Stormwater Management Board had a first look at the Stormwater Utility’s
preliminary 2018 budget at its meeting Monday night.
That budget would
provide the following:
* Revenues of
$512,000 from commercial sales, that is, from the revenues generated by the
monthly stormwater fee charged to households and businesses, plus
miscellaneous revenues of $50,350 from interest and dividend income, late
fees and penalties, and a capital outlay transfer, for total projected
revenues in 2018 of $562,350.
* Total revenues
for operations of $544,350.
* Total expenses of
$544,262. Of that amount, $349,200 is projected for wages, salaries,
pensions, and benefits; $11,500 for materials and supplies; $15,500 for
contractual services; $9,000 for transportation expenses; $3,000 for
stormwater-quality outreach and education; $53,950 for miscellaneous
expenses; and $102,062 debt service on the $800,000 stormwater bond issued
* And a total
surplus, at the end of 2018, of $88.
The monthly rate
paid by residential users of the stormwater system is $6.83.
The board will
consider final approval of the 2018 budget at its next meeting, Dec. 18.
South Shore Poster
to be Unveiled
In other business,
MS4 Operator Jennifer Gadzala announced that the newest official South Shore
commuter line poster--entitled “Clean and Clear” and celebrating
pollution-free waterways--will be unveiled at a ceremony at 5 p.m. Thursday,
Dec. 7, at the Merrillville Stormwater Resource Center, 7404 Broadway in
The poster is a
project of the Northwest Indiana Stormwater Advisory Group, and Gadzala told
the board that she would have a copy of the poster at its next meeting..
October in Review
In October the
Stormwater Utility ran a surplus of $24,151 and in the year-to-date is
running a surplus of $158,524.