The following are the dedicated Street Maintenance revenue sources that the City receives:
- Gas Tax (Ongoing State Revenue): $257,757 for FY 20-21
- Senate Bill 1 (RMRA; State Revenue, expires in 2028): $176,593 for FY 20-21
Total annual dedicated revenue: $434,350
Average annual cost of general street maintenance completed by Public Works (pothole repair, culvert replacement, and pavement patching labor, equipment, and materials): $130,000
Remaining annual revenue available for street paving projects: ~$300,000
The City’s available annual revenue available for street paving ($300,000) is vastly outstripped by both the cost to maintain a PCI Rating of 58 ($2.4M) and the overall deferred maintenance backlog ($26M). Because of this, City staff diligently searches and applies for every additional revenue source that can be located.
For FY 20-21 and FY 21-22, the City Council allocated an additional $700,000 per year for street maintenance projects. This additional allocation, in combination with the dedicated revenue sources listed above and any other funding that the City is successful in obtaining will allow the City to move forward with several paving projects in the next several years.