How are TBDs kept accountable?

TBDs are required to adopt material change policies, submit annual financial reports to the State Auditor’s Office, and submit an annual transportation improvement report. Material change policies require, at a minimum, that a TBD hold a public hearing if revised costs for a project exceed the original estimate by 20%. The annual transportation improvement report must detail the district revenues, expenditures, and the status of all projects, including costs and schedules.

Show All Answers

1. What is a Transportation Benefit District or TBD?
2. How common are TBDs?
3. How are TBDs created?
4. What is the Assumption of Power?
5. How do TBDs raise money for transportation improvements?
6. How are TBDs kept accountable?
7. Where can I learn more about TBDs?
8. Does Redmond have a TBD?
9. What transportation improvements will Redmond use a TBD to fund?
10. How will a Redmond TBD raise money?