Dedicated Fund to Stormwater from Dome Project Revenue

This Tuesday, Council is voting on the Dome Project, but we are also voting on an ordinance I am sponsoring to dedicate Dome Project revenues to Stormwater improvements.Earlier this year, I voted against the term sheet for this project because as it was presented to Council, there was no discussion of it benefiting our battle against recurrent flooding. As the Virginian-Pilot reported this week, Virginia Beach needs an extra $20 million a year to shorten the time it takes to inspect and improve existing stormwater infrastructure throughout the city. Our needs currently exceed our funding in the City’s Stormwater Fund, and Council must do everything it can to better prepare our city for long-term flooding resilience.My ordinance states that if the Dome project passes a majority vote on November 19 and this ordinance is supported by Council, then a guaranteed 25% of revenues generated will go to fund Stormwater Improvements. Based on the preliminary estimates, the expected annual amount to be generated from the Dome project to the City’s General Fund is $2,816,508 with an additional $1,912,897 estimated for Schools. The TIP fund is financing the debt for the project.The inclusion of this ordinance would be a huge win for supporters of better flooding mitigation and I hope that regardless of one’s thoughts on the Dome project that we can agree on this more responsible allocation of revenue to show Council’s commitment to solving our Stormwater Infrastructure challenges. I hope to hear your insight on this item and that you can email Council your support this ordinance at CityCouncil@vbgov.com or come to speak on the ordinance this Tuesday, November 19.

Author: jessicapabbott

Jessica Abbott was born to two Gulf War Air Force veterans, is a small business owner and has been managing her family’s insurance business since 2008. She graduated from Kellam High School in 2007 and from the American College of Financial Services in 2015 with LUTCF and FSCP designations and is a FEMA-certified flood insurance agent. She has founded two nonprofit organizations for local women, one for teaching self-defense and the other as a networking group for other female entrepreneurs. She was elected to Virginia Beach City Council, and at 27, was the youngest-ever elected official in Virginia Beach and the first Millennial elected to public office in the area. She lives in Indian Lakes with her husband and two children. She serves on the Historic Kempsville CAC, the Elizabeth River Eastern Branch Board, the Process Improvements Board, Food Tuck Subcommittee, the Social Services Board and the Public Library Board. She justifies her votes on major issues on social media and helps keep citizens informed on her Council’s Facebook page https://business.facebook.com/jessicapabbottvb/.

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