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HomeMy WebLinkAbout072423 Special Session City Council Business Meeting Packet- Added After MeetingTransportation Benefit District (TBD) City Council Special Meeting July 24, 2023 City of<,,, port Townsend C�� 0 What is a Transportation Benefit District (TBD) 4/1 Why at TBD 4/1 What's led to this decision tonight 4/1 What happens from here What is a Transportation Benefit District ( Quasi -municipal independent taxing district that can raise revenue for specific transportation projects 4/1 Would be contiguous with city boundaries Projects can be construction, operation, preservation, maintenance, engineering, right of way, legal, finance, City Council would govern the District acting as separate leg entity unless a vote to assume powers occurs (meant to mak multiple public meetings/times less onerous/confusing) i What is a Transportation Benefit District ( Over 110 cities in Washington State impose a TBD. Main funding tools include: % by public; up to 0.1% councilmanically Vehicle license fees(car . • • 11 by public initially • 1 councilmanically, then up to $50 if the .. has been in effect for 2 years for each step Also includes other sources like border area fuel taxes, vehicle tolls, and excess property applicable to the Port Townsend context. Sales •: use tax — 0.3% increase in sales. • generate $800,000 annually Port Townsend Streets Vehicle license fees (car . •carrb fee ' generatei annually. Council may choose a combination of options depending on whether a public vote is required. There are over 80 miles of city streets and most are in poor condition dy.=- MMT RRIFETAMIM dramatically reduced local street funding I The PT community has consistently expressei, a desire for� [91jr-MAMIROWlimp, EVID-11-FAIMMURIM- A TBID would help our community make progress and get on a cycle of regular improvements What a TBD Would Help 11 Pavement repair, rehabilitation & preservation 2, Street Improvement Projects in STIP ($300,000/year) 3 Si I construction, r , repairs r i Gravel road repair, rehabilitation, paving ($50,000/year) "��:�Traffic calming ($30,000/year) a [no =$I H W67 *11 TO � =1 R a I AT =I I I OTM M101 R =0 I r6ro Wel M, A list of streets in need of repair. This exhaustive list resulting from the evaluation of over 1,800 sections of city streets. This list will be updated as street conditions change. 2- The Six Year Transportation Improvement Plan include $116 Million in improvement projects. I HIM, 1111114 CWT M- F.M. .I streets:pY,g&,aini What's Led to This Decision Tonight 41 Many years of community input into the state of our streets 41 Pavement evaluation and rating of 1874 sections 41 Work over last 2-3 years on Comprehensive Streets Program with touch - points and discussion with Council's Infrastructure & Development Committee. See -itt O�einsive-,,,streets- ih " p I�a n a Financial Sustainability Task Force Report 41 Recent short Financial Sustainability videos (including on Transportation) What Happens from Here ■ City Council determines whether or not to form TBD TBD meets to discuss, potentially decide funding approach and whether to place anything on ballot or to raise funds councilmanically ■ November election and people decide TBD decision to raise funds councilmanically may result in revenue in 2023 In effect, revenue collected & distributed Q2 2024 (April) In effect, revenue collected & distributed as early as Q1 2024 PUBLIC NEARING July 24, 2023 Ordinance 3319 Related to a Transportation Benefit District and Amending the Port Townsend Municipal Code to Add a New Chapter 12.50 "Port Townsend Transportation Benefit '.District" SIGN IN IF YOU WISH TO ADDRESS THE COUNCIL (3 MINUTE TIME LIMIT)