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Staff says TBD sidewalk pot covers only a sliver of $100M‑plus need; commission to return with prioritized projects
Summary
Integrated Capital Management staff told the commission that the Transportation Benefit District (TBD) yields about $3.1–$3.4 million annually and that the TBD’s 10% sidewalk allocation equates to the low $300,000s — far short of an estimated $100 million-plus citywide sidewalk need. Commissioners discussed two‑year slates and a June return with selections.
City staff told the Spokane Transportation Commission that the Transportation Benefit District (TBD) sidewalk program can fund only a small portion of the city’s estimated sidewalk need and urged focused project selection.
Kevin Picasso of Integrated Capital Management told commissioners that recent TBD revenue runs “in the range of 3.1 to $3,400,000 a year,” and that “10% of that is in the low $300,000s,” which is the…
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