Locally Preferred Alternative Funding & Phasing Strategies - PowerPoint PPT Presentation

Locally Preferred Alternative Funding & Phasing Strategies December 20, 2013 1

• Introductions and meeting Purpose • Review Locally Preferred Alternative (LPA) • Discussion of Funding Strategy • Discussion of Phasing Strategy • Next Steps – Schedule – Upcoming meetings • Other Discussion 2

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ETJ 4

• Based on technical analysis and public input, extend Rapid service from Tech Ridge to Pflugerville. • Implement Express on MoPac to Austin. • Relocate Pflugerville P&R to vicinity of SH 45 and IH 130. • Phase in development of MoKan as a busway but preserve it as a future transportation corridor. 5

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• Provides direct and frequent service to Austin’s core. • Links Centers with Connect and Rapid service. • Serves traditional and new target transit markets. • Maximizes planned future and vacant land use opportunities. • Represents a readily expandable transit network. 7

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Capital Annual Route Description Cost Operating Cost Connect $7.8 $10.32 Webberville to Central Austin/Urban Rail via MLK $2.4 $2.64 Hutto to Round Rock via US79 $1.2 $1.51 Manor to Highland Mall via US290 $1.5 $2.10 Manor to Tech Ridge Center to LSTAR/Howard Lane Center via Parmer, Howard Lane $1.2 $1.81 University Boulevard Center to Cedar Park/Red Line via University Boulevard/FM1431 $1.5 $2.26 Express $86.0 $3.81 Georgetown to Central Austin via Loop 1/MoPac $4.0 $1.94 Hutto to Central Austin via SH 130/US 290/MoKan/Freight Rail $82.0 $1.87 • Buses $4.0 • Guideway $78.0 Rapid $58.1 $17.14 Extend Burnet Rapid service to Round Rock and Georgetown $38.1 $12.09 Pflugerville to LSTAR/Howard Lane Center via Pecan, Wells Branch, Howard Lane $20.0 $5.05 Park and Ride Facilities $12.0 9

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• Capital Funding Sources – Federal – Regional/local – Recommended sources to be carried forward – Examples of multi-jurisdiction cost sharing • Operations & Maintenance Funding Sources – Regional/local – Recommended sources to be carried forward – Examples of multi-jurisdiction cost sharing 11

Program Description Rapid Express Connect Park & Ride $58.1 M $86.0 M $7.8 M $12.0 M Formula Programs FTA Section 5307 Urbanized Area Formula Formula funds to urbanized areas for transit capital projects Funds and for transportation related planning FTA Section 5337 State of Good Repair Formula program to maintain existing fixed guideway systems Program in a state of good repair. FTA Section 5339 Bus and Bus Facilities Formula program to support transit capital programs. A State shall expend at least 15 percent of the amount made FTA Section 5311 Formula Grants for Rural available in each fiscal year to carry out a program to develop Areas and support intercity bus transportation. Competitive Programs FTA Section 5309 Capital Investment Grant Supports major fixed guideway transit capital projects that are MOKAN Program (New Starts / Small Starts) locally planned, implemented, and operated. New competitive grant program to assist agencies with FTA Section 5312 Research, Development, purchasing low or no emissions vehicles. MAP-21 authorized Demonstration, and Deployment Projects $70 million annually for FY 2013 and FY 2014 subject to appropriations by Congress. FTA Section 5303 Transit Oriented New pilot program for transit-oriented development (TOD) Development Planning Pilot planning grants. 12

Program Description Rapid Express Connect Park & Ride $58.1 M $86.0 M $7.8 M $12.0 M Flexible Formula Programs Funds projects that contribute to the attainment of national FHWA Congestion Mitigation and Air ambient air quality standards with a focus on ozone and Quality Improvement (CMAQ) carbon monoxide. * Program with the broadest eligibility criteria. Funds can be FHWA Surface Transportation Program used on any of the following: Federal-aid highway; bridge (STP) projects; transit capital projects; non-motorized paths, and bridge and tunnel inspection. FHWA Transportation Alternatives Provides funding for non-motorized transportation Program (TAP) improvements. Competitive Programs FHWA Projects of National and Regional Funding for critical high-cost surface transportation capital Significance projects that will accomplish national goals. Supports implementation of “shovel ready” infrastructure USDOT TIGER Program projects, including highways, bridges, public transit, passenger and freight rail, port infrastructure, and intermodal facilities. FHWA National Highway Performance Supports the condition and performance of the national Program highway system including the construction of new facilities * CMAQ funds could be available should the Austin area become designated as an nonattainment area for air quality. 13

