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Study: Single family homes in the city would pay a fee between $12 and $36 per year.
Larger properties in Erie would pay much more, because the $24 billing unit would be multiplied by their square footage
Erie businessman Rick Griffith understands the financial calculus related to long-term infrastructure needs.
That’s why Griffith is not surprised that Erie Mayor Joe Schember’s administration is exploring a new revenue stream that several other municipalities have put in place: a yearly fee assessed on property owners which covers the multimillion-dollar costs related to ongoing stormwater system maintenance and improvements.
The fee which could bring the city $1.6 million a year, according to preliminary estimates would apply to residential and commercial properties regardless of taxable status, which means governments, nonprofits and other owners of properties that are currently tax exempt would pay as well.