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CC 2020-07-14_10a Proposed Ballot Measure_Nov 2020 Election_PPCONSIDERATION OF PLACING A LOCAL TRANSACTION AND USE TAX (“SALES TAX”) MEASURE ON THE NOVEMBER 3, 2020 BALLOT 1 It is recommended the City Council: adopt the proposed Resolution ordering the submission to the qualified electors of the City a measure relating to the establishment of a local transactions and use tax (hereinafter referred to as a "sales tax") at the General Municipal Election to be held on Tuesday, November 3, 2020, as called by Resolution No. 4994; introduce the proposed Ordinance adding Chapter 3.23 to Title 3 of the AGMC regarding a transactions and use tax; adopt the proposed Resolution setting priorities for filing a written argument regarding a City measure and directing the City Attorney to prepare an impartial analysis of the measure; adopt the proposed Resolution providing for the filing of rebuttal arguments for City measures submitted at municipal elections; and approve the argument to be submitted in favor of the measure. 2 3 July 14                        1) Adopt Resolution ordering the submission to the qualified  electors of the city of a certain measure relating to Transaction and Use Tax at the General Municipal Election to be held on Tuesday, November 3, 2020, as called by Resolution No. 4994; and, 2) Introduce Ordinance – Transaction and Use Tax   Adopt Resolution setting priorities for filing written arguments regarding measure and directing the City Attorney to prepare an impartial analysis   Adopt Resolution providing for the filing of rebuttal arguments   Next Steps and Schedule 4 July 28                                         Adopt Ordinance – Transaction and Use Tax (Required by State Dept of Tax & Administration, but subject to voter approval)   July 15                                                Post Notice of Deadline for Filing Arguments   July 28                                                Last Day to File Primary Arguments For or Against Measure   July 28                                                Impartial Analysis for measure due from City Attorney   July 29 – Aug 7                             Public Examination Period for Primary Arguments, Impartial Analysis   Aug 7                                                  Last Day to File Rebuttal Arguments For or Against Measure   Aug 8 – Aug 17                             Public Examination Period for Rebuttal Arguments              Aug 7 (E-88)                    Submit ballot measure documents (Arguments, Impartial Analysis, with County Clerk/ROV for inclusion in the voter guide)   5 Staff’s Recommendation is : To direct staff to prepare an action item to place a local transaction and use tax (“sales tax”) measure on the November 2020 ballot. If a 1% increase from 7.75% to 8.75% local sales tax is approved by voters, this will result in… an estimated generation of approximately $4,000,000 annually. 6 The main goals of the proposed sales tax revenue measure are: To fund and implement Capital Projects that directly benefit all citizens, business owners and visitors in the City of Arroyo Grande A Capital Project is a project that helps maintain or improve a City asset/ infrastructure, such as: streets, sidewalks, storm water/drainage systems, parks and open space public buildings To save tax payer money by repairing and maintaining our public infrastructure before conditions require full replacement 7 Revenue from the proposed sales tax measure may also be used to provide small/locally owned business recovery support Low interest loans or financial support for rent payments, marketing and advertising… Administration, fund management and reporting by a local bank Collaboration with SCCC and feedback from business community Provide additional funding for community nonprofit groups 8 To ensure accountability and transparency: Public review by the City Council every five (5) years to determine whether the sales tax is necessary to remain in effect. Provision requiring the City to publish and distribute an annual report to each household on the revenues and expenditures from the sales tax proceeds. Since the City has an established Local Sales Tax fund which is tracked separately from the General Fund, it is recommended that funds resulting from a new successful local sales tax measure be accounted for and tracked in this fund. 9 Base Sales Tax Distribution 10 Potential Sales Tax Distribution 11 Some consideration points: It has been 14 years since our last Sales Tax Measure (Measure O-06) New sales tax funding is intended as a long term solution to our infrastructure needs Address differed maintenance costs that are accumulating Many economists are predicting a W shaped recovery over a 4 year period = recession with recovery, then recession and recovery again Many others are predicting a 2 to 5 year recession with slow recovery State is predicting reductions in revenues and demands for reforms 12 Approximately 40 to 50% of sales tax is paid by visitors to our city 88.3% of cities in the state have a higher tax rate than Arroyo Grande Morro Bay, Paso Robles and San Luis Obispo are currently considering similar sales tax measures 7.75% to 8.75% Atascadero’s and Grover Beach’s City Councils approved the placement of a sales tax ballot measure on the November 2020 ballot Pismo Beach’s Council approved the placement of a ballot measure increasing their TOT/hotel