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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 08/13/2019 - LARIMER COUNTY PROPOSED REGIONAL TRANSPORTATION ANDATE: STAFF: August 13, 2019 Chad Crager, PDT Interim Deputy Director WORK SESSION ITEM City Council SUBJECT FOR DISCUSSION Larimer County Proposed Regional Transportation and Facilities Tax for November 2019 Ballot. EXECUTIVE SUMMARY The purpose of this work session is a status update to Council on the proposed Larimer County regional transportation and County facility tax for the upcoming November 2019 ballot. GENERAL DIRECTION SOUGHT AND SPECIFIC QUESTIONS TO BE ANSWERED This is an opportunity for Council to provide feedback and ask questions directly of the Larimer County staff. 1. Is Council supportive, neutral, or opposed to the upcoming Larimer County regional tax initiative? BACKGROUND / DISCUSSION The City of Fort Collins has collaborated with Larimer County and other local agencies since early 2018 on a countywide project to develop regional transportation solutions. A list of projects was generated that would compete for funding as a result of the proposed Larimer County Regional Tax Initiative. There are 43 projects on the list from across the County and they were evaluated and prioritized based on five criteria:  Connectivity. Does the project complete a link between communities or between major corridors?  Multimodal. Would the project improve accommodation for multiple travel modes?  Congestion relief. Would the project address an existing congestion problem?  Safety mitigation. Would the project address a documented safety problem?  Project Reach. How wide-reaching is the project and how many people would be impacted by the project? COUNTY MODIFICATIONS City staff recognizes the need to work with regional partners to find solutions to transportation issues. While City staff had significant initial concerns about the structure of the proposed County Tax, in the last month the County has made changes to the proposed tax to address these concerns, including: (1) Flexibility of the project list. The project list now allows the County and the communities in advance and get reimbursement. Connectivity 25% Multimodal 15% Congestion Relief 25% Safety Mitigation 25% Project Reach 10% 100% Criteria Weighting August 13, 2019 Page 2 (2) Transit funding. The proposed County tax now includes 15% - 20% (approximately $150M - $200M over the life of tax) for regional transit funding. STAFF CONCERNS City staff has the remaining concerns: (1) Inequitable distribution of projects. It is projected that 52% of sales tax receipts from this proposal will be collected within the City of Fort Collins. Approximately 30% of the distribution would be within the city limits. Nearby projects have indirect benefit to Fort Collins, but do not make up the difference. (2) Flexibility to address changes in local and regional priorities. Although significant flexibility has been added to the process, new projects will need to be ranked against the original criteria only the highest ranked projects can be substituted. New types of innovative projects may not be eligible. (3) Most Fort Collins projects will receive funding beyond 2030. Due to the “cash only” nature of the proposed tax, project funding is determined by project ranking. Most Fort Collins projects won’t receive funding until 2030 or beyond. (4) Unknown transit distribution and eligibility. The County is working on the proposed transit distribution, but it has not been finalized. ATTACHMENTS 1. Regional Transportation Infrastructure Projects Map (PDF) ATTACHMENT 1