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Richland staff outline Penny 1 closeout, remaining projects and launch plan for Penny 2
Summary
Transportation staff reviewed remaining Penny 1 projects, reported a program cushion of about $48.9 million, outlined 12 rollover projects for Penny 2 (including Pineview and Broad River widenings), explained scoring and district allocation rules, and said Penny 2 revenues will first arrive around April 2027.
Transportation staff gave a multi-part update on the county's transportation "penny" (one-percent sales tax) program, reviewing unfinished Penny 1 projects, forecasting final program balances and describing a launch approach for Penny 2.
Assistant Director Nathaniel Miller said seven projects are in active construction and many others are in right-of-way or design. Director Maloney (transportation program lead) presented program-level numbers for the original 2012 referendum projects: staff cited prior estimates and actuals, showing a roadway total of about $656,000,000 and a remaining budget estimate of roughly $448,000,000 for unfinished items. Maloney said the program…
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