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Staff separates street funding from general fund, cites ~$1.5M in road revenues
Summary
Presenters clarified that street projects are funded by dedicated sources (Class C, Prop 1, transportation utility fee) and estimated roughly $1.5 million in road-related revenues available, meaning general fund dollars would not be the primary source for street CIP.
During the model review, staff emphasized that street projects are funded from dedicated sources and not expected to be subsidized by the general fund. A council member said between Class C, Prop 1 and the transportation utility fee the city "collect about 1,500,000," and Fred Philpott confirmed these road revenues are modeled separately from the general-fund CIP.
Council members discussed that separating street funding clarifies which capital needs the general fund must prioritize. Staff will continue to refine the model and the CIP lists to isolate general-fund capital from dedicated-street projects and present those distinctions for the council's decisions.
