The PACS fund was approved by City Council to fund projects that make the community more walkable and bikeable.
How Revenue Generated
Revenue for the PACS fund is generated by a franchise fee ordinance that imposes a fee of $1.45 per month on residential customers of Xcel Energy and $1.45 per month on residential customers of CenterPoint Energy. There are higher franchise fees for commercial customers of both utilities.
The revenue in the PACS fund will be used exclusively for specific improvements to and maintenance of the City's non-motorized transportation network. This network includes sidewalks, trails, bikeways, pedestrian crossings, and related signage and pavement markings.