The City is upgrading infrastructure and providing for economic growth and community prosperity by securing funding from other government sources for new road improvements. Unfortunately, there is no money available to maintain existing roads.
Street pavement overlay and restoration is years behind due to the dramatic decline in Real Estate Excise Tax revenue. It takes $1.4 million a year to maintain the street system. That is why additional funding is needed.
The City Council listened to your concerns about a similar proposal in 2011. What is different? If approved, the rate will increase by only 2% (from 6% to 8%), rather than by 3%. This proposal would be limited to 20 years, instead of being permanent. And these funds are dedicated only to street pavement overlays and restoration, and nothing else!
If approved, the City estimates this tax increase would cost a typical family about $10.00 per month. Projects will focus on pavement condition, optimum time to preserve the system, and rehabilitation costs. The City would strive to: maintain geographic balance; group projects to achieve contracting effi ciencies; minimize disruptions; and coordinate work with other utilities.
Please, vote YES to preserve our streets. Please vote YES on Prop 1!