Stormwater Management Funding Assessment

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Project Image: Stormwater Management Funding Assessment

Background
Past practice in Ontario has commonly been to fund stormwater management costs from the general tax levy. Recent trends are now moving towards dedicated funding sources similar to the full cost recovery system that is in place for water and wastewater assets in Cobourg. Having a stable funding source for critical infrastructure such as water and wastewater ensures that operating and capital budgets are funded adequately in order to keep our residents and environment safe and healthy.

Until 2021, the Town had a minimal operating budget for storm sewer and stormwater pond maintenance. Following a condition assessment of the Town’s six (6) stormwater ponds in 2020, an additional $50,000 was noted to be required annually for pond maintenance plus significant upcoming capital works expenses. Capital budgets that are required for major restorative works have no funding source other than the general tax levy and the occasional grant, when available.

As part of the Town’s ongoing development of a comprehensive asset management plan, staff are currently undertaking a complete assessment of alternative funding models and rate structures that are available for recovering costs associated with stormwater assets.

A dedicated funding source, paired with a well-designed rate structure, is a more sustainable and equitable way of recovering operating and capital costs under a user pay principle where revenue is directly aligned with the provision of service. A dedicated fund can also create more awareness of the importance of stormwater management and the high costs associated with the upkeep and replacement of the assets that support this service.

Stormwater management is also a form of wastewater treatment, whereby rain water and snowmelt runs off across dirty roads and properties, makes its way through the storm sewer system and into a stormwater pond to settle out contaminants before being released to our creeks and drinking water source, Lake Ontario.

Be sure to read this Frequently Asked Questions document for more information.

The public engagement objective for the Stormwater Management Funding Assessment project is to:

  • Inform residents
  • Receive feedback and questions from residents

We're looking for your feedback:
To share your thoughts on Stormwater Management Funding Assessment please contribute to the following public engagement opportunities below, including:

  1. Review the Stormwater Management Funding Assessment presentation and reports.
  2. Share your feedback in the forum.
  3. Ask a question of staff.

Note: Public Engagement for the Stormwater Management Funding Assessment closes at 4:00 p.m. on Thursday, May 26, 2022.

If you require any of the information in an accessible format, please contact the Communications Department at communications@cobourg.ca.

Background
Past practice in Ontario has commonly been to fund stormwater management costs from the general tax levy. Recent trends are now moving towards dedicated funding sources similar to the full cost recovery system that is in place for water and wastewater assets in Cobourg. Having a stable funding source for critical infrastructure such as water and wastewater ensures that operating and capital budgets are funded adequately in order to keep our residents and environment safe and healthy.

Until 2021, the Town had a minimal operating budget for storm sewer and stormwater pond maintenance. Following a condition assessment of the Town’s six (6) stormwater ponds in 2020, an additional $50,000 was noted to be required annually for pond maintenance plus significant upcoming capital works expenses. Capital budgets that are required for major restorative works have no funding source other than the general tax levy and the occasional grant, when available.

As part of the Town’s ongoing development of a comprehensive asset management plan, staff are currently undertaking a complete assessment of alternative funding models and rate structures that are available for recovering costs associated with stormwater assets.

A dedicated funding source, paired with a well-designed rate structure, is a more sustainable and equitable way of recovering operating and capital costs under a user pay principle where revenue is directly aligned with the provision of service. A dedicated fund can also create more awareness of the importance of stormwater management and the high costs associated with the upkeep and replacement of the assets that support this service.

Stormwater management is also a form of wastewater treatment, whereby rain water and snowmelt runs off across dirty roads and properties, makes its way through the storm sewer system and into a stormwater pond to settle out contaminants before being released to our creeks and drinking water source, Lake Ontario.

Be sure to read this Frequently Asked Questions document for more information.

The public engagement objective for the Stormwater Management Funding Assessment project is to:

  • Inform residents
  • Receive feedback and questions from residents

We're looking for your feedback:
To share your thoughts on Stormwater Management Funding Assessment please contribute to the following public engagement opportunities below, including:

  1. Review the Stormwater Management Funding Assessment presentation and reports.
  2. Share your feedback in the forum.
  3. Ask a question of staff.

Note: Public Engagement for the Stormwater Management Funding Assessment closes at 4:00 p.m. on Thursday, May 26, 2022.

If you require any of the information in an accessible format, please contact the Communications Department at communications@cobourg.ca.

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Page last updated: 12 May 2022, 11:15 AM