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Item A: Resolution on Gas Tax to Ballot
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Item A: Resolution on Gas Tax to Ballot
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6/9/2010 1:04:39 PM
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3/6/2008 12:05:15 PM
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City Council
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Work Session
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3/10/2008
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<br /> <br />ATTACHMENT A <br /> <br />RESOLUTION NO. __________ <br /> <br /> <br />A RESOLUTION CALLING A CITY ELECTION ON MAY <br />20, 2008, FOR THE PURPOSE OF REFERRING TO THE <br />LEGAL ELECTORS OF THE CITY OF EUGENE, IF THE <br />REQUISITE SIGNATURES WERE OBTAINED ON THE <br />REFERENDUM PETITION, ORDINANCE NO. 20401 <br />AMENDING SECTION 3 OF ORDINANCE NO. 20337, TO <br />EXTEND THE SUNSET OF $0.02 PER GALLON OF THE <br />MOTOR VEHICLE FUEL DEALER’S BUSINESS LICENSE <br />TAX UNTIL FEBRUARY 28, 2011. <br /> <br /> The City Council of the City of Eugene finds as follows: <br /> <br /> A. <br /> Based on a recommendation from the Citizens’ Subcommittee on Transportation <br />System Funding, the City enacted its first motor vehicle fuel tax at three cents per gallon in <br />January 2003 and began collecting the tax in August 2003, which has generated approximately <br />$2 million per year from that original three-cent tax. The Committee recommended a <br />combination of the motor vehicle fuel tax and a transportation system maintenance fee in order <br />to generate approximately $9 million annually to address the City’s critical transportation system <br />funding needs. Although the transportation system maintenance fee, designed to generate $6.5 to <br />$7 million annually, was adopted, it was repealed before it could be fully implemented. <br /> <br />B. <br /> In January 2005, the City Council enacted Ordinance No. 20337 approving a two- <br />cent increase to the motor vehicle fuel tax from three to five cents per gallon. Section 3 of <br />Ordinance No. 20337 contained a sunset provision with respect to the two-cent increase which <br />would cause the tax to revert to three cents per gallon on February 29, 2008. <br /> <br />C. <br /> In adopting the sunset provision, the City Council anticipated that three years <br />would allow sufficient time to complete a comprehensive review of available funding options <br />and to develop a stable funding strategy to meet the City’s transportation system needs <br /> <br />D. <br /> Although nearly $14 million of street preservation work has been completed <br />utilizing the revenue generated by the motor vehicle fuel tax, the backlog of needed repair work <br />continues to grow. By early 2007 the estimated cost of that backlog of repairs had grown to <br />nearly $170 million, and without new funding, was projected to grow to more than $280 million <br />within the next 10 years. <br /> <br />E. <br /> In early 2007 a Council subcommittee studied the City’s transportation funding <br />needs and options and submitted a report in May 2007 with recommendations to increase the <br />local motor vehicle fuel tax by three cents per gallon (generating an additional $2 million <br />annually) to eights cents per gallon and to repeal the sunset provision. This increase in the fuel <br />tax rate, together with the other revenue options in the funding package recommended by the <br />subcommittee, was projected to generate nearly $16 million per year to address the projected <br />operating deficits in the Road Fund operations and maintenance activities and to provide funding <br />for the $170 million backlog of unfunded street repair projects. <br /> <br /> <br />
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