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HomeMy WebLinkAbout1999-01-26 - AGENDA REPORTS - NORTH COUNTY TRANS STUDY (2)CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR City Manager Approval: Item to presented by: DATE: January 26, 1999 rwil ruluuylle SUBJECT: NORTH COUNTY TRANSPORTATION FINANCE STUDY DEPARTMENT: Transportation & Engineering Services RECOMMENDED ACTION City Council approve participation in the North County Transportation Coalition fiscal impact study, contributing 25 percent toward the total cost of the study, and appropriate $12,500 from Account No. 1240-7401, General Fund Contingency, to cover this cost. BACKGROUND There are currently many unmet transportation needs in the North Los Angeles County region, consisting of the Santa Clarita Valley, Antelope Valley, and adjacent areas. As this region has grown dramatically, it has increasingly generated revenue for regional and statewide transportation funds through Proposition A and Proposition C county sales taxes, and state sales tax Transportation Development Act (TDA) funds. It is perceived, but not documented, that the region has contributed considerably more to these transportation funds than it has received in funding for transportation projects. The North County Transportation Coalition was formed several years ago to improve transportation infrastructure in the region. It is a partnership consisting of the cities of Lancaster, Palmdale, and Santa Clarita, and the County of Los Angeles. The Coalition is proposing to conduct a study to determine if a deficit exists. The study results can be used to improve the opportunities for the four partners to increase funding for needed transportation projects in the future. It is proposed that each member of the coalition contribute 25 percent of the estimated $50,000 total cost of the study. ALTERNATIVE ACTION The City could choose not to participate in the study. The study would then be limited to the Antelope Valley, and the City would not benefit from the study's findings. Other action as determined by the City Council. �" 1 NORTH COUNTY TRANSPORTATION FINANCE STUDY January 26, 1999 — Page 2 FISCAL IMPACT Short term, this action requires an unbudgeted expenditure of $12,500 from the General Fund Contingency. Long term, the results of this study could be used as a tool to generate more transportation revenue for the City. \transit\agenda\nctcfis.doc