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City of Peoria Press Release

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Regional Transportation Funds Hit Home in Peoria

Voter-Approved Countywide Tax Helps Move Local Traffic


(PEORIA, Ariz.) January 25, 2007 – More than $14 million in regional transportation funds from the countywide half-cent transportation sales tax have flowed into the city’s coffers in recent months. This money is a reimbursement to the city that covers part of the costs for the design, land acquisition and construction of Lake Pleasant Parkway, a road with both local and regional importance.

“When the extension of the countywide transportation tax went to the voters in 2004, people were told how that money would help them locally,” said City Engineer Dave Moody. “This project shows how that promise is being fulfilled, how that regional fund has a local impact.”

The new four-lane segment of Lake Pleasant Parkway between Williams Road and Westwing Parkway, which includes a critical traffic signal at the intersection with Happy Valley Road, opened to traffic in September. When the initial $7 million reimbursement arrived in June 2006, Peoria became the first Valley city to receive a disbursement of half-cent sales tax money for an arterial street project after the extension was approved by voters in November 2004.

The city expects to receive additional money beginning in 2011 to further increase capacity on Lake Pleasant Parkway. Two other Peoria street projects will be partially reimbursed through the half-cent sales tax — Happy Valley Road from Terramar Boulevard to Lake Pleasant Parkway, and the Beardsley Road connection to Loop 101.

The Regional Transportation Plan, funded by the half-cent sales tax, supports countywide road construction including freeways, transit and arterial street projects.

Peoria voters approved a local three-tenths cent sales tax in September 2005 that will start to affect transportation construction in the coming months. $1 million generated by that tax is going to traffic signal improvements in the current fiscal year. Next fiscal year, the tax will contribute $15 million to the construction of Happy Valley Road between 75th Avenue and Lake Pleasant Parkway, and $5 million toward widening Thunderbird Road from Loop 101 west to 95th Avenue.

“These are very important and very expensive projects,” Moody said. “Every dollar is critical.”


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