tax on the November 2020 ballot 13 Current Tax Rates in the Region 14 The January 2020 survey the results showed Voters were most interested in using the money to: Maintain local streets and repair potholes Repair and maintain public building, sidewalks an storm drains Maintain parks – Soto Sports Complex, courts, Community Center Fire and Police response service, 9-1-1 emergency response Address homelessness Childcare and senior programs   15 This matches the CIP programs that are intended to be funded by this measure:   Annual Street Repairs Program Annual Concrete (sidewalks) Repairs Program Maintenance of Parks and Open Space (Fire Hazard and Fuel Suppression) Maintenance of Storm Water and Drainage Systems Maintenance of Public Facilities (roof and structural repairs) Savings plan for a new Recreation/Childcare Center 16 2017 Infrastructure Assessment – detailed evaluation of the condition of our assets: Pavement (roads and parking lots) Sidewalks Parks & Open Space Storm water/drainage systems Public Buildings. 17 The Results of the Assessment: An additional $2.4 million annually to maintain facilities already owned by and currently serving the community. And an additional $1.16 million would be needed to keep the Streets PCI at 69-70 in order to avoid significantly costlier maintenance in the future. Total = over $3.5 million in unfunded annual infrastructure maintenance. 18 62 overall 19 Potential CIP budget 20 Currently our Street Saver software shows : 65-70% of our City’s streets are in “very good/good” condition That leaves about 30% of our streets in “poor/very poor“ condition With about 5% at the point of moving down into the poor condition index. 21 66 miles of streets 30 to 35% or 23 miles of street in a poor condition 23 miles at a PCI of 45 or lower Much higher cost to repair versus PCI at around 45+ 22 Price Per S.F. 65-70% 30-35% 23 PREVIOUS 2017 INFRASTRUCTURE ASSESSMENT REPORT ROADS Estimate of Total Improvements $ 180,000,000 Annual Depreciation / Set-Aside $ 3,023,584 FY 2018-19 Funding $ 1,164,500 Additional Funding Needed $ 1,859,084 Our most valuable asset 24 Extensive Dig outs on Traffic Way and Striping Former PCI at 17, 30 to 50 Now 70 $1,200,000 project Traffic Way and W. Branch (1.5 miles) 25 Walmart In-N-Out West Branch St. Completed May 15th 2020 Former PCI 43 to 57 Now 71 26 Engineering, material and labor costs have increased about 5% each year (over the 14 year period) resulting in smaller streets rehabilitation projects and less sidewalk replacement Our strategy is to double the “arterial "streets (Halcyon, Elm St. Fair Oaks, Grand Ave, Oak Park) And add Residential streets at a very poor PCI 20-40 -About 30 residential streets at this PCI level Points to consider: 27 Equestrian Way Equestrian Way PCI 22 PCI 11 28 Virginia and Woodland Woodland Dr. PCI 49 and 37 29 Infrastructure Assessment Reports - Sidewalks Estimate of Total Improvements $ 34,912,500 Annual Depreciation / Set-Aside $ 232,750 FY 2018-19 Funding $ 110,000 Additional Funding Needed $ 122,750 30 Berry Gardens area 31 Halcyon Rd. Huasna Rd. 32 PREVIOUS INFRASTRUCTURE ASSESSMENT REPORT DRAINAGE FACILITES Estimate of Total Improvements $32,161,707 Annual Depreciation / Set-Aside $ 238,107 FY 2018-19 Funding $ 392,500 Additional Funding Needed $ 154,393 33 7/16/2020 Storm drain lining projects Increase our video evaluations Proactive rehabilitation our old Corrugated Metal Pipe (CMP) systems Avoids much more costly critical failures Ex. Oak Park and El Camino Real sinkhole 34 PREVIOUS INFRASTRUCTURE ASSESSMENT REPORT PARKS AND OPEN SPACE Estimate of Total Improvements $4,881,775 Annual Depreciation / Set-Aside $ 209,907 FY 2018-19 Funding $ 86,000 Additional Funding Needed $ 123,907 35 7/16/2020 Park and Open Space Maintenance Turf renovations Irrigation Hardscape and BBQ pits Tree trimming Fire/fuel management around our open spaces 36 Ocean Oaks Condos 37 Priority areas to address – interface between homes and open space vegetation Leisure Gardens James Way Open Space 38 PREVIOUS INFRASTRUCTURE ASSESSMENT REPORT GOVERNMENT BUILDINGS Estimate of Total Improvements $4,684,874 Annual Depreciation / Set-Aside $ 121,588 FY 2018-19 Funding $ 0 Additional Funding Needed $ 121,588 39 7/16/2020 City has taken numerous actions to ensure the City’s financial position including: instituting a postponement of filling vacant positions, tightening operational costs freeze travel expenses, and delaying one-time infrastructure improvements and putting other items on hold. The City’s fiscal outlook is relatively stable for the short term and the budget for next year maintains existing a prudent ending reserves in the General Fund to protect the City’s finances during these uncertain economic times. 40 2005 2020 Staffing Efficiencies 41 Community Outreach/Education – through November July 14, 2020 - Adopt a Resolution placing a local transaction and use tax (“sales tax”) measure on the ballot for November 2020. July 14, 2020 - Introduce an Ordinance adding a Chapter to the Arroyo Grande Municipal Code related to a transactions and use tax (subject to voter approval) July 28, 2020 – Adopt the Ordinance described above Next Steps and Key Dates if Council directs staff to move forward with a sales tax revenue measure: 42 Conclusion Without intervention, expenditures will continue to exceed revenues Solutions are: reduce expenses, increase revenues or some combination of the two 6/9/20 43