ECIA A Regional Response to Local Needs Financial Analysis for RPA 8 2040 Long Range Transportation Plan CHANDRA RAVADA Director of Transportation
Federal Funds for Roads, Bridges & Trails DMATS Funds: • Surface Transportation Program (STP) • Transportation Alternative Program (TAP) • Transportation Alternative Program Flex (TAP Flex) DOT Funds: • Highway Bridge Program (HBR)
Historic Trends of Federal Aid STBG Annual Growth rate: 3.07% $4,500,000 HBP Annual Growth rate: 3.00% $4,000,000 TAP & TAP Flex Annual Growth rate: 3.47% $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Funding sources Funding sources Funding sources
Future Projections of Federal Aid $4,500,000 Total projected to 2040: $157.1 million STBG projected to 2040: $76.1 million $4,000,000 $3,500,000 $3,000,000 HBP projected to 2040: $73.87 million $2,500,000 $2,000,000 $1,500,000 $1,000,000 TAP & TAP projected to 2040: $7.05 million $500,000 $0 2016 2020 2024 2028 2032 2036 2040 STP HBP TAP & TAP Flex
Revenues and Expenditures of Cities (Population >5,000) Revenue Expenditure $25,000,000 $25,000,000 $21,467,859 $18,255,617 $20,342,552 $18,129,399 $18,867,245 $18,352,691 $20,000,000 $20,000,000 $17,686,030 $16,540,722 $17,943,645 $16,467,296 Street Debt $15,000,000 $15,000,000 Equipment & Miscellaneous Receipts, Debt Service Adminstration Other Road Monies Receipts Road User Tax Funds (RUTF) Construction, Reconstruction and Improvments TOTAL $10,000,000 $10,000,000 Total Roadway Maintenance TOTAL $5,000,000 $5,000,000 Spent $12.5 million annually on maintenance and improvements $0 $0 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016
City Expenditures on Federal Aid System Street Debt $1,100,113 23.12% FA Non FA Equipment $171,982 76.88% Adminstration $59,136 Total Miles : 271.75 Construction, Reconstruction and Improvments $1,997,008 The Cities spend $2.86 million annually on Total Roadway Maintenance maintenance and improvements $863,792 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000
Revenues and Expenditures of Counties Revenue Expenditure $40,000,000 $35,000,000 $31,629,256 $35,682,266 $30,886,181 $30,986,542 $33,373,209 $35,000,000 $30,240,630 $30,000,000 $27,689,123 $29,536,548 $29,653,318 $30,000,000 $24,088,473 $25,000,000 RISE funds Misc. Recs. $25,000,000 TIME-21 funds $20,000,000 General Roadway BR funds Roadway Maintenance RUTF $20,000,000 Local Construction FM xfr Revenue Admin. & Engineering $15,000,000 L.O.S.T. Total TJ Revenue $15,000,000 Prpty tax Total Receipts $10,000,000 $10,000,000 Spent $29.0 $5,000,000 $5,000,000 million annually on maintenance and $0 $0 improvements 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016
Counties Expenditure on Federal Aid System $2,615,115 General Roadway 36.21% FA Non FA 63.79% Local Construction $2,234,536 Total Miles : 3,201.74 Roadway Maintenance $4,991,132 The Counties spend $10.76 million annually on Admin. & Engineering $922,033 maintenance and improvements $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000
Future Projections of Local Funds $30,000,000 The RPA 8 is estimating $462.4 million by 2040 for systems maintenance $25,000,000 3% annual growth rate $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 2017 2019 2021 2023 2025 2027 2029 2031 2033 2035 2037 2039 City of Clinton City of DeWitt City of Manchester City of Maquoketa Clinton County Delaware County Dubuque County Jackson County
TOTAL FUNDS AVIALBLE BY 2040 Source Funds Federal $157,050,000 Local $462,441,303 TOTAL $619,491,303
TRANSIT FUNDS FUNDING SOURCES CLINTON FUNDING SOURCES RTA 8 MTA Capital Capital Section 5339 Section 5339 Infrastructure Grant Operations Federal & State Grants Section 5339 Surface Transportation Program Passenger Revenue Contract and other revenue Operations Local Tax Section 5339 Federal Transit Assistance (FTA) Passenger Revenue State Transit Assistance (STA) Contract and other revenue Local Tax Federal Transit Assistance (FTA) State Transit Assistance (STA)
Historical Revenues for Transit Systems $3,802,657 $4,000,000 $3,733,030 $3,611,910 $3,555,089 $3,521,015 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 2012 2013 2014 2015 2016 Section 5339 Local Tax FTA STA Passenger Revenue Contract and other revenue Local Tax TOTAL
Future Revenue for Transit Systems $7,000,000 The RPA 8 is estimating $124 million by 2040 for system maintenance $6,000,000 3% annual growth rate $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 2017 2019 2021 2023 2025 2027 2029 2031 2033 2035 2037 2039 2041 Section 5339 Local FTA STA Contracts & local Tax
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