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Overview
Funding transportation and infrastructure has become increasingly difficult in the past few years. Public revenues supportive of transportation improvements have declined. The Federal Highway Trust Fund, financed primarily by a tax on gasoline, is receiving less money annually based on a dated funding mechanism initially established in the 1970s. Furthermore, Congress has had to fill the funding gap in the Highway Trust Fund over the last couple of years, usually through short term infusions. This has created a funding scenario which is neither adequate or consistent. If the Broward region is to have a transportation system and the essence infrastructure to sustain its current residents and seasonal population, as well as attract business, the region will need to look inward for future funding.
Surtax Options
Florida Statute Section 212.055 provides two sales surtax (limited to the first $5,000 of any taxable item) options for funding transportation and infrastructure in the Broward region. Broward County has the option to levy either or a combination of the Charter County and Regional Transportation System Surtax or Local Government Infrastructure Surtax. Each option generates the same level of revenue, but allow the funds to be used for different purposes as illustrated in this Fact Sheet.
Timeline
January 7, 2016 | Broward MPO Local Surtax Subcommittee* |
January 13, 2016 | County Administrator Meeting |
January 14, 2016 | Broward MPO Local Surtax Subcommittee* |
February 4, 2016 |
Broward MPO Local Surtax Subcommittee*
|
February 8, 2016 | Hallandale Beach "Let's Talk Transportation* |
February 11, 2016 | Broward MPO Board Meeting |
February 16, 2016 | Broward County Commission Transportation Board Workshop |
March 3, 2016 | Broward MPO Local Surtax Subcommittee* |
March 16, 2016 | Joint Meeting of Broward MPO & Board of County Commissioners |
May 31, 2016 | Municipal Resolutions Due |
June 20, 2016 | File with Supervisor of Elections |
November 8, 2016 | Election Day |
*Recording available upon request.
References & Resources
2015 Local Government Financial Information Handbook
Transportation Needs Spreadsheet - Updated 3/8/16
Summary: Discretionary Surtax Funding Plan (DRAFT)
Full Text: Discretionary Surtax Funding Plan (DRAFT)*
*This document is still in draft stages and is subject to change.
Fact Sheet - Broward MPO Roles & Responsibilities
For more information, please contact Gregory Stuart at (954) 876-0033 or stuartg@browardmpo.org.
For complaints, questions or concerns about civil rights or nondiscrimination; or for special requests under the Americans with Disabilities Act, please contact: Christopher Ryan, Public Information Officer/Title VI Coordinator at (954) 876-0036 or ryanc@browardmpo.org.