2040 LONG RANGE PLAN UPDATEFinancial Resources

OverviewFebruary 11, 2015

ELEMENTS OF THE LRTP

Outlook 2040 LRTP Update

Goals & Objectives

NeedsAssessment

Data Forecasts

FinancialResources

Cost Feasible

Plan

Financial Resources• What funding will be available and

what new sources could be available?

• Projects can use Local, State, Federal or Private transportation dollars

• We will not have sufficient revenues to meet all of our needs

State Transportation Revenue

Fuel Tax, $1,943M, 59%Motor Vehicle Fees, $939M, 28%Aviation, $35M, 1%Document Stamps, $271M, 8%Rental Car, $124M, 4%

Federal and State Revenue

Federal State Local0

5

10

15

20

25

18.4

6

13.1

7.2

6

5

2

111

Municipal Fuel / 1¢ GalCounty Fuel Tax / 1¢ GalNinth-Cent / 1¢ GalConstitutional Fuel / 2¢ GalAdd'l Local Option / 5¢ Gal (Gasoline/Gasohol Only)Local Option Fuel Tax / 6¢ GalState Comprehensive Enhanced Transportation Tax / 7.2¢ GalFuel Sales Tax / 13.1¢ GalAdd'l Diesel Fuel/6¢ GalGas Tax / 18.4 ¢ Gal

Capacity Program Estimates2040 Revenue Forecast

Capacity Programs 2019-2020 2021-2025 2026-2030 2031-2040 22 Year Total

SIS Highways CST & ROW

N/A N/A N/A N/A N/A

Other Arterials CST & ROW

$29.23 $65.25 $61.70 $134.93 $291.11

TMA Funds $9.00 $22.50 $22.50 $45.00 $99.0

Transit $18.10 $46.40 $48.80 $102.30 $215.60

Total Capacity Programs

$56.33 $134.15 $133.0 $282.23 $605.71

Source: Florida Department of Transportation

TMA Fund Program Estimates

MAP-21 Categories

25 Year Funding

Projections (Capacity)

25 Year Funding

Projections (O&M)

Annual Project Funding

(Capacity)

Annual Project Funding (O&M)

10 Yr Project Funding

(Capacity)

10 Yr Project Funding (O&M)

National Highway Performance Program (NHPP) $0 $0 $0 $0 $0 $0Surface Transportation Program –Ded. (STPOA) $59 $236 $0 $12 $0 $118Surface Transportation Program Other* $764 $3,056 $0 $153 $0 $1,528Bridge Funding $0 $0 $0 $0 $0 $0Interstate Maintenance $0 $0 $0 $0 $0 $0Transit $0 $0 $0 $0 $0 $0Congestion Mitigation & Air Quality (CMAQ) $0 $0 $0 $0 $0 $0Highway Safety Improvement Program (HSIP) $0 $0 $0 $0 $0 $0Transportation Alternatives Program (TAP) $0 $0 $0 $0 $0 $0

Other Federal Funding and Funding from SAFETEA-LU (unspent funding left over from previous transportation bill)Appalachian Highway System $0 $0 $0 $0 $0 $0High Priority and Congressional Earmark Funding $0 $0 $0 $0 $0 $0

Totals:$823 $3,292 $0 $165 $0 $1,646

$4,115 $165 $1,646

$150M available in statewide capacity funding per year 10 year funding based on FY-2002 thru FY-2013 *STP (Other) funding does not include Alabama Transportation Rehabilitation and Improvement Program (ATRIP) funds

Source: Alabama Department of Transportation

Local Funding• Working with Escambia County to

determine capacity projects that may be funded with the LOST

• Working with Santa Rosa County to determine if any capacity projects will be funded locally

• Working with Cities to determine if any capacity projects will be funded locally

Other Programs• Transportation Regional Incentive

Program (TRIP) = $3.06 Million Districtwide

• Transportation Alternatives Program (TAP) – TALU (Urban Funds) = $9.7 Million– TALT (Any Area) = $7.3 Million

• Operations & Maintenance = $9.5 Billion Districtwide

Review• Document was reviewed last month– FDOT– ALDOT– FHWA– Staff

• A number of minor comments were received and all were addressed to the commenters satisfaction.

QUESTIONS

Recommended Action• Approval of a motion to authorize the

TPO chairman to sign Resolution FL-AL 15-01 approving the 2040 Florida-Alabama Long Range Transportation Plan Financial Resources Report.

Advisory Committee Actions• TCC Recommended…• CAC Recommended…

SCHEDULE

• Evaluation Criteria Development – Winter 2014/2015

• Congestion Management Report Update – Winter 2015

• Development of Financial Resources – Winter 2014/2015

SCHEDULE

• Development of 2040 Needs Plan – Winter 2015

• Public Workshop Series #2 – Early Spring 2015

• Development of 2040 Cost Feasible Plan Fall/Winter 2015

• Public Workshop Series #3 – Fall 2015

• Plan Adoption – December 2015

2040 LONG RANGE PLAN UPDATEFinancial Resources

OverviewFebruary 11, 2015