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HRTPO Board Meeting │ November 19, 2015 │ Agenda
ITEM #21: FOR YOUR INFORMATION A. HAMPTON ROADS TRANSPORTATION FUND: MONTHLY FINANCIAL REPORT
The Virginia Department of Transportation (VDOT) provides the HRTPO with monthly financial reports relating to the HRTF including the following information:
• Revenue from sources as detailed by the collecting agency • Interest earnings • Expenditures reflecting both the program (HRTF) total as well as project totals • The current cash position/balance in the HRTF as well as forecasted cash
position/balance
Attachment 21-A
November 9, 2015
HAMPTON ROADS TRANSPORTATION FUND FINANCIAL REPORT
FY2014 – FY2016
VDOT provides the HRTPO and HRTAC staff with monthly financial reports relating to the HRTF including the following information:
• Revenue from sources as detailed by the collecting agency • Interest earnings • Expenditures reflecting both the program total as well as project totals • The current cash position/balance in the HRTF as well as forecasted cash
position/balance
Attached are the September 2015 financial reports. Based on the financial reports received to date from VDOT, the HRTPO staff has analyzed the data and prepared the attached reports and summaries:
Revenues Total Gross Revenues (as of September 30, 2015): $351,767,628
• State Sales and Use Tax : $264,046,539 • Local Fuels Tax : $86,138,774 • Interest : $1,582,315
Expenditures Total Expenditures: $2,142,715
• I-64 Peninsula Widening – Segment 1: $1,544,502 • Total Dept. of Tax Administrative Fees: $499,518 • Total DMV Administrative Fees: $98,695
Cash Balance Ending Cash Balance: $349,624,913 Encumbered Balance Balance of Encumbered: $350,711,990
• Allocation: $352,256,492 • Less Construction Expenditures: $1,544,502
Attachment 21-A
Prep
ared
by
Ham
pton
Roa
ds T
rans
port
atio
n Pl
anni
ng O
rgan
izatio
n on
11/
9/20
15
Cum
mul
ativ
e Ba
lanc
eSa
les &
Use
Tax
Fuel
Tax
Inte
rest
Tota
lCo
nstr
uctio
nDe
pt o
f Tax
Adm
in F
eeDM
V Ad
min
Fee
Tota
l7/
1/13
- 9
/30/
15
July
201
3 - S
epte
mbe
r 201
413
9,79
5,95
3$
50
,169
,306
$
36
3,85
5$
190,
329,
114
$
1,
389,
208
$
484,
461
$
98
,695
$
1,97
2,36
4$
188,
356,
750
$
Oct
ober
201
410
,082
,755
3,95
0,83
4
28
4,42
1
14,3
18,0
10
91,2
05
59
3
-
91
,798
20
2,58
2,96
2
Nov
embe
r 201
49,
933,
770
3,
590,
415
-
13
,524
,185
39
,547
11,3
77
-
50
,924
21
6,05
6,22
3
Dece
mbe
r 201
49,
964,
325
2,
947,
347
-
12
,911
,672
16
,049
7,05
5
-
23,1
04
228,
944,
791
Janu
ary
2015
11,8
49,2
00
3,
561,
879
391,
282
15
,802
,361
23
,415
-
-
23,4
15
244,
723,
737
Febr
uary
201
