Ridgefield Transportation Benefit District Funding December 20, - - PDF document

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Ridgefield Transportation Benefit District Funding

December 20, 2018

5.3.a Packet Pg. 62 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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• Presentation on Road Maintenance Funding Options - November 1,

2018

• Public Hearing and First Reading of Ordinance No. 1281

Amendment to the Geographical Boundaries of the Ridgefield TBD – November 15, 2018

• Second Reading and Adoption of Ordinance No. 1281
• Public Hearing and First Reading of Ordinance No. 1284 Intent to

Assume the Rights, Powers, Functions, and Obligations of the Ridgefield TBD– December 6, 2018

• Public Hearing and First Reading of Ordinance No. 1285 Adopt a

Source for Funding for the Construction, Preservation, and Maintenance of Transportation Improvements in the City of Ridgefield – December 6, 2018

TBD Steps To Date

5.3.a Packet Pg. 63 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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• Developers build local roads to serve development
• Development pays Traffic Impact Fee (TIF)
• Increased 25% to $3,683.34
• TIF cannot be used for maintenance and

preservation of road system

• General Fund subsidy for the pavement preservation
• program. 2019 allocation of $175,000, not sustainable

to increase long term, due to statutory limit on property tax increases ($11,394 in 2019).

Transportation Funding

5.3.a Packet Pg. 64 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Historical General Fund Subsidy

5.3.a Packet Pg. 65 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Deferred Maintenance Funding Needs

$10.1 $11.8 $12.4 $15.1 $15.7 63 61 59 57 55 10 20 30 40 50 60 70 80 90

$0.0 $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 $14.0 $16.0 $18.0

2019 2020 2021 2022 2023 PCI

Deferred Maintenance (in Millions)

Deferred Maintenance PCI

5.3.a Packet Pg. 66 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Potential Added Revenue Sources for Road Maintenance

• Increase subsidy from General Fund
• Create and fund a Transportation Benefit District (TBD)
• Vehicle Licensing Fee (State Authorized User Fee)
• Voter Approved Sales Tax

5.3.a Packet Pg. 67 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Council Approved Funding Options

5.3.a Packet Pg. 68 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Funding Options Current and Proposed

5.3.a Packet Pg. 69 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Entities with a TBD

The following SW Washington entities have an annual vehicle fee.

• Battle Ground

$20

• Kalama

$40

• Kelso

$20

• Longview

$20

• Vancouver

$40

• Washougal

$20

5.3.a Packet Pg. 70 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Managing Assets: Pavement Life Cycle

5.3.a Packet Pg. 71 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Next Year’s Project Map

5.3.a Packet Pg. 72 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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10-Year Project Map

Current PCI: 63 PCI in 10 Yrs. @ Current Funding: 55 PCI with Additional Funding: 62

5.3.a Packet Pg. 73 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Case Study

Overlay in 2026: $14,000 Slurry Seal in 2022 $4,000

5.3.a Packet Pg. 74 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Next Steps

• Take action on Ordinance No. 1285

5.3.a Packet Pg. 75 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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THANK YOU

5.3.a Packet Pg. 76 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)

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Vehicle Tab Fee

Vehicles Subject to fee:

• Passenger vehicles
• Trucks that weigh 6,000 pounds or less
• Motorcycles
• Commercial passenger vehicles and trucks that weigh

6,000 pounds or less

• Commercial trailers
• Combination trucks that weigh 6,000 pounds or less
• Tow trucks
• House moving dollies
• Trucks used exclusively for hauling logs that weigh 6,000

pounds or less

• Taxicabs
• For-hire or stage vehicles with 6 seats or less
• For-hire or stage vehicles with 7 or more seats that weigh

6,000 pounds or less

• Private use trailers over 2,000 pounds
• Motorcycle trailers
• Travel trailers
• Fixed load vehicles that weigh 6,000 pounds or less
• Mobile homes licensed as vehicles

Exempt vehicles

• All farm vehicles
• Campers
• Off-road vehicles
• Snowmobiles
• Mopeds
• Personal use trailers with a single axle and less than 2,000

pounds scale weight

• Combination trailers
• Trailers used exclusively for hauling logs
• Horseless carriage, collector, or restored-plate vehicles
• Converter gear
• Government vehicles
• Private school vehicles
• Vehicles properly registered to disabled American veterans

Source: Washington State Department of Licensing

5.3.a Packet Pg. 77 Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)