1. RENEW HOUSTON Good Streets. Good Drainage. A Better Houston!

2. Background Houston has a growing population and increasing density with greater demands on its drainage and streets.

3. Population – City of Houston

4. Density – City of Houston

5. Current Drainage & Street System 2,800 miles of road side drainage ditches 3,300 miles of storm sewers 6,000 miles of roadways

6. The Problem Most Streets & Drainage Systems are at, or near, the end of their useful life –60%-65% of streets and drainage systems are beyond their useful life –80% will be beyond their useful life in 20 years

7. The Problem $10 Billion Needed –$4.9 billion for storm sewers –$4.2 billion for streets –$0.8 billion for bridges

8. The Problem Not Enough Money –Houston spends $100M per year –Houston needs to spend $500M per year

9. The Solution - ReNEW Houston 1.Establish a Dedicated Fund a)Gain public trust that funds would not be reallocated for other uses 2.Raise enough money to solve the drainage and streets problem 3.Limit the percent used for O&M to maximize the amount of money available for capital improvements

10. Rebuild Houston Dedicated Fund

11. Existing Funding

12. Rebuild Houston Dedicated Fund Pay-As-You-Go Pay-As-You-Go—Convert current street and drainage annual bond debt service equivalent to a $0.118/$100 tax rate to a Pay-As-You Go system, stopping the payment of significant interest and converting those dollars to drainage and street improvements. Existing Funding

13. Rebuild Houston Dedicated Fund Third Party Funds Capture all external monies acquired from area entities, state and federal agencies, and any future local option funds that are intended for drainage and street improvements. Pay-As-You-Go Pay-As-You-Go—Convert current street and drainage annual bond debt service equivalent to a $0.118/$100 tax rate to a Pay-As-You Go system, stopping the payment of significant interest and converting those dollars to drainage and street improvements. Existing Funding

14. Rebuild Houston Dedicated Fund Third Party Funds Capture all external monies acquired from area entities, state and federal agencies, and any future local option funds that are intended for drainage and street improvements. Pay-As-You-Go Pay-As-You-Go—Convert current street and drainage annual bond debt service equivalent to a $0.118/$100 tax rate to a Pay-As-You Go system, stopping the payment of significant interest and converting those dollars to drainage and street improvements. Existing Funding New Funding

15. Rebuild Houston Dedicated Fund Third Party Funds Capture all external monies acquired from area entities, state and federal agencies, and any future local option funds that are intended for drainage and street improvements. Pay-As-You-Go Pay-As-You-Go—Convert current street and drainage annual bond debt service equivalent to a $0.118/$100 tax rate to a Pay-As-You Go system, stopping the payment of significant interest and converting those dollars to drainage and street improvements. Existing Funding Drainage User Fee to provide approximately 40% of the total project funding. (The fees must be established by the Mayor and City Council on an equitable basis across all residential and commercial property in accordance with state law). - $125m/year Drainage User Fee New Funding

16. Rebuild Houston Dedicated Fund Third Party Funds Capture all external monies acquired from area entities, state and federal agencies, and any future local option funds that are intended for drainage and street improvements. Development Impact Fee Development Impact Fee for drainage. (A new fee that can only be established to offset new impacts of development in accordance with state law.) Pay-As-You-Go Pay-As-You-Go—Convert current street and drainage annual bond debt service equivalent to a $0.118/$100 tax rate to a Pay-As-You Go system, stopping the payment of significant interest and converting those dollars to drainage and street improvements. Existing Funding Drainage User Fee to provide approximately 40% of the total project funding. (The fees must be established by the Mayor and City Council on an equitable basis across all residential and commercial property in accordance with state law). - $125m/year Drainage User Fee New Funding

17. Revenue10 Years20 Years30 Years Impact Fee101,000,000275,000,000437,000,000 Drainage Fee1,450,000,0003,800,000,0006,050,000,000 Pay As You Go293,000,0002,317,000,0005,770,000,000 Third Party1,071,000,0002,386,000,0003,814,000,000 Sub-total 2,915,000,0008,778,000,00016,071,000,000 Less O&M $ -759,000,000-1,685,000,000-2,691,000,000 TOTAL CIP 2,156,000,0007,093,000,00013,380,000,000 Estimated Drainage & Street Fund

18. What Will the RENEW HOUSTON Program Do? Establish a predictable source of funds that will allow the city to prioritize, budget and schedule the massive job to repair, replace and upgrade our streets and drainage systems.

19. ReNEW Houston –Improve quality of life –Improve emergency vehicles access to neighborhoods and businesses –Encourage economic development –It’s a permanent solution to fund Drainage and Streets

20. Implementation Proposition One is being implemented as part of the City of Houston ReBuild Houston Program. http://www.rebuildhouston.org