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16 VTA sales tax ,I l!j\~ ~' PUBLIC WORKS DEPARTMENT -~ . CUPEIQ1NO Summary AGENDA ITEM /~ AGENDA DATE February 2"12006 SUBJECT AND ISSUE Valley Transportation Agency (VTA) Proposed Quarter Cent Sales Tax Measure BACKGROUND On January 17, 2006 the Council heard a presentation from Jim Lawson and Jack Collins of the Valley Transportation Authority regarding a proposed revenue and expenditure scenario which addresses a number of needs nom the VT A 2000 Measure A program with new revenue !Tom a quarter cent sales tax measure being suggested for the November 2006 Ballot. The Council requested that the staff review the proposal and advise the Council on the benefits that such a tax measure would provide to the City of Cupertino if passed. The Council requested that the VT A staff return along with the report nom City staff so that the Council could consider taking a formal position on the measure. This report responds to that request. VT A Proposed 2000 Measure A Revenue and Expenditure Plan In 1996 Measures A and B were passed by the electorate which established a sales tax based funding mechanism for many transportation projects for a ten year period which expires this year. For purposes of illustrating the need and effect of a new quarter cent sales tax measure as essentially a 30-year addition to the existing 2000 Measure A program, the VTA has combined all the resources and needs into what it calls the "VT A 2000 Measure A Expenditure Plan ("Plan"). The revenues for this extended plan would include approximately $10 Billion of the original Measure A half-cent sales tax, which was approved in 2000, and which commences in 2006 and continues for 30 years to 2036. In addition it would include approximately $5 Billion nom a NEW proposed quarter cent sales tax measure commencing in 2008 (if placed on the ballot and approved by the electorate) and continuing for 30 years to 2038. Other funding (State, Federal, other partners, etc.) would combine with these projections to produce approximately $22 Billion !Tom 2006 to 2038. I~ -I Printed on Recycled Paper It is somewhat complicated to sort out the resources and expenditures in the VT A scenario since some expenditures are allocated directly to projects while others are allocated to delivering net bond proceeds, and others are assigned to operating subsidies It is further confusing to some that the entire proposal is labeled as a "2000 Measure A expenditure plan" when in fact it combines a number of resources including the proposed quarter cent sales tax measure which is not yet assured, much less approved by the electorate. However, staff, with input !Tom the VTA staff has provided a summary ofthe effect and benefit to Cupertino of this combined scenario. Cupertino Benefits !Tom the proposed VT A 2000 Measure A Expenditure Plan A Summary of City of Cupertino Projects or Programs !Tom the "2000 Measure A Plan" basically has two parts: I. General but as yet unspecified service increases or projects which may benefit Cupertino residents directly or indirectly. · Initiation of Bus Rapid Transit (BRT) projects on Line 22 (Monterey Corridor and Stevens Creek) by 2021 · General but unspecified increase of up to 24% ofVTA's current levels of servIce · New, as yet undefined, program of Senior /Disabled services · $3.3 Million per year for unspecified improvements to the County Expressway system (could be based on the Comprehensive Expressways Plan approved by the County in August of 2003) · $1.4 Million per year for a Bicycle Pedestrian Program for which Cupertino could compete with other cities for funding, 2. New allocations for projects or services that directly benefit Cupertino · $130 Million for a New Bus Rapid Transit (BRT) project serving a Sunnyvale and Cupertino corridor by 2021 · $10 Million per year for Local Streets and Roads which, if the allocation fonnula nom the 1996 Measure B were applied, would provide $200,000 per year to Cupertino for 30 years (assuming 3.5% escalation per year)* (*The attached table illustrates estimated allocations associated with a proposed quarter cent sales tax based on the Proposition 111 fonnula used for the 1996 Measure B $90 million Pavement Management Program. An allocation fonnula has not yet been established by VT A for the proposed quarter cent sales tax. VT A would work through the Technical Advisory Committee to establish an allocation formula.) (~ -2 In the information provided to staff by the VTA, a listing of Non-Measure A projects which directly or indirectly benefit Cupertino and which are already funded, was included as well. While these projects have nothing to do with the sales tax proposal they are summarized inthe attachment along with the table noted above. The Council may wish to formally adopt a position on this proposal since it is likely to be considered by the VT A Board of Directors in March 2006, However, since this is strictly a policy matter on a regional issue, staff is only providing this report for the Council's information should it wish to consider taking a position on the VT A quarter cent sales tax proposal. Submitted by: ~~UUcif Director of Public Works Approved for submission: ~ David W. Knapp City Manager Attachment A: Table ofPMP Allocations and List of Non Measure A Projects /1o~J ATTACHMENT 'A' Table 1: Potential PMP Allocations Using 1996 Measure B Formula % Allocation Annual Total Escalated Campbell 1.80% $ 180,000 $ 8,793,000 County Roads and Airports 30.00% $ 3,000,000 $ 146,550,000 Cupertino 2.00% $ 200,000 $ 9,770,000 Gilroy 1.57% $ 157,000 $ 7,669,450 Los Altos 1.31% $ 131,000 $ 6,399,350 Los Altos Hills 0.37% $ 37,000 $ 1,807,450 Los Gatos 1.36% $ 136,000 $ 6,643,600 Mllpitas 2.57% $ 257,000 $ 12,554,450 Monte Sereno 0.16% $ 16,000 $ 781,600 Morgan Hill 1.22% $ 122,000 $ 5,959,700 Mountain View 3.39% $ 339,000 $ 16,560,150 Palo Alto 2.78% $ 278,000 $ 13,580,300 San Jose 39.44% $ 3,944,000 $ 192,664,400 Sanla Clara 4.68% $ 468,000 $ 22,861,800 Saratoga 1.40% $ 140,000 $ 6,839,000 Sunnwale 5.95% $ 595,000 $ 29,065,750 Total 100.00% $ 10,000,000 $ 488,500,000 Non-Measure A 2000 Projects: De Anza Collefle Transit Center: VTA has programmed $3.5 million for construction of the De Anza Transit Center improvements by fiscal year 2008 in the VT A Short Range Transit Plan. Community Bus Prof!f'am: As part ofVTA's Short Range Transit Plan and the Comprehensive Operational Analysis, a Community Bus Program of smaller more efficient vehicles will begin to be deployed in the next few years, It is unclear how this will benefit Cupertino. Valley Transportation Plan Pro/eets: · SR 85 Auxiliary Lanes between Homestead Ave, and Fremont Ave. (While this project is in Sunnyvale and Mountain View, it will presumably have a positive benefit for Cupertino · I-280/85/Foothill Expressway Interchange · Rancho Rinconada Traffic Calming Project · Bollinger Rd. bicycle facility improvement at Calabasas Creek bridge · Mary Ave. (1-280) Bicycle Pedestrian Bridge ((çA(