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2 <br /> FINANCIAL IMPACT: Although this item does not have an immediate financial impact, the <br /> associated activity relates to the process to expend: <br /> • Approximately $6 Million per year of half-cent transit sales tax revenue; <br /> • $7 County vehicle registration fees; <br /> • $3 regional/TT vehicle registration fees (not yet implemented); and <br /> • Existing regional/TT rental car tax revenues. <br /> RECOMMENDATION(S): The Manager recommends the Board: <br /> 1. Receive the update; and <br /> 2. Provide feedback as appropriate. <br />