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r <br />6. <br />7. <br />8. <br />9. <br />Moorse explained the long-term need for substantial expenditures related to stormwater <br />facilities, and indicated a stormwater utility is one source of revenue to ^d those <br />expenditures. A stormwater utility places a user fee on all properties, based on the ^ount <br />of stormwater runoff generated by a property. The advantage of the user fee is that it is <br />based on the need for stormwater infrastructure rather than based on the value of the <br />property, as are property taxes. Also, as with water and sewer fees, the stormwater utility <br />fee is charged to tax exempt properties since they also contribute to the need for stormwater <br />facilities. <br />The Councilmembets indicated support for a stormwater utility as one source of funding for <br />long-term stormwater infrastructure needs. Staff will bring a detailed proposal back to the <br />Council regarding the initiation of a stormwater utility. <br />Mayor Jabbour suggested developing a business plan for the funding of parks capital <br />expenditures that would include tax levy, park dedication fees, fund raising, conservation <br />easements, etc. Responsibilities could then be assigned for implementing each element of <br />the business plan. <br />The date of the Truth in Taxation hearing was set as 7:00 p.m. on Monday, December 7. <br />A work session to enable the presentation of the stormwater management plan by Bonestroo <br />Associates will be scheduled in the near future.