Item B: Update on Street and Lighting Fee Development

Home Browse Search

ATTACHMENT A Status of Transportation Funding Solutions Subcommittee Subcommittee Recommended Council Actions to Date Current Status/Next Steps Recommendation Amount Seek voter approval of a capital Annual net revenue of $6 million May 23-Approved subcommittee This is the topic of a work session local option levy, including per year recommendation; increased on December 10, 2007; potential approximately $350,000 per year Estimated cost to average amount to $6.5 million due to ballot measure in May 2008 for capital bike path preservation homeowner of $80 elimination of solid waste collection surcharge Establish a street and bike path Annual net revenue of $850,000 May 23-Approved subcommittee This is the topic of a work session lighting fee Estimated cost to average recommendation on November 21, 2007 household of $1.50 per month Establish a street utility fee based Annual net revenue of $6 million May 23-Approved subcommittee This is the topic of a work session on parking, with $150,000 per Estimated cost to average recommendation; increased on November 21, 2007 year dedicated to funding traffic household of $4.50 to $5 per amount to $6.5 million to make calming measures month up for half of the elimination of the solid waste collection surcharge Increase motor vehicle fuel tax Annual net revenue of $2 million May 23-Approved subcommittee November 6-Election on 3 cent Cost to purchaser of gas/diesel of recommendation increase, rejected by voters. 3 cents per gallon August 15-Submitted tax increase Subsequent discussion of repeal to voters on November 2007 of the sunset. ballot Establish a solid waste collection Annual net revenue of $1 million May 23-Did not accept No further action on this item, surcharge Estimated cost to average subcommittee recommendation due to lack of council support residential customer of $1 per month