RE 2014-0513.2
RESOLUTION NO. 2014-0513.2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COPPELL, TEXAS, IN SUPPORT OF A CONSTITUTIONAL
AMENDMENT FOR INCREASED STATE FUNDING FOR
TRANSPORTATION.
rd
WHEREAS,
the 83Texas Legislature passed historic legislation proposing a constitutional
amendment on the November 4, 2014 state ballot affecting the state’s roads, highways, and bridges;
and
WHEREAS,
this is “A constitutional amendment to provide for the transfer of certain general
revenue to the economic stabilization fund and to the state highway fund and for the dedication of the
revenue transferred to the state highway fund”; and
WHEREAS,
this proposal will allow revenue transferred to the state highway fund to be used
only for developing public roadways, other than toll roads; and
WHEREAS,
this wouldrequire that any funds transferred to the state highway fund be
allocated by the Texas Department of Transportation consistent with existing formulas to ensure the
entire state benefits from this additional funding; and
WHEREAS,
the proposed amendment will aid in maintaining the current infrastructure and
will ease congestion by funding new projects for added capacity without any new or increased taxes or
fees; and
WHEREAS,
a strong transportation system is fundamental to Texas’ quality of life and
economic vitality, attracting new businesses and generating new jobs; and
WHEREAS,
state transportation funding over the past several years has been supplemented by
bond programs and those bond programs are now exhausted and have resulted in a significant level of
debt for Texas; and
WHEREAS,
the current state budget includes approximately $5 billion per year in
construction funding and will, based on current revenue projections, drop to only $2.5 billion in
available funds for construction for the next biennium; and
WHEREAS,
according to the latest report of the 2030 Commission, approximately $6.1 billion
per year in construction funding is needed to achieve “worst possible” conditions and $9.5 billion per
year is needed to achieve “minimally competitive” conditions; and
WHEREAS,
the proposed amendment would result in an estimated $1.4 billion per year for
;
the state highway fundand
WHEREAS,
while the proposed amendment would not fully fund the state’s overall
transportation needs, it would be a key step toward securing critical funding for transportation projects
in Texas; now
NOW,THEREFORE,BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY
OF COPPELL,TEXAS,supports the proposed amendment to address Texas' transportation
infrastructure needs on the November 4, 2014 ballot.
DULY PASSED by the City Council of the city of Coppell, Texas, this the 13th day of May,2014.
APP'• •VED:
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T REN S LBO HU AYOR
ATTEST:
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RISTEL PETT •S, CITY SECR• ARY
APPROVE I • TO FORM:
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ROBERT E. HAGER, y ATTORNEY