TO: Board of Supervisors
FROM: Steven Lederer, Public Works Director
REPORT BY: Steven Lederer, Public Works Director
SUBJECT: Adoption of a Resolution in Support of Measure U
RECOMMENDATION
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SET MATTER - 2:00 PM (NVTA-TA)
Receive a report on Napa Valley Transportation Authority - Tax Agency's "Measure U - Napa Valley Transportation Improvement Act", and adopt a Resolution in support of the expenditure plan for Measure U. (No Fiscal Impact, Discretionary)
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BACKGROUND
On February 21, 2024, the Napa Valley Transportation Authority - Tax Agency (NVTA-TA) released a "Sales Tax Replacement Measure Draft Ordinance and Expenditure Plan" for inclusion on the November 5, 2024 ballot.
NVTA-TA developed the proposed Ordinance and Expenditure Plan to improve upon and replace Measure T, the existing Countywide Road Maintenance Act passed in 2012, so that transportation sales tax revenues could work better for residents, visitors, and the workforce. Measure U would allow roads to be fixed faster, without increasing the existing half cent sales tax.
NVTA is requesting that each member jurisdiction act by Resolution to approve the expenditure plan, after which it will go back to the NVTA-TA for final approval and then the Board of Supervisors to place on the November ballot.
The proposed sales tax replacement measure has been discussed extensively by the NVTA-TA Board of Directors and technical steering committees made up of staff from each of the 6 jurisdictions that make up NVTA. In addition, the Napa Area Manager's group made up of city/town managers and the County Executive Officer (CEO) have been regularly briefed on the proposed measure.
The following are the highlights of the Sales Tax Replacement Measure:
? No tax increase, the sales tax measure would remain at 1/2 cent;
? A 30-year measure, from 2025-2055;
? Generate approximately $1.2 billion in transportation funds;
? Jurisdictions have the opportunity to bond against future revenues, which ...
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