ ' ' 20l4- l00% of funding would come (ram 3 user rate. What is the City‘s responsibility for stormwater? ; Iliv ( in is responsible tor managing all aspects ot stormwater. Within its Jurisdiction For example, a small Commemial business in 20“ would be charged a monthlv user i Ihet it\ operates and maintains drainage taulities that are limited Within the public nghtâ€"ol»\~'av ., . i _. H _ fl ' ., 7 v . y . , , , rate of but“, The remaining it?» u of funding would come from propertv taxes. In All... or piihlit easements [he total asset value ot the( it\ s storm'water svstem IS $IZ~ million dollar\ _ . , , _ ‘ , . ‘ , ' the user rate portion of tunding would increAse to 55,69, And the remaming 50 Hi ot How does the City currently pay for is stormwacer services! funding would come from property taxes. In 2014, the user rate would be $11 38, , Stormwater Tn'llt“ im- primarilv lunded from revenue denved from property taxes collected With no money coming from the property taxes It should be noted that the portion 1 h\ the (in Storm“ ater must ionipete tor these funds With other Citv St‘l’VlCt’S such as parks, of funding taken from property taxes will get smaller each year, thereby reducmg l 7 ' f ' - ‘. roads, libranes‘ sou.” sen ices, eh Approiimately tour percent at the City's total tax levy is the amount or property tax collected. 1. Used to support the L m ’s storm“ ater sen'ices on an annual baSis. ! Why should I pay for rain falling on my property? 4 “ With ii stormwater rate, usen are (hanged a tee tor runoff discharged from their property to W can I M m m on an WWW" i the Q in ‘s stormuater niamigement svstcm, not by the amount ot rain ldillng on their property Property owners control the le\ eI nl dcv elopment on their properties, which derCll)‘ impacts the Wm M an 5. w w a” cu, m3 M 1 mm“ ‘ hamm'mf‘“ “' m" WWW“ mMa or by m mm l H v ' owwouldauserratebecharged? » 1 ‘ A storrnwater user rate fee is charged on the basis ot stormwater runolf (immbuhon to the City‘s "You “I. to w 3 t m g GK m lfiulo m N ‘ storrnwater management system Under the proposed method land use classification, property w m a“"‘“ "m PM” W m cm sue, estimated impen mus area and the intensitv of infrastructure is the twists to estimate the level 1 “$7474!” W M lm men mm l‘.”|°. mt iontrihution «it stormwater into the ( it\ ‘s stormwater management system; This is a more fair and eqintiihle iippriuch than (harm's based on propertv \ alue The proposed rates are Property Type Rate Tier Property Size Range Annual Rate Monthly Rate IOI I Monthly per property‘ per property‘ Rate“ ’ Residential Hedvum Total property area greater than 405m: or (0 I acre) and less 553 I4 $4 43 ‘ than or equal to ION/nI K) 15 acres? 1 i ‘ Hmtvkesidenuxl Medium Total property area greater than IOI Im‘l 25 acres) and less $410 57 $35 88 $837 1 ' than or equal to ”WWI acre) \ I . i Institutional Medium Tout property are: greater than ml or (2 acres) and less 3445 80 537 IS 39.29 i j than or equal to 40469m’ |I0 am) 1 a t Wuhan-n] Toni property are: less than or equal to ZOZJm’ or (0 S are” $2.84 1 5 5m." , Carma/hadn't) Total property arc: [mt-r than 1013m’ or (0 5 acres) and less “37 SI it} 28 l Medium than or oqualto loll7m’(25uru) i Commerelnlllndustrlal Communal/km Total property am (rum than IOI l7m’ or (2.5 acres) and less $2054 12 SI7l IB “no ‘ Large than or equal to 004‘9m’ (IO um) Corr-WWW You! property an. grater than mh’ or (I0 acres) $5203 ll “a.” Largest i bunny-Wmlmwkyinqu-‘Molwnnummrmi i z mm“Wmummm‘uum-zssua‘xmbmiumumm ‘ , , 7 , ,, _ _ _ ____â€"_â€"â€"-_â€"â€"â€"