Stormwater Funding Review Study
The City is conducting a study to review and recommend a sustainable and reliable funding source to support the City’s current and future stormwater management program.
This study adheres to Ontario Regulation 588/17: Asset Management Planning for Municipal Infrastructure, which requires municipalities to have sustainable funding mechanisms for key assets in place by 2024.
This study is looking at who currently pays for stormwater management and whether the City is currently funding its infrastructure at sustainable levels or creating a backlog for future generations. The study will:
- Evaluate current expenditures and funding sources
- Determine appropriate and affordable levels of service for the City’s future stormwater program
- Identify and evaluate funding options and alternatives (including preferred funding option)
- Solicit feedback from the public and key stakeholders
- Recommend a preferred option and determine the impacts/difference compared to current funding sources
- Outline implementation requirements for the preferred funding option
- Present study findings and recommendations to Council
Currently, the City funds the stormwater system through property taxes. Homeowners and landowners across Greater Sudbury contribute to stormwater based on their assessed value and not based on how much stormwater their property produces. Tax exempt properties do not currently contribute to stormwater funding.
To support the current and future stormwater demands, the City is exploring funding options beyond current property taxes.
We want your help to shape plans for changing how stormwater is funded that meets the needs of our community and the infrastructure that supports it today and into the future.
To learn more and provide your input on the City’s Stormwater Funding Review Study go to overtoyou.greatersudbury.ca.