Zone 9 storm drainage fee
There are three primary funding sources that support Flood Zone 9 services and activities: Property taxes, a Storm Drainage Fee, and grant funding.
Property taxes generally support ongoing Zone 9 operations and maintenance activities.
The Storm Drainage Fee and grant funding support feasibility studies and the development and construction of flood risk reduction projects within the zone.
Flood Zone 9 Financial Outlook
The Storm Drainage Fee will expire in 2027. The Zone 9 fund balance in July of 2025 available for project costs is $4.8 million, which also includes grants. The 2026 and 2027 of Fee revenues (approximately $5.4 million) and grant funding (approximately $10.9 million) total $21.1 million. These revenues are expected to be adequate to complete the remaining projects as contemplated, which total approximately $18.2 million in planned costs.
There is expected to be approximately $2.9 million available in the Zone 9 fund balance following the completion of the remaining projects after the Fee expires. However, if significant cost increases or delays are incurred in the development or construction of the remaining projects, additional funding may be required from other sources or project plans may need to be modified to reduce scope and costs.
The ongoing Zone 9 operations and maintenance expenses are funded by property tax revenues that are expected to be collected into the future. District staff project that annual Zone 9 property tax revenues will be adequate to fund the annual zone operations and flood control infrastructure maintenance, including maintenance of new infrastructure constructed by the current projects. Additionally, the Zone 9 property tax revenues provide for approximately $65,000 per year to be set aside as reserves for equipment replacement, repairs, or unplanned expenses that may occur in the future.