2002 AGN JAN 15 I17 - Laserfiche WebLink

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To: From: Subject: Date: CITY OF COLTON AGENDA REPORT FOR CITY COUNCIL MEETING OF JANUARY 15, 2002 Honorable Mayor and Members of the City Coun 'I Kathy A. Kivley, Assistant to the City Manager �_ Adopt the Resolution Support Proposition 42 January 7, 2002 BACKGROUND Item #17 In December 2001, the League of California Cities sent the City a letter requesting our support in the passage of Proposition 42, the Transportation Congestion Improvement Act, on the March 5, 2002 statewide ballot. On December 5, 2001, the San Bernardino Associated Governments (SANBAG) Board of Directors adopted a resolution in support of Proposition 42 and forwarded a letter of the same date encouraging SANBAG member jurisdictions to take similar actions. If approved by the California voters on March 5, 2002, Proposition 42 constitutionally protects and dedicates for transportation purposes an estimated $1.5 billion annually in sales tax on gasoline revenues that previously were placed in the State of California General Fund. Proposition 42 is an important measure for all cities and counties as it provides a much needed ongoing reliable source of funding for our streets, roads and other local transportation projects. Proposition 42 is especially important now as many regional and local transportation sales tax measures are set to expire over the next few years. Proposition 42 would allocate a portion of the existing state sales tax on gasoline to cities and counties to be used for transportation improvements. Cities and counties combined will receive forty percent (40%) of the Proposition 42 revenues. Twenty percent (20%) of the revenues will be earmarked for cities for local street repairs and maintenance. Twenty percent (20%) of the revenue will be earmarked for counties for local road repairs and maintenance. Another twenty percent (20%) provides funds to public transit agencies, and the remaining forty percent (40%) goes to the State Transportation Improvement Program (STIP). The STIP primarily contains locally identified projects. Transportation programs in San Bernardino County, including local streets and roads, public transit, and county transportation commission major projects anticipate receiving an estimated $1.4 billion in the first 20 -years commencing with fiscal year 2008-2009. The City of Colton could receive $12,316,802 over that same period for the local streets and roads program. Proposition 42 could substantially impact our transportation system in a very positive manner. The list of Proposition 42 -campaign coalition of law enforcement and transportation officials, business, labor unions and taxpayers in supporting this measure is extensive. Enclosed is a copy of the list for your review.