Stormwater Utility Fees
Given the breadth and magnitude of the stormwater issues throughout Northbrook, the Village is addressing this as a community-wide program through the creation of a new Stormwater Utility Fund, which will provide a dedicated revenue source and allow for a full accounting of the operating, capital, and debt service costs associated with providing ongoing stormwater management services. The fee will be assessed at $1 per 1,000 gallons of water consumed. This fee will be solely dedicated to funding approximately $20 million in stormwater management projects which were developed as a part of the Village’s new Master Stormwater Management Plan and the ongoing maintenance of our stormwater management system. It is estimated this fee will add approximately $27 to the average quarterly residential water bill.
How the Stormwater Utility Fee is Spent
The Stormwater Utility Fee is accounted for in a special fund, the Stormwater Utility Fund. The is comprised of 3 main components:
- Operations and Maintenance
- Capital Improvements
- Debt Service
The following graph illustrates how expenditures amongst these 3 categories are broken down: