VEHICLE REGISTRATION FEE INCREASE
There are several peer communities that use vehicle registration fees to fund transportation investments . The current City fee of $ 30 is allocated to CATS ($ 25 ) and the City ’ s General Fund ($ 5 ).
Approving a vehicle registration fee increase requires State enabling legislative authority , and City Council approval ( city fee ).
Potential Vehicle Registration Fee Revenues
City Fee Increase * |
Additional Annual Revenue |
30-Year Revenue |
$ 1 |
$ 880K |
$ 26.4 million |
$ 5 |
$ 4.4 million |
$ 132 million |
$ 10 |
$ 8.8 million |
$ 264 million |
* Current City Fee : $ 30 ($ 25 to CATS , $ 5 to General Fund ) |
HOW | The Funding Strategy 67