Page 25 - AnnualReportStratPlan101615

FIVE-YEAR FUNDING TRENDS

_
= Funding expected to remain stable + Increase anticipated Decrease anticipated

LUT Funding Sources

Road Fund
=/+
General Fund
=
System Development Charges

Special Districts
+
Permits and Fees
_ =/+
_ =
=/ =
= =
+

Road Fund: Expected to remain North Bethany County Service Current Planning: Expected to
stable or to decrease. District: Expected to increase. remain stable or to increase.

• With a recovering economy, • A key project - 160th Avenue - is • Workload has stabilized due to a
increases in vehicle registration complete decline in rural applications and
and weight-mile tax are expected. • Revenue is expected to increase, an increase in urban applications.

• Vehicle registrations have increased due to strong development
1.25% per year in the last decade. activity allowing the MSTIP loan Building: Expected to increase, due
• Consumer fuel consumption is to be repaid within three years. to strong development activity.
anticipated to remain similar to Major Streets Transportation
the prior year. Service District for Lighting:
Expected to remain stable. Improvement Program (MSTIP):
• In November 2014, voters Expected to remain stable.
defeated Ballot Measure 34- Urban Road Maintenance District
221 (countywide Vehicle (URMD): Expected to remain stable. Gain Share: Expected to decrease.
Registration Fee), which • The state Legislature significantly
would have increased road • Expenditures for pavement reduced Gain Share funding in
maintenance funding. Without maintenance are expected to 2015.
this additional funding, revenues trend down, as the “very good”
and expenditures are projected pavement condition of URMD Long Range Planning, Code
to remain flat or decline as costs roads is allowed to adjust to the Compliance: Expected to remain stable.
continue to increase. new service level target of “good.”
• The policy change was made to
Transportation Development Tax (TDT) allow more funding to be used for
and North Bethany Transportation safety improvements.
System Development Charge (TSDC):
Expected to remain stable or to increase. Survey: Expected to remain stable.

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