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Poulsbo council outlines $20 car‑tab and 0.1% sales tax revenues for neighborhood streets

Poulsbo City Council · September 28, 2024
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Summary

Finance staff said a $20 car‑tab and a 0.1% sales tax (TBD) are projected to generate roughly $600,000/year to support neighborhood streets and street operations; the council discussed how those dedicated funds will be used and the legal/board structure for TBD governance.

Deb Borer told the council that the recently approved transportation benefit measures have begun generating revenue and will be used for neighborhood‑street maintenance and street operations. She said the city implemented a $20 car‑tab (initially estimated at $80,000 and observed at $110,000–$120,000 last year) and expects the 0.1% sales‑tax component to produce about $600,000 a year, with 50% directed to neighborhood streets and the rest to street operations and capital projects.

Council members asked about the TBD governance — whether a separate board still exists or if the council now acts as the regulating body — and Deb said the city council now carries out that regulatory role under the councilmatic structure. Deb also reviewed legal limits (phasing and caps on increases) and explained that some TBD funds must be accounted for in capital or project funds when used for large projects. "We approved a $20 car tab... the 0.1 of 1% it's about $600,000 a year that we've estimated," she said.