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Home My WebLink About10/29/2024 04.B. REET 1 & 2 Budget Presentation i4 �e+ i • 1.:4'" \r,..;:...Noor....?) BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 4.B. For Meeting of: October 29, 2024 ITEM TITLE: REET 1 & 2 Budget Presentation SUBMITTED BY: Scott Schafer, Public Works Director SUMMARY EXPLANATION: Review a proposed REET 1 & 2 2025-2026 Biennial Priority Based Budget ITEM BUDGETED: N/A STRATEGIC PRIORITY 24-25: A Safe and Healthy Yakima RECOMMENDATION: ATTACHMENTS: Final - REET 1&2 2025-2026 Budget Presentation 10-17-24.pptx 13 Real Estate Excise Tax ( REET 1 & 2) 2025-2026 Priority- Based Budget . _ _ . ---- ,01 ,,-, _ , ,,. , ,,,, _ , , ....„, ,,.,.. ,:„...„‘„ ,.„.. . . „ . ., - -,-,,.. ,_,..,:. „..: ,. �.. `a < ',�..- is 'TV . g i� 1i • , Washington Fruit Community Center • - • _1 Master Plan r Project No.201932 October 2023 • KIA KDA ARCHITECTURE •- nine Scott Schafer Director of Public Works 14 Real Estate Excise Tax ( REET) Restricted funds for capital improvement projects, maintenance and debt service on capital improvements. REET 1 REET 2 First %% Real Estate Excise Tax Second %% Real Estate Excise Tax • City Hall • Street Grind & Overlays • Public Works Complex • Chip Sealing • Parks and Recreation Facilities • Sidewalk Repairs • Harman Center • Traffic Signal Upgrade/Maintenance • Tahoma Cemetery • Traffic Calming • Henry Beauchamp Community Center • Street Lights • Washington Fruit Community Center • Opticom System Upgrades • Yakima Police Facilities • Thermoplastic Pavement Markings • Yakima Fire Facilities • Pavement Condition Index (PCI) Projects listed within the City's 5-Year Capital Plan become eligible for REET funding 15 2025 REET 1 & 2 Priority-Based Biennial Budget A Safe&Healthy A Resilient Yakima A Thriving Yakima An Engaged Yakima Yakima Priority Level Program Name Justification of Priority Level ' This program funds capital improvement projects identified within the City's 5-Year Capital Plan and other 2 REET 1 Comprehensive Plans for the various $ 2,349,000 City-owned facilities. Some projects may be deemed Priority 1. A Safe&Healthy A Resilient Yakima A Thriving Yakima An Engaged Yakima Yakima Priority Level Program Name Justification of Priority Level s ''t —g J This program funds the materials and supplies for Street and Traffic projects crucial for public safety such as grind & $ 1,383,000 1 REET 2 overlay, chip seal, traffic signal replacement/maintenance, street lights, traffic marking etc. 16 2026 REET 1 & 2 Priority-Based Biennial Budget A Safe&Healthy A Resilient Yakima A Thriving Yakima An Engaged Yakima Yakima Priority Level Program Name Justification of Priority Level ' This program funds capital improvement projects identified within the City's 5-Year Capital Plan and other 2 REET 1 Comprehensive Plans for the various $ 2,142,000 City-owned facilities. Some projects may be deemed Priority 1. A Safe&Healthy A Resilient Yakima A Thriving Yakima An Engaged Yakima Yakima Priority Level Program Name Justification of Priority Level '`1e This program funds the materials and supplies for Street and Traffic projects crucial for public safety such as grind & 1 REET 2 overlay, chip seal, traffic signal replacement/maintenance, street $ 1,382,000 lights, traffic marking etc. 17 2020-2024 RE ET Revenue $2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $- 2020 2021 2022 2023 2024 —.