58,
667,
143
2,
657,
036
-
11
,324
,180
(1
4,92
2)
(3
,969
)
-
(18,
891)
25
6,06
6,80
8
Mar
ch 2
015
8,46
3,03
0
2,34
7,17
1
-
10,8
10,2
01
-
-
-
-
266,
877,
009
April
201
510
,608
,274
2,24
9,59
5
40
5,38
6
13,2
63,2
56
-
-
-
-
280,
140,
265
May
201
510
,889
,809
2,28
7,39
3
-
13,1
77,2
02
-
-
-
-
293,
317,
467
June
201
517
,587
,265
4,51
9,54
5
13
7,37
1
22,2
44,1
81
-
-
-
-
315,
561,
648
July
201
54,
412,
902
1,
513,
488
-
5,
926,
390
-
-
-
-
321,
488,
038
Augu
st 2
015
10,8
70,4
38
3,
240,
804
-
14
,111
,242
-
-
-
-
33
5,59
9,28
0
Sept
embe
r 201
510
,921
,675
3,10
3,96
0
-
14,0
25,6
35
-
-
-
-
349,
624,
913
Tota
l 12
Mon
ths
12
4,25
0,58
6$
35
,969
,468
$
1,
218,
460
$
161,
438,
514
$
15
5,29
4$
15
,057
$
-
$
170,
350
$
Gran
d To
tals
264,
046,
539
$
86,1
38,7
74$
1,58
2,31
5$
35
1,76
7,62
8$
1,54
4,50
2$
49
9,51
8$
98,6
95$
2,
142,
715
$
Les
s Bal
ance
of E
ncum
bere
d
(350
,711
,990
)$
Tota
l Net
Ava
ilabl
e(1
,087
,077
)
Gro
ss R
even
ue
Expe
nditu
res
Ham
pton
Roa
ds T
rans
port
atio
n Fu
nd (H
RTF)
Tota
l of S
ales
& U
se a
nd F
uels
Tax
esSu
mm
ary
Attachment 21-A
-
5,0
00,0
00
10,
000,
000
15,
000,
000
20,
000,
000
25,
000,
000
October 2014
November 2014
December 2014
January 2015
February 2015
March 2015
April 2015
May 2015
June 2015
July 2015
August 2015
September 2015
HRTF
Rev
enue
Sale
s & U
se T
axFu
el T
axIn
tere
stTo
tal
Attachment 21-A
Sour
ce:
VDO
T re
port
"Rev
enue
s By
Loca
lity"
Prep
ared
by
Ham
pton
Roa
ds T
rans
port
atio
n Pl
anni
ng O
rgan
izatio
n on
11/
9/20
15
Loca
lity
Tot
al F
Y201
4
& F
Y 20
15
Pre
viou
s
FY
2016
Se
ptem
ber 2
015
Tot
al Y
TD
FY20
16
Tota
lCh
esap
eake
57,5
63,0
89$
3,
515,
562
$
2,40
2,20
8$
5,91
7,77
0$
63
,480
,860
$
Fran
klin
2,86
5,97
3
141,
993
11
1,08
0
25
3,07
3
3,11
9,04
7
Ham
pton
23,5
42,8
97
1,
415,
486
982,
972
2,39
8,45
8
25
,941
,355
Isle
of W
ight
5,28
2,25
3
305,
173
19
9,88
1
50
5,05
4
5,78
7,30
7
Jam
es C
ity14
,177
,964
982,
841
68
7,79
2
1,
670,
633
15,8
48,5
97
New
port
New
s33
,547
,498
2,01
9,06
4
1,
444,
800
3,
463,
864
37,0
11,3
62
Nor
folk
43,8
22,3
84
2,
656,
493
1,92
2,99
1
4,57
9,48
4
48
,401
,868
Poqu
oson
850,
501
53,2
94
34
,900
88
,194
938,
695
Port
smou
th11
,236
,094
755,
207
48
9,24
7
1,
244,
454
12,4
80,5
48
Sout
ham
pton
1,59
7,57
2
91,8
56
66
,546
15
8,40
2
1,75
5,97
4
Suffo
lk14
,942
,594
900,
228
62
1,89
6
1,
522,
124
16,4
64,7
18
Virg
inia
Bea
ch85
,034
,171
5,75
9,30
3
4,
053,
349
9,
812,
652
94,8
46,8
23
Will
iam
sbur
g7,
022,
217
46
4,37
3
304,
097
768,
470
7,
790,
686
York
14,6
36,8
39
97
6,76
0
703,
875
1,68
0,63
5
16
,317
,473
Tota
l31
6,12
2,04
6$
20,0
37,6
32$
14,0
25,6
