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when Senate Bill 360 (SB 360) was passed. He divulged that currently, the Capital Improvements <br />Element requires only one public hearing to be approved, thus circumventing the lengthy approval <br />process that is required for the standard Comprehensive Plan Amendment. Director Keating <br />declared that if the Board adopts the proposed Ordinance at today's November 13, 2007 meeting, <br />the Capital Improvements Element of the Comprehensive Plan would be amended. <br />Director Keating provided details on the updated Appendix A, the County's <br />five-year Capital Improvements Program (CIP), and the updated Appendix B, the County Priority <br />Transportation Capital Improvements. He discussed revenue sources and projected amounts of <br />revenue for proposed transportation, and detailed the projects (mostly in transportation) that have <br />had to be amended, deferred, or deleted. <br />Director Keating explained that the revenues were categorized into two types: (1) <br />"Committed" revenue sources, which are already in place and used for expenditures to maintain <br />level of service standards in first three (3) years, and (2) "Planned" Revenue Sources which can be <br />programmed in years four (4) and five (5). Director Keating noted that the County is proposing to <br />use Planned Revenue Sources for transportation expenditures in years four (4) and five (5), which <br />would come from an increase in local gas tax options from six (6) to twelve (12) cents. He then <br />presented staffs recommendation to open the public hearing, get public input, and adopt the <br />proposed Ordinance. <br />Director Keating responded to questions from Commissioner O'Bryan regarding <br />the proposed gas options tax increase. <br />Budget Director Jason Brown informed the Board that the gas tax options would <br />be a 20 -year bond issue. <br />Vice Chair Bowden opened the public hearing. <br />November 13, 2007 <br />7 <br />