The Funding focus area is arguably the most important. Reliable transportation funding is paramount to maintain progress and essential if the TMP hopes to meet current (and future) objectives. This is the simple reality for Boulder and other communities across the country.
Focus area key topic:
City Council discussed transportation funding at a Study Session on April 9, 2013.
At the meeting, council feedback included:
A complete Study Session summary will be posted once it is available.
Since 2001, transportation funding has stagnated while inflation and construction costs have increased. This scenario creates a substantial gap in transportation’s purchasing power.
On Dec. 18, 2012, staff, TAB and the task force presented the TMF work to date. At that time, council asked staff to get community feedback before a TMF Study Session on April 9, 2013.
To gather input from Boulder residents, a telephone poll was conducted between Feb. 24 and March 5, 2013 by Talmey-Drake Research and Strategy, Inc. The objectives of the poll were to gauge the likelihood of success for ballot initiatives to fund city transportation projects and measure the relative importance to voters of different transportation projects on which the new revenue might be spent. The poll tested both a sales tax and a fee that would raise either $3.5 million or $5.5 million per year.
This draft report explains a methodology for designing a TMF for Boulder. The report was completed prior to the formation of the TMF Task Force. The data contained in the report was used by the Transportation Advisory Board (TAB) and the TMF Task Force in the development of their guiding principles and discussions on revenue, rates, discounts and exemptions. The final report, anticipated to be completed in spring 2013, will be influenced by input from TAB and TMF Task Force and, ultimately, by City Council direction and further data analysis as needed.
• Update on the Transportation Maintenance Fee Process (Aug. 2012)
• City Council Information Packet: Transportation Funding Update (May 29, 2012)
• City Council Study Session Memo: Transportation Finance (Nov. 9, 2010)
• City Council Study Session Memo: Transportation Funding (Dec. 8, 2009)
• Transportation Funding Report (June 2009)