The Committee reviewed the Street Sales Tax Balance Sheet, the update of each of the Program active projects and the overall schedule for the 11-year Program which was started in 2009 and has made good progress. A Work Program to complete the promised projects has been developed. Program finances are being monitored. The Street Sales Tax revenues generally match the amount of expenses. The estimated sales tax revenue for this year is $8.55 million.
The Oversight Committee has formed the following conclusions. The 2018 Fall Work Program is consistent with the Street Sales Tax Program that was promised; the 11-year program has been planned and scheduled for completion and all promised projects are planned to be completed.