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Council reviews Roads CIP and impact‑fee declines; committee asks staff to cost a transportation utility‑fee study
Summary
Finance staff reported a 'truing up' of Roads CIP funds and projected declines in impact‑fee revenue tied to lower development. Council members expressed interest in studying a transportation utility fee (TUF); staff to return with cost estimates and study scope.
Finance Director Anna Montoya reviewed the Roads CIP and impact‑fee funds, noting a $400,000 truing up of sales tax revenue rather than new spending and a conservative outlook for impact‑fee revenues due to reduced development. She listed impact‑fee‑eligible capital projects including the 700 North extension (design), the 200 South/300 West roundabout, Pony Express Corridor match, 1100 South/100 East intersection, and Lakeshore Drive Phase 1.
Council Member Ryan Hunter and Mayor Bradley J. Frost expressed interest in studying a transportation utility fee to create a dedicated road revenue stream; Montoya said recent legislation requires a formal study before implementing such a fee. Mayor Frost cautioned about study costs and estimated "the study could cost around $50,000," tasking staff to obtain cost estimates and determine whether the study can fit in the budget.
