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TRANSPORTATION AGENCY FOR MONTEREY COUNTY Memorandum | |
| | | | | | | | | To: | Board of Directors | | From: | Theresa Wright, Community Outreach Coordinator | | Meeting Date: | February 22, 2017 | | Subject: | Measure X Election Debrief |
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| | | | | | | | | RECOMMENDED ACTION: | | RECEIVE a debrief on the election results of Measure X, the Transportation Safety & Investment Plan placed on the November 8, 2016, Presidential General Election Ballot. |
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| | | | | | | | | SUMMARY: | | The Transportation Agency for Monterey County’s Transportation Safety & Investment Plan and Retail Transactions & Use Tax placed on the November 8, 2016 ballot as Measure X received 67.71% voter approval. This debrief provides an in-depth county analysis of the election results. |
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| | | | | | | | | FINANCIAL IMPACT: | | The Transportation Safety & Investment Plan is anticipated to generate an estimated $600 million over thirty years through a retail transactions and use tax of a three-eighths’ of one-percent (3/8%). This funding will make a significant dent in the over $1 billion in unmet road repair needs and the over $1 billion in regional road safety and mobility project needs. |
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| | | | | | | | | DISCUSSION: | The Transportation Safety & Investment Plan, known as Measure X was placed on the November 8, 2016 ballot and received 67.71% voter approval. The revenue from the sales tax measure will be used to fund transportation safety and mobility projects in Monterey County, as defined in the Transportation Safety & Investment Plan and in the Project Descriptions & Policies document for the Plan previously adopted by the Agency’s Board of Directors.
At the Board of Director's meeting, Transportation Agency staff will provide a debrief on the election results of Measure X with an in-depth analysis of voting results for each jurisdiction and supervisorial district. |
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