2018 metro mayors annual meeting · better transportation service for north carolina our mission:...

2018 Metro Mayors Annual Meeting

Secretary Jim Trogdon, PE

11/16/2018

Metro Mayors

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Expected Population Growth by 2040

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NC DemographicsMetro Mayors

Investment ($B) Among Peer States2015

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Investment ($B) Among Peer States2017

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System Mileage vs. Spending Per Mile

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Metro Mayors

Metro Mayors

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Challenges

SASHTO

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Project Advancements

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Changes Between the 2018-2027 Draft STIP & Final STIP

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Accelerated Project

New Project

Metro Mayors

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Addressing Balance – Accelerating Delivery

Cash BalanceClosing

Target

Floor

Cash Management Plan of Action

Metro Mayors

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• Modeled after GARVEE• Will maintain integrity of STI• Have appropriate oversight• Be utilized at the Regional and Division

project tiers (projects NOT eligible for GARVEE)• Affordability will be determined by the

State Treasurer

BUILD NCMetro Mayors

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HB 1010 / S 758

• S 758 Passed Senate on 6/6/2018

• S 758 Passed House on 6/12/2018

• Signed by the Governoron 6/20/2018

BUILD NC - LegislationMetro Mayors

Metro Mayors

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Summary

• NC is growing and changing• Multiple tools are necessary to meet

immediate as well as future needs• Thank you for your strong partnership. Now

and in the future!• Join us for our first North Carolina

Transportation Summit

Metro Mayors