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Funding Plans

Business Tax Improvements

6-Year TIP


Business Tax Transportation Improvements
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General

Business License Renewals

Redmond business owners are reminded that business licenses need to be renewed or postmarked
for renewal by January 31, 2008. 

Click on the link to read the Mayor's letter to the business community.

Business Tax Dollars at Work

While the BTTI Advisory Committee did not formally meet during 2007, City staff set out to implement the projects that were approved by the committee in 2006:

  • NE 36 Street Overcrossing ($4,100,00 approved allocation from business tax revenue)
  • Redmond Intelligent Transportation System ($900,000 approved allocation from business tax revenue)
  • Redmond Trip Incentive Program (R-TRIP) ($700,000 approved allocation from business tax revenue)
  • City Rideshare Incentives (R-Rewards) ($200,000 approved allocation from business tax revenue)
  • NE 76 Street/Redmond Way ($100,000 approved allocation from business tax revenue)

Check the document that shows the allocation of funds to projects for information on the way in which business tax surcharge revenues have been spent since the tax was first collected in 1997.

What's coming in 2008?

While several transportation system improvement projects near completion, other projects and studies will be gearing up in 2008. 

Bear Creek Parkway.  The Bear Creek Parkway project is bonded by future revenue from the business tax, and the first project to come out of the City's Downtown Plan.  Part of Redmond's Comprehensive Plan since 1995, the Bear Creek Parkway project was revisited in 2002 during the public process to create a master transportation plan for downtown.  This pivotal revitalization project will help realize the community's vision to make downtown Redmond attractive and functional for a variety of modes of travel, and a place where people want to be.

NE 36 Street Bridge.  Construction is scheduled to begin this coming spring or early summer on the NE 36 Street Bridge.  As reflected in the City of Redmond's Comprehensive Plan, this bridge will connect the rapidly developing east and west sides of SR 520.

 

Last updated on December 17, 2007.