Slay announces priority transportation projects for proposed sales tax

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by KMOV.com Staff

KMOV.com

Posted on June 2, 2014 at 12:58 PM

Updated Monday, Jun 2 at 4:42 PM

SAINT LOUIS – St. Louis Mayor Francis Slay has submitted to the Missouri Department of Transportation a list of 43 priority projects to be funded if a proposed three-quarter cent state sales tax passes on the Aug. 6. ballot.

The projects, which will cost an estimated $268.5 million, will be funded over a 10-year period. The sales tax would increase from 8.679 percent to 9.429 percent.

“Supporting the sales tax was not an easy decision,” Mayor Slay said.  “The tax is regressive and will make our sales tax rate very high.  On the other hand, we must invest in our infrastructure to make our city a better place to live and to compete in a global economy.”

City officials say the project list will be the basis for future plans whether the sales tax passes or not. The investment in roads and bridges is only 25 percent of the city’s allotment.

According to Slay’s list, $4 million would go toward the CCTV installations at a real-time transportation center at the St. Louis Metropolitan Police Department. An additional $35 million would be spent to operate the St. Louis Streetcar project that is proposed and pending approval of the Tiger Grant.

If approved, the tax is projected to generate about $534 million annually statewide for the next 10 years.

MoDOT says its project list will include roads and bridges as well as other modes of transportation.

There will be a weeklong public comment period until June 20. The Missouri Highways and Transportation Commission is to vote on the final project list on June 26.

State lawmakers referred the transportation tax to the ballot. Gov. Jay Nixon set it for an August election instead of November.

St. Louis officials say the city should be entitled to approximately $255 million in project funding over 10 years. The city also submitted extra projects. MoDOT will make cost estimates on all projects and if the cost of all projects is less than $255 million, MoDOT will put the extra projects on its list.

Besides the $255 million, the city would get an additional $2.4 million per year in discretionary transportation funding out of municipal and county funds.  Project lists are not required for that portion of money.

 

Click here to view the complete project list.

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