Staff will present and discuss the proposed annual update to the City’s Transportation Improvement Program (TIP). The TIP identifies projects and programs needed to address transportation needs over the next 6-year period. RCW 35.77.010 requires the City to create a TIP and update it at least once per year. Often the TIP is updated more frequently as additional transportation needs and funding is identified throughout the year. The TIP identifies secured or reasonably expected revenues and expenditures for each of the projects and programs included in the TIP.

Staff will also present and discuss the proposed 2022 update to the transportation impact fees. The proposed fees are based on the funding needs identified in the 2022-2027 TIP and anticipated development activities during the next 6 year period that necessitate additional transportation capacity. The proposed fee would be included in the fee schedule that will be brought later to the City council for adoption:

• Increase in the base City wide fee of 7% from $4,894 to $5,237 per trip
• Reduced fees for downtown remain in place
• Fees for Lakeland Hills Planned Unit Development (PUD) increase will be based on the Consumer Price Index for the Seattle area