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09.02 Comprehensive Road and Transit Funding Resolution
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04-02-2019 City Council Meeting
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09.02 Comprehensive Road and Transit Funding Resolution
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`" 2019 <br /> �: <br /> �, <br /> • � <br /> ,� � <br /> �` S' <br /> �1� i <br /> :,��;' t ` � � I��i <br /> . I <br /> %�4; - II <br /> � � ' � ' � • • • ' • <br /> � �-_ I PROBLEM: <br /> '✓��� � Existing funding mechanisms for city street maintenance and �, <br /> I, �'' � :�: , reconstruction are inadequate.The bulk of city streets are � <br /> �, � not eligible for Municipal State Aid (MSA). Nearly 84 percent � <br /> ��•"""�2'��r�C��`'�' �� ' of city streets are funded only with property taxes and special I <br /> �_�'��� � assessments.Special assessments can be onerous to property <br /> '.�,. R �- ' owners and are difficult to implement in some cities. I <br /> �� <br /> � . � �'`"�'��y - 'i I <br /> =�' � . , Just as the state has fallen behind in making transportation � <br /> •�� '� '� � � investments,some cities faced with budget challenges have <br /> "-� � i made the difficult decision to divert volatile property tax revenue <br /> � _ � . to urgent needs such as public safety, water quality, and cost <br /> �- ' participation in state and county highway projects. Unfortunately, <br /> . ,-�'" - ' deferring maintenance results in more expensive projects later. <br /> �; � ...�- - <br /> , - `� • This maintenance requires a reliable dedicated funding source <br /> � . """�'=`�' � to support the mobility and economic vitality of our communities. I <br /> � �.� ,. <br /> �_� , . , ;. �- I <br /> � x � ,.'+M' . - , <br /> � " � LEAGUE-SUPPORTED SOLUTION: '� <br /> • + I <br /> � �,.- �' ".� � HF 1228/�F 1269: $10 surcharge on license tab f�es and ' <br /> niotor vehicle tit►e transfers, which raises$57 million annually <br /> . . � � to k�e s�lit between the existing Small Cities Assistance <br /> Account and a new Lar�er Gities Assistance Aecount. <br /> ' � '- ' • HF 1(795/�F 1271:Authority for cities to establish street <br /> ' ''' ' ' - improvement districts to fund street maintenance, <br /> �'' � construction,and reconstruction. <br /> • . - . • . . • - - . <br /> � � � �� -_ � • HF 846/SF 122£�:Creation of a Local Cost-Share As�istance <br /> � .� . Account within the Local Road Im�rovement Program to <br /> '_ �_ � �� � . " provi�e grant�to local governments to help with the I�cal <br /> ,� � � � _ share of some trunk highway projects. <br /> FOR MORE lNFORMATION: <br /> 'O' 'Or' Anne Finn <br /> www.l mc.org/citystreetFacts <br /> LEAGUE c�F Intergovernmental Relations Asst. Director <br /> MINNESOTA Phone: (651) 281-1263 <br /> CITIES Email: afinn@Imc.org <br /> � ' 02019 League of Minnesota Cities.All Rights Reserved. <br />
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