With more than 55% of Arvada citizens voting "no" on Ballot Measure 2G, the proposed ½ cent sales and use tax increase for street maintenance and repairs, City staff has begun the task of exploring how funds might be redirected to meet street maintenance needs using our existing resources.
The information gathered by the Citizens Capital Improvement Projects Committee and confirmed by our own analysis clearly shows that our streets will need substantial additional resources over many years. In light of this, City staff will be re-examining every program, service, and project in order to provide Council with meaningful options to fund street maintenance and improvements. These options will necessarily re-frame our existing funding priorities over the next two to four years to meet this significant community need.
- Our first action will be to review the increases included in the 2017- 2018 budget approved by the Council in October. It is anticipated that recommendations will be made to Council regarding these increases sometime in January.
- Our second step will be to review our list of “one time” funding requests:
- Over the last five years we have had the good fortune of a robust economy. The economic activity has generated revenues over our initial estimates. We have used these one time funds to purchase capital equipment or pay for capital projects that improve City operations and our community. As we consider any revenue generated over estimates from this current year and future years, we will need to consider redirecting these funds to street maintenance. It is anticipated these recommendations to Council will take place sometime in March.
- Finally, we will review all funded programs, services, and projects and begin a re-prioritization process. Once this review is completed, we will provide opportunities for discussion with the community regarding any possible changes to programs and services.
Because this is a highly complex process, we expect to be exploring strategies for identifying ways to fund the $9 million needed annually for our streets to continue over the next two to four years.
- by City Manager