TO: WCCTC Board MEETING DATE: March 28, 2025
FR: Leah Greenblat, Transportation Planning Manager
RE: FY 25-26 Annual STMP Fee Adjustment
REQUESTED ACTION
Information only.
BACKGROUND AND DISCUSSION
The 2019 Subregional Transportation Mitigation Program (STMP) Update became effective on July 1, 2019. The Master Cooperative Agreement, signed by all participating member agencies, specifies an automatic annual fee adjustment so that the fees are kept in sync with construction-related costs (whether inflation or deflation). The agreement links the fee adjustment to the Engineering News Record’s February San Francisco Bay Area Construction Cost Index for the prior twelve months. It should be noted that Engineering News Record’s Bay Area Construction Cost Index is a source commonly used by jurisdictions to make annual fee adjustments. This year that rate of change was -0.8%. STMP fees will be adjusted downward for FY 25-26, accordingly. WCCTAC staff is in the process of notifying partner agencies of this impending annual fee adjustment, which becomes effective July 1, 2024, so it may be incorporated into their local fee schedules.
The STMP Quarterly Reporting form for FY 25-26 is included as an attachment and reflects the lower fees for FY 25-26. Local agency staff should begin using this version of the reporting form to report STMP fees collected after July 1, 2025.
The FY 24-25 and FY 25-26 STMP fees are shown below.
ATTACHMENT
A. FY 2025-2026 STMP Quarterly Reporting Form