insight
Webinar: Cleaner rivers, resilient communities: Keys to stormwater funding for the Northeast
This webinar highlights what large communities and small towns are doing to create sustainable stormwater revenue sources.
We specialize in securing funding for stormwater programs, primarily through the development of stormwater utilities and user fees. Our stormwater services include setting up new utilities and fees; modifying existing rate structures; accounting for stormwater cost drivers; and assisting local governments with integrating bond funding into long-term plans and bond sales.
This webinar highlights what large communities and small towns are doing to create sustainable stormwater revenue sources.
Raftelis has provided alternative rate structure analyses and comprehensive financial planning services dating as far back as 2005.
The Boston Water and Sewer Commission hired Raftelis to study the feasibility of developing a stormwater management fee and to also help them implement the fee. Raftelis also developed a 30-year cost projection for the stormwater program, determined the optimal fund structure and billing mechanism, conducted a study of comparable organizations’ fee practices, provided analysis of and recommendations on rate structure, developed the draft rate base including consideration of the impacts of other large governmental entities in the service area, made recommendations on a credit or incentive program, developed a public fee portal, and provided assistance with public outreach.