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Home My WebLink AboutPW Sales Tax Cap Exemption PPT,Am% Z%�,m Transportation Authority of Marin Addressing Transportation Needs in Marin City of San Rafael January 17, 2017 Making the Most out of Marin Transportation Dollars 0 0 0 fl� a Exemption to the 2% Sales Tax Cap • Support the TAM Board's December 1St, 2016 action to pursue State legislation in 2017 to provide an exemption to the 2% cap on the local transaction and use taxes. 2n��M Transportation Authority of Marin Making the Most out of Marin Transportation Dollars Exemption to the 2% Sales Tax Cap • Seeking an exemption to the 2% cap allows TAM, local jurisdictions and the public to consider the pursuit of a new sales tax measure dedicated for transportation purposes, allowing maximum flexibility on what is offered to the public to decide upon. Z%s6m Transportation Authority of Marin Making the Most out of Marin Transportation Dollars Exemption to the 2% Sales Tax Cap • Supporting TAM in seeking legislative approval for an exemption to the sales tax limit for Marin County does not automatically increase the sales tax for Marin County. Future action will be before the Council regarding approval of an Expenditure Plan, and placing a measure on the ballot. 2n��M Transportation Authority of Marin Making the Most out of Marin Transportation Dollars Provide an opportunity • The TAM Board is considering asking the community if they want to raise the sales tax to fund critical transportation needs. A ballot measure with a 2/3rds majority approval would be required to renew the current sales tax or increase it. • Amount of that higher sales tax has yet to be determined- what are the needs and what level of revenue is necessary to meet those needs. Z%s6m Transportation Authority of Marin Making the Most out of Marin Transportation Dollars 0 0 0 a 1 Marin County Marin Parks/Open Space/Farmland Preservation (2013) Marin County TAM Transportation Sales Tax (2005) Marin County Sonoma -Marin Area Rail Transit District (2009) All jurisdictions (including unincorporated Marin County, Belvedere, Mill Marin Countywide Valley, Ross, and Tiburon), unless indicated below 0.50% Measure B (2013) Emergency Services, Transportation, Youth & Corte Madera Senior Programs Larkspur 0.50% Measure D (2013) Larkspur Street Repair/Essential City Services Novato 0.50% Measure F (2010) Fiscal Emergency & Vital City Services Revenue San Anselmo 0.50% Measure D (2014) Vital Services and Infrastructure Needs Sausalito 0.50% Measure O (2015) Essential Services San Rafael 0.75% Measure E (2013) Maintaining Emergency Services Fairfax 0.75% Measure C (2016) Vital Town Service Emergency Protection J61bd Transportation Authority of Marin Making the Most out of Marin Transportation Dollars a FY 2014/1015 Transportation Funding • Local Funds are Critical Federal 2n��m Transportation Authority of Marin Loca 72% .. `'late Making the Most out of Marin Transportation Dollars Regional 15% Existing 2004 Marin %2 cent Transportation Sales Tax Pj 7.5% ■ Local Bus Transit ■ HOV Gap Closure ■ Local Streets and Roads School Safety and Access 2n�� m Transportation Authority of Marin Making the Most out of Marin Transportation Dollars 0 0 0 n Existing 2004 Marin %z cent Transportation Sales Tax • 79.25% is dedicated to the operation of ongoing programs (Local Transit, Safe Routes to School, Local Road Maintenance) • 13.25% (Major Roads Projects) and 7.5% (Hwy 101 Gap Closure) could be reassigned in a sales tax renewal Z%s6m Transportation Authority of Marin Making the Most out of Marin Transportation Dollars Exemption to the 2% Sales Tax Cap • Without the first step of an exemption to the existing cap, Marin is limited in giving the publican opportunity to decide • This procedural step allows a community conversation to consider expanding the sales tax to address local transportation needs- several more steps will need to occur before going to a ballot. 2n��M Transportation Authority of Marin Making the Most out of Marin Transportation Dollars City Decision later on • TAM is required by state law to receive approval by its member jurisdictions of a sales tax expenditure plan for any renewed sales tax or new sales tax. • TAM would create an Expenditure Plan Advisory Committee with broad membership who would create a Draft Expenditure Plan. They would meet from June 2017 through December 2017. All meetings would be open to the public. • TAM would take that Draft Expenditure Plan to each city, town, and the county for approval — in Spring 2018. 2n��M Transportation Authority of Marin Making the Most out of Marin Transportation Dollars Legislative Pathway Available • The Governor has approved several sales tax cap increases for specifically filling transportation needs • The Governor has not routinely approved raising of the cap for general purposes 2n��m Transportation Authority of Marin Making the Most out of Marin Transportation Dollars Exemption to the 2% Sales Tax Cap Recommendation: • Support the introduction of legislation in February 2017 to provide an exemption of up to 0.5% above the existing 2% cap • Senator McGuire is a likely sponsor 2n��M Transportation Authority of Marin Making the Most out of Marin Transportation Dollars 0 0 0 An Opportunity to Address the Needs of the Community •Supporting TAM in seeking legislative approval for an exemption to the sales tax limit for Marin County does not automatically increase the sales tax for Marin County. Future action will be before the Council regarding approval of an Expenditure Plan, and placing a measure on the ballot. 2n��M Transportation Authority of Marin Making the Most out of Marin Transportation Dollars D n (a Z%s6m Transportation Authority of Marin Questions? Making the Most out of Marin Transportation Dollars