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Howard County Council examines fiscal impact of stormwater fee phase-out

In its work session Tuesday, the Howard County Council honed in on the administration’s plan to fund stormwater projects if the proposed phase-out of thestormwater remediation fee is passed on March 7.

Under the plan, funds would no longer come from a dedicated revenue source, resulting in limited assurances that funds would not be commingled with other government activities, said Councilwoman Mary Kay Sigaty.

In fiscal year 2017, the proposed plan carves $3.2 million from state grants, $4.7 million from a reserve fund balance, $5.5 million from previous fee payments and $10.3 million in government obligated bonds. In fiscal year 2018, $2 million would come from state grants, $1 million from anticipated transfer taxes, $5 million in pay-as-you-go funding and $19 million from government obligated bonds.

Read the full article from The Baltimore Sun.

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