Item B: Tax Levy for Funding of Pavement Capital Preservation Projects0

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ATTACHMENT B 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 subcom-This is the topic of a work session local option levy, including per year mittee 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 or for capital bike path preservation homeowner of $80/year elimination of solid waste November 2008 collection surcharge proposal Establish a street and bike path Annual net revenue of $850,000 May 23 – Approved sub-Staff will bring back more lighting fee Estimated cost to average committee recommendation information in early 2008 household of $1.50 per month November 21 – Directed con- tinued staff work on this option Establish a street utility fee based Annual net revenue of $6 million May 23 – Approved subcom-Staff will bring back more on parking, with $150,000 per Estimated cost to average mittee recommendation; increased information in early 2008 year dedicated to funding traffic household of $4.50 to $5 per amount to $6.5 million due to calming measures month elimination of the solid waste collection surcharge proposal November 21 – Directed con- tinued staff work on this option Increase local motor vehicle fuel Annual net revenue of $2 million May 23 – Approved November 6 – 3 cent increase tax Cost to purchaser of gas/diesel of subcommittee recommendation was not approved by voters 3 cents per gallon August 15-Submitted tax increase January 14 – Scheduled Public to voters on November 2007 Hearing on repealing or extending ballot the sunset January 28 – Scheduled action on ordinance repealing or extending the sunset 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 majority residential customer of $1 per support month F:\CMO\2007 Council Agendas\M071210\S071210B.doc