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Stormwater <br />Stormwater Systems Development Capital Projects Fund: <br />Purpose: To account for construction of the growth related portion of capacity-enhancing capital <br />projects. Financing is provided by a systems development charge levied against developing <br />properties. Expenditures are restricted by state law to capacity-enhancing projects for the <br />following systems: transportation, sanitary sewers, storm sewers, and parks facilities. <br />Restrictions: ORS 223.297 - 223.314 provides the statewide framework guiding system <br />development charges. Expenditures of improvement SDCs are restricted by state law to capacity <br />enhancing projects for the system for which the fee is imposed. The reimbursement portion of <br />SDCs may be used for capital projects related to the system for which the fee was collected, <br />including rehabilitation of existing systems. <br />Stormwater Utility Fund: <br />Purpose: To account for the operation, construction, and maintenance of the Stormwater drainage <br />system and the wetland resource protection and enhancement program. Primary revenues are <br />stormwater user fees and the sale of wetland mitigation credits. <br />Restrictions: As allowed under state statue, the proceeds of user fees are retained in the fund for <br />planning, constructing and/or operating the system. Wetland mitigation credits are restricted to <br />appropriate projects within the wetland bank service area. <br />Transportation <br />Community Development Fund: <br />Purpose: To account for grant revenues received from the Federal government. Major <br />expenditures include capital improvements benefiting low income persons and community <br />development loans. <br />Restrictions: Community Development Block Grant funds (including interest earnings) must <br />meet the federal government criteria of benefiting low to moderate income individuals' needs, <br />eliminating slums and blight, and addressing an urgent need. <br />Transportation Systems Development Capital Projects Fund: <br />Purpose: To account for construction of the growth related portion of capacity-enhancing capital <br />projects. Financing is provided by a systems development charge levied against developing <br />properties. Expenditures are restricted by state law to capacity-enhancing projects for the <br />following systems: transportation, sanitary sewers, storm sewers, and parks facilities. <br />Restrictions: ORS 223.297 - 223.314 provides the statewide framework guiding system <br />development charges. Expenditures of improvement SDCs are restricted by state law to capacity <br />enhancing projects for the system for which the fee is imposed. The reimbursement portion of <br />SDCs may be used for capital projects related to the system for which the fee was collected, <br />including rehabilitation of existing systems. The reimbursement component for transportation <br />SDCs is limited to preservation and maintenance of existing arterial and collector streets by <br />City of Eugene 2008 - 2013 Capital Improvement Program <br />24 <br />