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Councilors say Proposal 192 would expand residential street program and create permanent funding
Summary
Council staff said revenue from Proposal 192 would be restricted to transportation uses and used to expand residential street repairs (from about $20M to $65M over three years), increase alley funding and create a permanent annual infrastructure revenue stream projected to exceed $200 million by 2031.
Council presenters said the proposal's revenue would be restricted by state law to transportation purposes and would be dedicated to capital projects such as residential street resurfacing, alleys and other localized maintenance. "Our plan would quadruple the residential street program, from the $20,000,000 today to over $65,000,000 over the next three years," the presenter said, citing the residential-street commitment as a central benefit for residents.
Staff framed the measure as creating permanent infrastructure funding to smooth out cliffs caused by bond rolloffs and to enable longer-term planning. The presentation projected that by 2031 the plan would add more than $200,000,000 in new annual, permanent infrastructure funding; staff characterized bonding as a tool but not a substitute for stable budgeted revenue.