Program Description Rapid Express Connect Park & Ride $58.1 M $86.0 M $7.8 M $12.0 M Existing Sources For services and facilities within the Capital Metro Service Capital Metro Sales Tax Area. Funding could be provided from existing general funds or Local Jurisdiction Participation through a comprehensive transportation bond package Private entities agree to pay for capital improvements that Private Participation provide a direct benefit. Revenues generated from the disposition of excess land Land Contribution or Other Asset Sales owned by local jurisdictions, including ROW contributions Increase/Reallocate tax levied on the gross receipts of lodging Hotel/Motel Tax within the area served by the transportation project. Increase /Reallocate existing vehicle registration fees within Vehicle Registration Fee the area served by the transportation project. 14

Program Description Rapid Express Connect Park & Ride $58.1 M $86.0 M $7.8 M $12.0 M Potential Source – May Require Legislative Action Residents within an outlining jurisdiction would hold a Capital Metro Service Area Expansion referendum to join the Capital Metro Service Area. Defined area within which businesses/residences collectively Value Capture agree to pay an additional tax or fee in order to fund improvements within the district's boundaries. A parking tax is a tax or surcharge levied on paid parking. The tax could be applied within transportation project’s study area Parking Tax for the use of off-street commercial or employer provided parking spaces. Taxes or surcharges imposed on rental cars that are leased, either through a countywide gross receipts tax on rental car Rental Car Surcharge companies (typically passed along to the customer) or a Customer Facility Charge (CFC) assessed per rental car contract Variable fees applied to classes of vehicles based upon the amount of pollutants they emit. Typically individual vehicles Emission Fee are not measured, rather the charge is imposed by the classification of the vehicle or engine. 15

Federal Match / Program Rapid Express Connect Park & Ride Typical Award $58.1 M $86.0 M $7.8 M $12.0 M Federal Formula Programs FTA Section 5307 Urbanized Area Formula Funds up to 80% FTA Section 5311 Formula Grants for Rural Areas up to 80% FHWA Surface Transportation Program (STP) up to 80% FHWA Transportation Alternatives Program (TAP) up to 80% Federal Competitive Programs FTA Section 5309 Capital Investment Grant Program (Small Starts) 49% FTA Section 5312 Research, Development, Demonstration, and up to 80% Deployment Projects (Low / No-Emission Buses) FTA Section 5303 Transit Oriented Development Planning Pilot up to 80% USDOT TIGER Program $20.0 M 16

Program Rapid Express Connect Park & Ride $58.1 M $86.0 M $7.8 M $12.0 M Local Match Sources Local Jurisdiction Participation Private Participation Land Contribution of Other Asset Sales Hotel/Motel Tax Vehicle Registration Fee Capital Metro Service Area Expansion Value Capture Parking Tax Rental Car Surcharge 17

• Methodology Challenges – Technical Analysis • Allocation variables – Service supplied – Service demand – Regional distribution – Political Compromise 18

• Capital cost categories - start-up and on-going – System-wide costs (buses, maintenance facility, communications, fare equipment, signal improvements) – Location specific costs (stations, passenger amenities, ROW, access/intersection improvements) 19

Service Supply Regional Distribution Service Demand Jurisdiction Divided Equally where Capital among County / Hours Revenue Miles Item is Located Jurisdiction County Washington DC Revenue hours Metro Hampton Roads, VA Milwaukee County Transit LYNX (Orlando, Fixed route FL) service hours 20

Service Supply Regional Distribution Stations by Service Demand Divided Equally among Jurisdiction Train Miles Ridership County / Jurisdiction Washington DC Metro LA Metrolink Commuter Rail Altamont Commuter Rail Express (ACE), CA CalTrain Commuter Rail San Jose/San Francisco South Florida RTA (Tri Rail) Virginia Railway Express 21