Wash. Admin. Code § 479-10-585

Current through Register Vol. 24-21, November 1, 2024
Section 479-10-585 - Matching requirements for the complete streets program

The complete streets program provides funding for the agencies which will be matched by other funds as follows:

(1) For an incorporated city or town that has a population of less than 5,000:
(a) If the city assessed valuation is under $100,000,000, no cash match is necessary.
(b) If the city assessed valuation is from $100,000,000 to $500,000,000, the matching rate is five percent of total project costs.
(c) If the city assessed valuation is greater than $500,000,000, the matching rate is 10 percent of total project costs.
(2) For incorporated cities or towns with a population of 5,000 or more:
(a) If the city assessed valuation is under $1,000,000,000, the matching rate is 10 percent of total project costs.
(b) If the city assessed valuation is between $1,000,000,000 and $2,500,000,000, the matching rate is 15 percent of total project costs.
(c) If the city assessed valuation is over $2,500,000,000, the matching rate is 20 percent of total project costs.
(3) For counties:
(a) If the road levy valuation is under $3,000,000,000, the matching rate is 10 percent of total project costs.
(b) If the road levy valuation is between $3,000,000,000 to $10,000,000,000, the matching rate is 15 percent of total project costs.
(c) If the road levy valuation is over $10,000,000,000, the matching rate is 20 percent of total project costs.

The board uses the current published valuation from the department of revenue.

Wash. Admin. Code § 479-10-585

Adopted by WSR 24-01-071, Filed 12/14/2023, effective 1/14/2024