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WCCC approves $20.1 million in TDT expenditure requests; committee to formalize 8.32% TDT rate increase in April
Summary
The Washington County Coordinating Committee approved two transportation development tax expenditure requests'$18.8 million for the City of Tigard and $1.3 million for Washington County'and heard that the annual TDT rate will increase 8.32% under the program'methodology effective July 1 pending formal county action in April.
The Washington County Coordinating Committee voted to approve two transportation development tax (TDT) expenditure requests submitted to the committee and heard an informational briefing on the program'including a calculated annual rate adjustment of 8.32% that will be forwarded for formal action.
The committee approved a City of Tigard expenditure request of $18,800,000 covering two projects listed on the TDT project list (McDonald Street, Hall Boulevard to 99W; and 70 Second Avenue/99W to Hampton Street) and a Washington County request of $1,300,000 to match funds on the Council Creek Regional Trail corridor preservation and construction. Committee documents and county staff confirmed both requests were eligible for TDT funding and the WCCC Technical…
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