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o <br /> <br />(See Section 5, recommendation #2, page 41) <br /> <br />Provide cities with additional local taxing authority, including the authority to establish a <br />"Transportation Utility". <br />Because of the limitations on special assessments, general fund appropriations and other potential <br />funding sources, many cities are finding it increasingly difficult to develop a financing program to <br />fund needed improvements and maintenance. Authorizing cities to finance transportation <br />infrastructure by establishing a transportation utility would result in users of the system providing <br />the additional revenue necessary to support its construction and/or maintenance. Other "user- <br />based" funding sources could include local option fuel taxes or sales taxes on the price of fuel. <br />(See Section 5, recommendation #3, page 42) <br /> <br /> Enact legislation authorizing cities to establish "Impact Fees". <br />Since new industrial, commercial and residential developments all result in increasing demands on <br />public infrastructure - including streets - it is reasonable to generate the revenues necessary to <br />build and support these infrastructure improvements on those who create the need for them. <br />Impact fees (and fee exemptions) could also be used as a policy tool to encourage regional growth <br />patterns that are consistent with sound long range planning principles. <br />(See Section 5, recommendation #4, page 43) <br /> <br />35 <br /> <br /> <br />