35$
34
,063
,267
$
35
0,18
5,31
3$
Inte
rest
1,58
2,31
5
-
-
-
1,58
2,31
5
Tota
l Rev
enue
s31
7,70
4,36
1$
20,0
37,6
32$
14,0
25,6
35$
34
,063
,267
$
35
1,76
7,62
8$
Cons
truc
tion
(1,5
44,5
02)
-
-
-
(1,5
44,5
02)
Dept
of T
ax A
dmin
Fee
s(4
99,5
18)
-
-
-
(4
99,5
18)
DMV
Adm
in F
ees
(98,
695)
-
-
-
(98,
695)
Cash
Bal
ance
315,
561,
646
$
20
,037
,632
$
14
,025
,635
$
34,0
63,2
67$
349,
624,
913
$
Les
s Bal
ance
of E
ncum
bere
d
(350
,711
,990
)
Net
Ava
ilabl
e Ca
sh(1
,087
,077
)$
Fore
cast
331,
869,
992
21
,387
,131
15,0
21,6
06
36
,408
,737
368,
278,
729
To
tal R
even
ue -
Fore
cast
(und
er)/
over
(14,
165,
631)
(1,3
49,4
99)
(995
,971
)
(2,3
45,4
70)
(16,
511,
101)
Tabl
e 1
- Tot
al H
RTF
Reve
nues
Tota
l of S
ales
& U
se a
nd F
uels
Taxe
sFi
scal
Yea
r 201
6
Ham
pton
Roa
ds T
rans
port
atio
n Fu
nd (H
RTF)
Attachment 21-A
Sour
ce:
VDO
T re
port
"Rev
enue
s By
Loca
lity"
Prep
ared
by
Ham
pton
Roa
ds T
rans
port
atio
n Pl
anni
ng O
rgan
izatio
n on
11/
9/20
15
Loca
lity
Tota
l FY2
014
&
FY
2015
Pre
viou
s
FY
2016
Se
ptem
ber 2
015
Tota
l YTD
FY
2016
Tota
l
Ches
apea
ke42
,602
,215
$
2,
610,
301
$
1,81
7,13
0$
4,42
7,43
1$
47
,029
,646
$
Fran
klin
1,85
5,10
5
10
2,02
3
77,8
35
179,
858
2,
034,
963
Ham
pton
17,5
39,7
54
1,04
4,90
7
74
6,83
5
1,
791,
742
19,3
31,4
96
Is
le o
f Wig
ht2,
663,
976
171,
197
11
2,61
1
28
3,80
8
2,94
7,78
4
Jam
es C
ity12
,098
,166
82
3,73
2
595,
650
1,41
9,38
2
13
,517
,548
New
port
New
s25
,985
,257
1,
513,
423
1,13
4,89
0
2,64
8,31
3
28
,633
,570
Nor
folk
35,1
21,6
31
2,09
6,97
2
1,
567,
673
3,
664,
645
38,7
86,2
76
Poqu
oson
558,
003
36
,170
24,2
72
60,4
42
61
8,44
5
Port
smou
th7,
793,
823
523,
102
34
3,17
7
86
6,27
9
8,66
0,10
2
Sout
ham
pton
617,
250
38
,491
26,2
58
64,7
49
68
1,99
9
Suffo
lk9,
516,
894
613,
401
42
1,18
6
1,
034,
587
10,5
51,4
81
Virg
inia
Bea
ch65
,279
,448
4,
587,
425
3,26
3,92
8
7,85
1,35
3
73
,130
,801
Will
iam
sbur
g5,
391,
622
365,
636
24
7,80
7
61
3,44
3
6,00
5,06
5
York
10,8
18,3
81
756,
559
54
2,42
3
1,
298,
982
12,1
17,3
63
Tota
l23
7,84
1,52
5$
15,2
83,3
40$
10,9
21,6
75$
26
,205
,015
$
26
4,04
6,53
9$
Upd
ated
For
ecas
t23
6,87
1,04
0
16,6
56,2
25
10,6
49,9
47
27
,306
,172
26
4,17
7,21
2
Diff(
unde
r)/o
ver
970,
485
(1
,372
,885
)
27
1,72
8
(1
,101
,157
)
(1
30,6
73)
Tabl
e 1A
- St
ate
Sale
s & U
se T
axHa
mpt
on R
oads
Tra
nspo
rtat
ion
Fund
(HRT
F)St
ate
Sale
s & U
se T
axFi
scal
Yea
r 201
6
Attachment 21-A
Sour
ce:
VDO
T re
port
"Rev
enue
s By
Loca
lity"
Prep
ared
by
Ham
pton
Roa
ds T
rans
port
atio
n Pl
anni
ng O
rgan
izatio
n on
11/
9/20
15
Loca
lity
Tota
l FY2
014
&
FY
2015
Pre
viou
s
FY
2016
Se
