Title
Annual Stormwater Infrastructure Repair Fund (SIRF) Summary Report
Staff Summary
• The SIRF program was created in 2008 to assist in resolving interjurisdictional drainage and flooding related problems discovered through the Citizen Inquiry Response System and Flood Hazard Inventory process.
• The annual program is administered by Lake County Stormwater Management Commission (SMC) staff and all fund expenditures shall be approved by SMC.
• The SIRF policies and procedures require a minimum 50/50 project cost share match and a fund summary of implemented projects.
• Since 2008, the program overall total cost for 54 projects was $11,312,224 and SMC has provided a cost match of $1,842,745 (leverage ratio 6.14).