AgdaPkt 2025.10.27 Joint SA PFA - Laserfiche WebLink

Browse Search

Page 7 of 9 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org capital, operating, and maintenance costs and may support revenue bonds for major projects. The process generally takes seven to nine months, including cost-of-service analysis and election. Additional Revenue Sources In addition to the primary funding mechanisms, the City may consider supplementary revenue sources to reduce the overall levy required from the community: Development Impact Fees One-time fees imposed on new or redeveloped properties that increase impermeable surfaces. Fees may cover a “buy-in” to existing infrastructure or incremental costs of new facilities but cannot fund ongoing operations or maintenance. Adoption requires public notice and hearing and may be limited by existing post-development runoff requirements. Regulatory Fees Fees to recover costs of the City’s regulatory oversight, such as plan review, site inspections, and maintenance verification of stormwater facilities. Fees cannot exceed the reasonable cost of providing the service and require public notice and hearing. Existing deposit-based fees may limit additional revenue potential. Grants Competitive grants for stormwater, flood control, and climate adaptation projects may supplement funding. Potential sources include FEMA’s Hazard Mitigation Grant Program and California’s Proposition 1 Climate Ready Grants. Identifying funding strategies to support infrastructure investments is one of the Finance Department’s goals for FY 2025-26. As part of this effort, the Department plans to begin discussions with the Finance and Audit Subcommittee (FAC) by February 1, 2026, to explore expanded funding options. The funding strategies that the FAC develops will need to take into account stormwater infrastructure needs as defined by this Roadmap, as well as the City’s other infrastructure needs. Staff will return at a later date with a full evaluation of the funding options for the stormwater program, and a recommendation on the preferred approach. EQUITY IMPACT STATEMENT Equity is one of the City’s guiding principles, and stormwater planning plays a critical role in advancing equitable outcomes. A safe and reliable stormwater system benefits all residents by protecting public health, ensuring regulatory compliance, and reducing risks from flooding and infrastructure failure. While projects are often located in specific neighborhoods, the benefits extend citywide, as the entire system must function properly for every resident to be fully served. For repair and replacement projects, locations are determined by where existing infrastructure requires attention. For new system extensions, placement depends on available public right-of-way and capacity needs. 11.A. - Page 7 of 53 438