Item Coversheet

Agenda Item 4.

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TRANSPORTATION AGENCY FOR MONTEREY COUNTY
Memorandum
To: 

Board of Directors

From:

Theresa Wright, Community Outreach Coordinator

Meeting Date:

December 7, 2016

Subject:

Measure X Election Debrief


RECOMMENDED ACTION:
RECEIVE presentation on the November 8, 2016 election results for the Measure X Transportation Safety and Investment Plan and 3/8% sales tax placed on the ballot by TAMC.
FINANCIAL IMPACT:
Measure X would raise an estimated $600 million for local transportation improvements over its 30 year lifetime by levying a 3/8% sales tax.  This local money would also allow the region to leverage additional state and federal matching funds.  
DISCUSSION:
Election results were not final by the time the Board agenda was published. As of the latest available reports from the Registrar of Voters, as of November 18, Measure X had 66.95% of the votes counted, just over the required 2/3rd vote necessary for passage; however, over 41,000 votes remained uncounted. Agency staff will present final Measure X election results at the Board of Directors meeting, and information on the relevant next steps.