Funding Stormwater Services and Programs SC Stormwater Forum Jeff Hughes, Environmental Finance Center (919)

Environmental Finance Center Environmental “How do you pay for it?” Center One of nine centers across the country. Part of US EPA Environmental Finance Program

Easy Money offers Lotteries “Bonds” If it sounds too good to be true…

Funding Overview Utility fees Public capital funding Commercial debt Private participation Innovative revenue practices

Slide Source: FSA 2005 Stormwater Survey, Florida Stormwater Fees (2005)

Chart Source: Triangle J Council of Governments 2006 Stormwater Survey

Exclusions Slide Source: FSA 2005 Stormwater Survey,

Utility User Fees Slide Source: 2005 Stormwater Utility Survey, Black and Veatch

Funding Capital Improvements (n=99) Slide Source: 2005 Stormwater Utility Survey, Black and Veatch

A.Ad Valorem (N = 12) B.Sales Tax (N = 5) C.Gas Tax (N = 13 D.Other (N = 33) Slide Source: FSA 2005 Stormwater Survey, Sources for Capital Programs

Impact Fees Slide Source: 2005 Stormwater Utility Survey, Black and Veatch

SC Clean Water SRF 2.50% Non-point Source  up to $4 million per borrower  25% of cost must apply to BMPs 3.50% Standard Rate srf-cw.htm srf-cw.htm

Commercial Debt General Obligation Bonds Revenue Bonds