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Finance staff urges dedicating 50% of proposed 2026 sales tax to roads amid multimillion‑dollar shortfall
Summary
County fiscal staff told commissioners Charlotte County has about $332 million in programmed transportation needs and projected revenues that leave a sizable shortfall; staff recommended allocating 50% of a proposed 2026 sales‑tax extension to road projects and commissioners debated raising the share or using short‑term financing.
Rick Arthur, the county’s fiscal services representative, told the Charlotte County Board of County Commissioners on May 20 that transportation projects in the county’s capital needs assessment total about $332 million in the six‑year window while projected revenues fall far short.
Arthur said estimated impact‑fee revenue for the period was roughly $17 million (held flat in projections) and that other programmed revenues and grants leave a significant gap between project costs and available funds. “If you pull everything that’s transportation, road projects…
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