1 Ridgefield Transportation Benefit District Funding December 20, 2018 Packet Pg. 62 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
5.3.a TBD Steps To Date • Presentation on Road Maintenance Funding Options - November 1, Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District) 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 2 Packet Pg. 63
5.3.a Transportation Funding • Developers build local roads to serve development Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District) • 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). 3 Packet Pg. 64
4 Historical General Fund Subsidy Packet Pg. 65 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
5.3.a Deferred Maintenance Funding Needs Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District) 90 $18.0 80 $16.0 Deferred Maintenance (in Millions) 70 $14.0 63 61 59 57 60 $12.0 55 50 $10.0 PCI 40 $8.0 $15.7 $15.1 $12.4 30 $6.0 $11.8 $10.1 20 $4.0 10 $2.0 0 $0.0 2019 2020 2021 2022 2023 Deferred Maintenance PCI 5 Packet Pg. 66
5.3.a Potential Added Revenue Sources for Road Maintenance • Increase subsidy from General Fund Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District) • Create and fund a Transportation Benefit District (TBD) • Vehicle Licensing Fee (State Authorized User Fee) • Voter Approved Sales Tax 6 Packet Pg. 67
7 Council Approved Funding Options Packet Pg. 68 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
8 Funding Options Current and Proposed Packet Pg. 69 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
5.3.a Entities with a TBD The following SW Washington entities have an annual vehicle Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District) fee. • Battle Ground $20 • Kalama $40 • Kelso $20 • Longview $20 • Vancouver $40 • Washougal $20 9 Packet Pg. 70
10 Managing Assets: Pavement Life Cycle Packet Pg. 71 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
11 Next Year’s Project Map Packet Pg. 72 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
12 10-Year Project Map PCI with Additional Funding: 62 PCI in 10 Yrs. @ Current Funding: 55 Current PCI: 63 Packet Pg. 73 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
13 Case Study Slurry Seal in 2022 $4,000 Overlay in 2026: $14,000 Packet Pg. 74 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
14 • Take action on Ordinance No. 1285 Next Steps Packet Pg. 75 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
15 THANK YOU Packet Pg. 76 5.3.a Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District)
5.3.a Vehicle Tab Fee Vehicles Subject to fee: Exempt vehicles Attachment: Transportation Benefit District Funding 2nd Reading (Funding Source for the Ridgefield Transportation Benefit District) Passenger vehicles All farm vehicles • • Trucks that weigh 6,000 pounds or less Campers • • Motorcycles Off-road vehicles • • Commercial passenger vehicles and trucks that weigh Snowmobiles • • 6,000 pounds or less Mopeds • Commercial trailers Personal use trailers with a single axle and less than 2,000 • • Combination trucks that weigh 6,000 pounds or less pounds scale weight • Tow trucks Combination trailers • • House moving dollies Trailers used exclusively for hauling logs • • Trucks used exclusively for hauling logs that weigh 6,000 Horseless carriage, collector, or restored-plate vehicles • • pounds or less Converter gear • Taxicabs Government vehicles • • For-hire or stage vehicles with 6 seats or less Private school vehicles • • For-hire or stage vehicles with 7 or more seats that weigh Vehicles properly registered to disabled American veterans • • 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 • 16 Source: Washington State Department of Licensing Packet Pg. 77
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