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Proposition 1: Sales and Use Tax for Transportation Improvements Marysville A 0.2% sales tax increase would generate about $1.6 million per year to address Marysville’s unmet transportation needs A TBD is a separate and independent public entity authorized by state law and created for the sole purpose of repairing, building, improving, preserving and funding transportation improvements within the district. The Marysville TBD was formed on Jan. 13, 2014 with boundaries identical to City limits. The City Council acts as the district’s Board of Directors. What is a TBD ? Why does the City need a TBD now? A Transportation Benefi t District (TBD) is a quasi-municipal corporation and independent taxing district created for the sole purpose of acquiring, building, improving, providing, and funding transportation improvements within the dis- trict. The boundaries of the TBD are identical with the City limits. TBD Board The Marysville City Council voted on Jan. 13, 2014 to create a Transportation Benefi t District. The City Council, acting as the governing Board of the TBD, approved a 0.2% sales and use tax for transportation improvements, subject to voter approval. Proposition 1 will appear on the April 22, 2014 ballot. Proposition 1 A 0.2% sales tax increase is being proposed to generate enough revenue to continue to maintain and repair Marysville’s streets, and improve pedestrian and bicycle safety and access. It would raise the sales tax rate in Marysville from 8.6% to 8.8%. Marysville’s tax rate would remain lower than most cities in Sno- homish County, which range from 7.7% to 9.6%. The sales tax would be paid by everyone who shops in Marysville and uses Marysville streets and services, not just Marysville residents. If approved, the ballot measure would generate about $1.6 million per year in revenue. The sales tax increase would expire in 10 years. Marysville has numerous road segments among the 201 miles (420 lanes miles) main- tained by the City that are in failing or near failing condition. The gas tax, sales tax and other traditional “street rev- enues” have steadily declined to the point where we are faced with a deteriorating infrastruc- ture and no way to invest in all the projects necessary. One tool the State gives cities is to create our city’s own Transpor- tation Benefi t District to fund repair and preservation of our roads. City of Marysville 1049 State Ave. Marysville, WA 98270 (360) 363-8000 marysvillewa.gov In an era where transportation dollars are hard to come by, “skimming” is one cost-effec- tive technique that City Public Works Street crews rely on to improve and extend the life of failing arterials and roads in Marysville. Skim- ming enables the City to repair more spans of roadway throughout Marysville than could be done otherwise through much costlier major overlay or reconstruction projects. VOTER FACT SHEET April 22, 2014 Ballot Measure www.marysvillewa.gov/tbd Remember to mail in your ballot or visit an election drop box by April 22 ---PAGE BREAK--- Contact the Marysville TBD: How are projects funded? A TBD may seek voter approval of a $.002 sales tax under State law RCW Chapter 36.73. A sales tax is equitably shared by both residents and non-residents who use Marysville streets and would raise about $1.6 million annually. With voter approval of the 0.2% sales tax, the TBD can start to replace transportation funding that has been cumulatively lost over the past several years, and be better able to preserve, maintain or expand our transportation infrastructure into the future. If passed by voters, the increased tax on $100 of taxable goods purchased in the City of Marysville would be 20 cents. How are road preservation and repair projects selected? Initial selection would be made based on a Pavement Condition study, which evaluated all roadways within the City limits. The study identifi ed road segments that are at failing or near-failing condition, and in need of preservation, repair or rebuilding. Repairs would begin in 2015. Priority will be given to main arterials and high-traffi c roads, followed by collector roads and resi- dential streets that are rated as failing or near failing. Frequently Asked Questions 33 arterial, collector and residential pavement preservation projects within City limits and subdivided among three zones - north, middle and south - to achieve an equitable balance of preservation cover- age. 7 potential Capital Improvement Projects Sidewalk improvement projects to improve pedestrian/bicycle safety and better access within Marysville. What projects would be completed by the end of the 10 years? The City completed a pavement management analysis, which found that numerous City streets are in failing or near-failing condition. While we have successfully acquired federal and state grant dollars to rebuild City streets 67th and State avenues), the grant dollars available are shrinking and the competition is getting tougher among jurisdictions. Marysville will not receive the same amount of grant dollars as it has in the past. Moreover, Marysville will not meet the requirements for future grant funds if the City does not invest in the preservation of our streets. Are TBD revenues required to be spent only on TBD-designated projects? Yes. State law requires that all revenue generated by the additional $.002 sales tax must be maintained in a separate fund and used exclusively for road preservation, maintenance and im- provements as outlined in the adopted plan. Who gets to vote on Proposition 1? Only registered voters in the City of Marysville may vote on Proposition 1. What the $16 million transportation project list would include over next 10 years Email [EMAIL REDACTED] Website: http://marysvillewa.gov/TBD