Thursday, January 30, 2014
Garden City—ACHD today releases the fourth annual revenue and expense report, detailing where $900 million was spent in each city and Ada County since 2001.
ACHD revenue & spending report to be released Thursday
The report illustrates equitable distribution of services and projects received by local government. For example, Boise residents received nearly $39 million in projects and services in 2013, while the city as a whole contributed $34.5 million in property taxes, gas taxes, development impact fees and other revenue to the Ada County Highway District.
Similarly, Meridian residents and businesses contributed a total of almost $22 million in revenue to the District and received $24 million back.
"As the county’s growth rebounds’ dollars will be spent on those areas that placed as the highest priority and have the greatest need," said Mitchell A. Jaurena, ACHD’s vice president.
High-growth areas can be seen by the amount of impact fees generated in each jurisdiction. Development impact fees are paid through building permits as new homes, stores and industrial buildings are completed. Meridian produced the most impact fees in the county, generating more than $6 million - or 46 percent of the total collected.
In fiscal 2013, ACHD received more than $87 million dollars, and a little more than $90 million was spent on projects and services throughout the county, tapping funds retained from the prior year.
Looking forward to the next several years, ACHD anticipates spending slightly more money in the Boise and Meridian areas, where growth continues to be the strongest.
(Please see the detailed breakdowns of revenue collection and expenditures by each local jurisdiction.)