—REET Actuals $1,263,715 $1,753,127 $1,782,586 $1,226,249 $1,248,169 Projected $1,584,000 $1,432,000 $1,592,000 $1,600,000 $1,600,000 tREET Actuals Projected 18 RE ET 1 Accomplishments (2023-2024) • City Hall Elevator Replacement • City Hall LED Lighting upgrade • City Hall 3rd Ave. Sidewalk Improvement • Public Works Building #5 HVAC Replacement • Public Works replacement of five outside door frames • Henry Beauchamp Jr. Community Center (HBJCC) Roof Replacement • HBJCC Panic Button upgrade • Washington Fruit Community Center (WFCC) Roof/HVAC Replacement • WFCC Master Plan • Lions Pool Dehumidifier Replacement • Chesterley Park Pathway Installation • Naches Parkway Fence/Irrigation Installation • Zais Justice Center Chiller Installation • Zais Justice Center UPS Replacement • Municipal Court Remodel • Fire Station 93 Roof Replacement • Emergency Tower Generator Replacement • Contributions to the YMCA Aquatic Facility Capital Reserve Fund 19 REET 1 Goals (2025-2026 • City Hall Chiller Replacement • City Hall Security Upgrades • Larson Park Picnic Shelter • Henry Beauchamp Jr. Community Center ADA Upgrades • Elks Park New Playground • Public Works Complex Backyard Paving • Fire Station 95 Remodel/Burn Training Tower Repair • West Valley Community Park Parking Lot Lighting • Zais Justice Center SAU Roof Replacement • Contributions to the YMCA Aquatic Facility Capital Reserve Fund 20 RE ET 2 Accomplishments (2023-2024) • Completed Chip Sealing in the following areas: • Summitview Ave.to Nob Hill Blvd.;40th Ave.to 48th Ave. • Tieton Dr.to Nob Hill Blvd.;32nd Ave.to 40th Ave. • East of N.1st St.to 1-82,North of F St.to I St. • Washington Ave.to Nob Hill Blvd.;64th Ave.to 75th Ave. • 1st St.east to Fair Ave.;Maple St.to Nob Hill Blvd. r • Completed Grind and Overlay in the following: ` 30--- A lii i' • South of Nob Hill Blvd.on S.64th Ave.to Wide Hollow Creek Bridge 1 • 72nd Ave./Nob Hill Blvd.intersection r....,.../...........7-- • 3rd Ave./Nob Hill Intersection • 17th Ave./Summitview Ave.Intersection • 18th Ave./Summitview Intersection 1 ; ‘, . rl a iii1 `• CompletedaO / rd and Ovely in the following: § ' IT" ?!el-■• 49th Ave.from Summitview Ave.to Walnut St. ® • 8th St.from Yakima Ave.to Walnut St. —iy ,i i o— • Installed battery backup traffic signal cabinets at 40th Ave./Fruitvale and • 14 - j rfla th as , r 16 Ave./Tieton Dr. ..,: 1 1 it I'np • Installed 10 new LED street lights _ . 1Wit 1' 1 I �� Iii ,k Q a �,,�Q R �t'. I • Installed 5 rapid flashing beacons _."t I _ _ _ • Installed one new traffic signal at Washington Ave./Spring Creek Rd. � Am.__ _ • Upgraded 9 incandescent signal heads to 12-inch LED • Main arterials were re-striped • All crosswalks within school zones were painted 21 REET 2 Goals (2025-2026) Street Traffic • Chip Sealing the following areas: • Install 1 battery backup signal cabinet per year at an intersection • 16th Ave. to 32nd Ave.; Nob Hill Blvd. to Tieton Dr. • Replace 5 aging traffic signal controllers/conflict monitors per year • 16th Ave. to 32nd Ave. Nob Hill Blvd. to Summitview Ave. • • 16th Ave. to Front St.; Summitview Ave. to Tieton Dr. Upgrade 15 signal heads to 12-inch LED • 48th Ave. to 56th Ave.; Nob Hill Blvd. to Summitview Ave. • Standardize 5 intersections per year with "horizontal-configuration" of signal heads • Grind and Overlay in the following: • Add "flashing Yellow arrow" functionality to 5 intersections per year • 9th St. from Yakima Ave. to Lincoln Blvd. • Division St. from 5th Ave. to 3rd Ave. • Upgrade pedestrian ADA compliant push-buttons at 2 intersections per year • 11th Ave. from Walnut St. to Tieton Dr. • 48th Ave. from Summitview Ave. to Chestnut Ave. • Install additional street lights per requests • Tieton Dr. from 72nd Ave. westbound to Jade PI. • Re-paint angle-parking stalls from 6th St. to Front St., D St. to Walnut • 72nd Ave. southbound from Nob Hill Blvd. to W. Prasch Ave. St. • Zier Rd. from 80th Ave. to 89th Ave. • Re-paint all downtown handicap parking stalls • Tear Out with Grind and Overlay in the following: • Re-paint/apply thermoplastic to all crosswalks within school zones • Lincoln Blvd. from 60th Ave. to 62nd Ave. and at all signalized crosswalks 22 Questions