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MRSC - Transpormfaon Benefit District® <br />If a countywide TBD wishes to impose a vehicle license fee, it must distribute the <br />revenues to each city in the county by interlocal agreement, which must be approved <br />by 60% of the cities representing 75% of the city population (RCW 62.60.140(2)(a)). If <br />this threshold cannot be met, a district that includes the unincorporated areas only may <br />impose the nonvoted license fees discussed above (RCW 36.73.065(5)). <br />For a list of current TBD vehicle license fees, see the Department of Licensing's page <br />on local transportation benefit district fees <br />Sales and Use Taxes <br />Another common TBD funding source is a sales and use tax of up to 0.2% (RCW <br />82.14.0455. RCW 36.73.040(3)(x)), which must be approved by a simple majority of <br />voters. This taxing option is limited to 10 years, with the ability to place this same sales <br />tax option back before the voters for one additional 10 -year period. The exception to <br />this time limitation is for the repayment of debt; if the TBD sales tax is to be used to <br />repay debt, the ballot measure should state the intended use and duration of the debt <br />service. <br />In recent years, voters have approved the vast majority of all proposed TBD sales and <br />use taxes. At least four jurisdictions - Seattle, Tacoma, Enumclaw, and Moses Lake - <br />have imposed a sales tax on top of an existing vehicle license fee. For individual <br />results, see MRSC's Local Ballot Measure Database <br />Other Funding Sources <br />Other potential funding sources include: <br />General obligation bonds (RCW 36.73.070) - MRSC Is only aware of one TBD that <br />has attempted to pass a bond measure, and it failed with 50% of the vote (Auburn <br />TBD, 2012). <br />Border area fuel tax, only available to TBDs that include a Canadian border <br />crossing (RCW 82.47.020). MRSC is aware of one TBD - Point Roberts - that uses <br />this funding mechanism. <br />o Impact fees on commercial and industrial development in accordance with chapter <br />39.92 RCW (RCW 36.73.040(3)(c) and RCW 36.73.120). <br />c Vehicle tolls (RCW 36.73.040(3)(d)). <br />Excess property taxes (RCW 36.73.060). <br />Local Improvement districts (RCW 36.73.080). <br />http:lhnrsc.orgO melLViore-Tooc&TinanedSpecial-Topicsrrracsporwion-Benefit-DWaictsmpx[518l2019 1:54:58 FM] <br />