TREND. West Coast Solution to low road funding? Incremental sales tax.

What proposal is being bandied about to improve local transportation funding in California? incremental sales tax for counties to raise transportation revenue

What are the recommended benchmarks for a local transporation incremental sales tax in California?

  • Flexibility & Inclusiveness.  Need local sales tax authority that can adapt to changing transportation needs
  • Clear bonding authority. Leverage the sales tax revenue for bonds & other financial mechanisms

Sound familiar? Local TIRZs for transportation funding have been or are being created in South Padre and Weatherford, TX.

Orrick | Sales Tax Revenue Bonds Provide Critically Needed Transportation Funding Source