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TRANSPORTATION AGENCY FOR MONTEREY COUNTY Memorandum | |
| | | | | | | | | To: | Measure X Citizens Oversight Committee | | From: | Theresa Wright, Community Outreach Coordinator | | Meeting Date: | February 15, 2022 | | Subject: | County of Monterey Local Measure X Project Update |
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| | | | | | | | | RECOMMENDED ACTION: | | RECEIVE presentation on Measure X local projects from the County of Monterey. |
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| | | | | | | | | SUMMARY: | | The Measure X Transportation Safety and Investment Plan was approved by 2/3rd of voters in November 2016. The measure is anticipated to generate $20 million annually with 60% of the revenues allocated to local jurisdictions. This report provides an update on the status of the County of Monterey's local Measure X projects. |
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| | | | | | | | | FINANCIAL IMPACT: | | The amount of Measure X revenues for the County of Monterey is projected to be approximately $6.2 million annually. However, revenues exceeded this projection in fiscal year 20/21 with the County receiving $8.15 in Measure X revenues. |
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| | | | | | | | | DISCUSSION: | On November 8, 2016, the voters of Monterey County approved the Transportation Safety & Investment Plan ("Measure X") on the Monterey County Ballot, thereby authorizing TAMC to impose a three-eighths cent transaction and use tax and administer the proceeds. Measure X is estimated to generate $600 million over 30 years for transportation improvements in Monterey County. Of that amount, $360 million (60%) will be distributed to the cities and the County for local street and road maintenance projects.
The County's 5-Year Capital Improvement Program, approved by the Board of Supervisors in June 2018, identifies transportation projects that are anticipated to be funded with a range of fund sources, including the County's share of Measure X funds. This staff report provides a link to the County of Monterey's Measure X Compliance Report for fiscal year 20/21 and a summary of the seventeen county projects funded by Measure X revenues. Randy Ishii, Director of Monterey County Department of Public Works, Facilities and Parks, will provide a presentation to the Committee on the County's current and planned use of Measure X funds to improve roads in Monterey County. |
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