Title
Infrastructure and Wild Spaces / Public Places Surtax Update (B)
Explanation
On November 8th, 2022, there will be a Countywide referendum on a 1% surtax to fund critical infrastructure and wild spaces / public places. If approved, 0.5 % will be utilized to continue the existing Wild Spaces / Public Places Program. The other 0.5 % will be utilized to fund existing road improvements, roadway safety projects, critical infrastructure and affordable housing. This would be a 10 year surtax commencing on January 1, 2023 and ending on December 31, 2032.
Staff has been preparing a Wild Spaces / Public Places project list and an infrastructure project list. The foundation for the project lists comes from the following sources:
1. Neighbor Engagement;
2. Capital needs assessment;
3. Parks & Recreation Master Plan;
4. Fire Station Master Plan; and,
5. Pavement Management Plan.
Fiscal Note
The surtax is estimated to generate approximately $17.4 million per year. $8.7 million for Wild Spaces / Public Places and $8.7 for critical infrastructure.
Strategic Connection:
This project is related to 4 of the 5 Strategic Plan Goals: Goal 1: “Equitable Community” - objective 4; Goal 2: “More Sustainable Community” - objective 4; Goal 3: “A Great Place to Live & Experience” - objective 7; and, Goal 5: “”Best In Class” Neighbor Services”.
Recommendation
The City Commission: 1) receive an update from staff; and, 2) provide direction, as appropriate.