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Tax Collection for Transportation Projects to Expire – Proposed 10-Year Extension to go on February Ballot

Tax Collection for Transportation Projects to Expire – Proposed 10-Year Extension to go on February Ballot

In October 2012, the City established a Transportation Benefit District – TBD for short, and sometimes referred to as the Transportation Improvement Fund or TIF – for the improvement of city streets, and in February 2013, Aberdeen voters approved a six-year 0.13% sales tax increase* to fund the TBD. With the six-year TBD tax collection set to expire in June 2019, the City Council has recommended that a 10-year extension of TBD tax collection go before Aberdeen voters in the February 2019 election. Due to strong citizen approval of the transportation work completed and due to a long list of projects still to complete, the Council recommended that the proposed 10-year rate be set at 0.18%** to increase the amount of work that can be performed annually. To help inform voters in their decisions, the City’s Engineering Department has put together the following map showing what the six-year TBD tax collection has funded since it began in 2013:

https://maps.aberdeenwa.gov/portal/apps/webappviewer/index.html?id=fefabed9d53c4388b66d0b0c2622da4e

*0.13% = 13 cents on every 100 dollars in taxable goods purchased  Current tax set to expire in 2019
**0.18% = 18 cents on every 100 dollars in taxable goods purchased  Proposed 10-year extension

Interested in learning more about TBDs in Washington State? More information can be found here:

http://mrsc.org/Home/Explore-Topics/Finance/Special-Topics/Transportation-Benefit-Districts.aspx

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