Table 6.3: Potential Local Funding Mechanisms <br /> <br />Funding Source Description Potential Application in Eugene <br />Street Utility <br />A fee based on the number of automobile trips a System-wide transportation facilities <br />Fees (also <br />particular land use generates; usually collected including streets, sidewalks, bike <br />called road <br />through a regular utility bill. Fees can also be tied to lanes, and shared use paths. <br />maintenance <br />the annual registration of a vehicle to pay for <br />fees) <br />improvements, expansion, and maintenance of the <br />street system. <br />Transportation <br />SDCs are impact fees assessed to development for The City is updating its <br />Systems <br />the capacity demand it creates on public infrastructure Transportation System <br />Development <br />systems. SDCs may be an improvement fee, a Development Charge to reflect <br />Charge (SDC) eligible components of the <br />reimbursement fee, or a combination thereof. <br />2035 <br />project list. <br />Reimbursement fee revenues are dedicated to capital <br />TSP <br />projects that increase capacity to meet the needs of <br />growth. SDC credits are provided to developers for <br />public improvements they construct which add capacity <br />to the system beyond that required to serve their <br />development. SDC credits may also be given for <br />development provisions that reduce vehicular capacity <br />demand on the transportation system, such as <br />providing end-of-trip bike facilities within the new <br />development. <br />Stormwater <br />SDCs, grants, loans, and stormwater improvement SDCs may only be used for that <br />SDCs, grants, <br />fees can be obtained for improving stormwater portion of transportation <br />and loans <br />management facilities constructed as part of improvements which generate <br />transportation system improvements. additional stormwater management <br />capacity related to growth. <br />Local gas tax <br />A local tax can be assessed on the purchase of gas System-wide transportation facilities <br />within the City. This tax is added to the cost of gasoline including streets, sidewalks, and <br />at the pump, along with the state and federal gas bike lanes. <br />taxes. <br /> <br />