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The impact of losing $4.8 million for Road Fund levy shifts (2015 —2019) resulted in a <br /> serious depletion of the road fund. While the overall outcome resulting from the levy <br /> shifts was favorable (the creation of the county's water bank) for county residents, it has <br /> come at the expense of Public Works infrastructure maintenance. <br /> We may want to convey the strategy we used when addressing the Upper County Rule <br /> (Department of Ecology closing upper county to single family exempt wells) with the <br /> message that it is now time to pay back the road fund. Regardless of the message,three <br /> years of high inflation(coupled with the crippling impact of levy diversions)have <br /> adversely impacted PW's ability to deliver projects detailed in the TAMP. Considering <br /> the large increase in road fund levy rate needed to address inflationary impact, it would <br /> be prudent to begin the process of identifying elements of the road and bridge network <br /> that we will want to prioritize for abandonment,presuming no additional offsetting <br /> revenue flow into the road fund. <br /> FISCAL IMPACTS: <br /> Without supplementing road fund revenue, PW must start divesting from infrastructure <br /> assets as detailed in the TAMP. <br /> ATTACHMENTS: <br /> EXHIBIT 1: CONSOR ROAD LEVY RESEARCH(DRAFT) <br /> EXHIBIT 2: ROAD FUND LEVY FINANCIAL FORECAST <br /> Page 2 of 4 <br /> Public Works"Work Session Staff Report",2023 <br />