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Funding Plans

Business Tax Improvements

6-Year TIP


Business Tax Transportation Improvements
General | Background | Criteria | Construction Projects | Completed Construction | LEAP | TDM Projects

Criteria

Values and priorities established in 1997 by the Business Tax Transportation Improvements Advisory Committee continue to serve as the criteria for selecting and rating transportation projects and programs.

Reduce congestion / maintain or improve LOS -  the ability of improvements or programs to help reduce traffic congestion and improve the Level of Service (ratio of volume to capacity) at intersections and streets.  Maintenance was added because over time growth can erode the benefits of an improvement or program. 

Deals with near term needs (existing system shortfalls) -  the ability for the project or program to help with current problems and existing needs.  It is not just to accommodate future needs.

Balances congestion and new construction (concurrency) - how effective is the improvement in helping the City meet the concurrency requirements for growth management.  Does it help the City to grow responsibly?

Interfaces with long-term solutions - the project or program ties into the long-range plan and vision for the City of Redmond.  It is not just a band aid.

Compatible with regional transportation systems - the project or program supports the Regional Arterial Network (RAN) for the Eastside.  It fits with the plans of neighboring jurisdictions and agencies like Metro and WSDOT.

Supports economic development of City of Redmond - the tax is being paid for by businesses in Redmond so the project or program needs to support economic development in the community.

Comprehensive cost/benefit feasibility - the project or program needs to be feasible to implement and the benefits must be assessed against the total costs including the effect on the environment.  Higher benefits and lower costs or a lower contribution from the business tax support a higher score.

Leverages funds with other sources - the addition of business tax funds helps to leverage other funding sources such as grants.  It also considers that business tax funds can complete funding for a partially funded project to allow it to proceed.

Reduce SOV - the project or program helps reduce the number of single occupant vehicles (SOV) traveling during the peak periods, for instance programs that support demand management, carpooling, vanpooling, transit, walking, and biking.

Reduce VMT - the project or program helps reduce the vehicle miles pf travel (VMT) on the transportation network.  This is a blend of the amount and distance or travel.  Examples are similar to Reduce SOV as written above.

 

 

This page was last reviewed on December 13, 2007.