Item Coversheet

Vancouver Transportation Benefit District
3/4/2024

TBD24-002
Issue 2023 Annual Report to the Community (TBD24-002)

Staff Contact(s):
Chris Malone, Public Works Finance and Asset Manager, 360-487-7711

Originated by:
Vancouver Ordinance M-4139 establishing the Vancouver Transportation Benefit District and adding Chapter 3.40 to Vancouver Municipal Code 

Budget Impact/
Source of Funds:
None

Prior Board Review:
12/4/2023


Background

Each year, the Vancouver Transportation Benefit District (TBD) issues an annual report for the preceding fiscal year in accordance with VMC 3.40.030(D) and the Revised Code of Washington (RCW) 36.73.160(2).

 

The report, entitled Vancouver Street Funding Strategy: 2023 Annual Report to the Public, is an ongoing annual report to document activities related to the street funding revenue sources implemented as part of the street funding strategy. The report provides an overall look at the funding sources and program accomplishments in 2023 associated with the street funding strategy recommendations including the Vancouver TBD. The report is designed to comply with the requirements of VMC 3.40.030 (D) and RCW 36.73.160(2).




Action Requested:
On March 4, 2024, adopt a resolution issuing the annual report for fiscal year 2023 entitled "Vancouver Street Funding Strategy:  2023 Annual Report to the Community."
ATTACHMENTS:
Description
Resolution
2023 Annual Report