The Sammamish transportation fund will be nearly depleted by 2020, a forecast shown the City Council July 7 indicates.
In a staff presentation outlining the six year Transportation Improvement Program (TIP) planning document, a requirement under state law, focus was on the projected budget through 2019. During this period, Staff emphasized the prospect of obtaining grants, revenue from the Klahanie annexation and other fees that will support a variety of road projects.
But little discussion occurred on the declining fund balance projections beginning in 2017 and the dramatic drop offs thereafter to virtually no balance in 2020 or 2021.
Sammamish Comment 