

> The old program has failed the city. > The city contains over 750 miles of deteriorating roads. > The new 5-Year program increases badly needed investment to build quality roads.
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Facts: > Over 80% of new revenue will go directly to our roads & streets ($55 million). > Significant investment into our flood control / storm water system ($6 million). > Continued investment into road maintenance and sidewalks ($6 million). > State law prevents using the revenue for anything other than roads and infrastructure.

> The City will stop paying massive interest by avoiding bonds. > We eliminate old debt and lower the City’s property tax rate. > We can use “pay-as-you-go” and throw away the credit card.

Facts: > Old Way: $1 million in bonds costs the citizens $1.3 million (after interest). > New Way: That same $1 million costs the Rockford taxpayer only $650,000 (after receipt of revenue from sales tax paid by people from outside of the City). > Impact: Additional cost to property tax bill - $0.

> 5-Year investment will create $52 million from from State and Federal grants. > Provides investment in the City’s flood control system. > Increases funding for neighborhood street construction.
Facts: > We will rebuild critical roadways like Harrison Avenue, South & North Main Streets, West State Street and Kishwaukee Street. > We will secure State and Federal funds by providing required matching funds. > We will revitalize neighborhoods and increase economic opportunity and jobs.

> This sales tax does not apply to groceries, medicine, or titled vehicles. > Plan will generate over $25 million from out-of-towners.

Facts: We Need to: > Stop incurring more debt! > Reduce property tax burden! > Collect road revenue from out-of -towners! > 5-year sunset clause allows citizens to hold elected officials accountable.

> Shares the expense of the road repairs with all who drive on Rockford roads. > Lowers property tax burden, increases road investment. > More accountability to the citizens.

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