ptem
ber 2
015
Tota
l YTD
FY
2016
Tota
l
Ches
apea
ke14
,960
,876
$
905,
261
$
58
5,07
8$
1,
490,
339
$
16,4
51,2
15$
Fran
klin
1,01
0,86
8
39,9
69
33
,245
73
,214
1,08
4,08
2
Ham
pton
6,00
3,14
5
370,
579
23
6,13
7
60
6,71
6
6,60
9,86
1
Isle
of W
ight
2,61
8,27
5
133,
976
87
,270
22
1,24
6
2,83
9,52
1
Jam
es C
ity2,
079,
798
15
9,10
9
92,1
42
251,
251
2,
331,
049
New
port
New
s7,
562,
240
50
5,64
1
309,
910
815,
551
8,
377,
791
Nor
folk
8,70
0,75
4
559,
522
35
5,31
8
91
4,84
0
9,61
5,59
4
Poqu
oson
292,
497
17,1
24
10
,629
27
,753
320,
250
Port
smou
th3,
442,
272
23
2,10
5
146,
070
378,
175
3,
820,
447
Sout
ham
pton
980,
321
53,3
65
40
,288
93
,653
1,07
3,97
4
Suffo
lk5,
425,
699
28
6,82
7
200,
710
487,
537
5,
913,
236
Virg
inia
Bea
ch19
,754
,723
1,17
1,87
7
78
9,42
1
1,
961,
298
21,7
16,0
21
Will
iam
sbur
g1,
630,
595
98
,736
56,2
90
155,
026
1,
785,
621
York
3,81
8,45
8
220,
201
16
1,45
2
38
1,65
3
4,20
0,11
1
Tota
l78
,280
,521
4,
754,
292
$
3,10
3,96
0$
7,85
8,25
2$
86
,138
,773
$
Upd
ated
For
ecas
t94
,200
,002
4,
730,
906
4,37
1,65
9
9,10
2,56
5
10
3,30
2,56
7
Diff(
unde
r)/o
ver
(15,
919,
481)
23,3
86
(1
,267
,699
)
(1,2
44,3
13)
(17,
163,
794)
Tabl
e 1B
- Lo
cal F
uels
Tax
Ham
pton
Roa
ds T
rans
port
atio
n Fu
nd (H
RTF)
Loca
l Fue
ls T
axFi
scal
Yea
r 201
6
Attachment 21-A
Sour
ce:
VDO
T re
port
"Reg
iona
l Por
tion
of S
ales
Tax
"Pr
epar
ed b
y Ha
mpt
on R
oads
Tra
nspo
rtat
ion
Plan
ning
Org
aniza
tion
on 1
1/9/
2015
Loca
lity
Tota
l FY2
014
&
FY
2015
Pre
viou
s
FY
2016
Se
ptem
ber 2
015
Tota
l YTD
FY
2016
Tota
l
Ches
apea
ke88
,870
$
-$
-
$
88,8
70$
Fran
klin
3,81
7
-
-
3,81
7
Ham
pton
36,7
11
-
-
36
,711
Isle
of W
ight
5,72
9
-
-
5,72
9
Jam
es C
ity27
,205
-
-
27,2
05
New
port
New
s54
,648
-
-
54,6
48
Nor
folk
74,0
54
-
-
74
,054
Poqu
oson
1,12
0
-
-
1,12
0
Port
smou
th15
,747
-
-
15,7
47
Sout
ham
pton
1,36
6
-
-
1,36
6
Suffo
lk19
,302
-
-
19,3
02
Virg
inia
Bea
ch13
6,88
4
-
-
136,
884
Will
iam
sbur
g11
,448
-
-
11,4
48
York
22,6
17
-
-
22
,617
Tota
l49
9,51
8$
-
$
-$
-$
49
9,51
8$
% o
f Sal
es &
Use
Tax
Rev
enue
0.21
%0.
00%
0.00
%0.
00%
0.19
%
Tabl
e 2A
- De
pt o
f Tax
Adm
inis
trat
ive
Fee
Ham
pton
Roa
ds T
rans
port
atio
n Fu
nd (H
RTF)
Adm
inis
trat
ive
Fee
Fisc
al Y
ear 2
016
Attachment 21-A
Sour
ce:
VDO
T re
port
"Reg
iona
l Por
tion
of S
ales
Tax
"Pr
epar
ed b
y Ha
mpt
on R
oads
Tra
nspo
rtat
ion
Plan
ning
Org
aniza
tion
on 1
1/9/
2015
Loca
lity
Tota
l FY2
014
&
FY
2015
Pre
viou
s
FY
2016
Se
ptem
ber 2
015
Tota
l YTD
FY
2016
Tota
l
Ches
apea
ke18
,260
-
$
-$
-$
18
,260
$
Fran
klin
1,25
5
-
-
-
1,
255
Ham
pton
7,78
1
-
-
-
7,
781
Isle
of W
ight
3,30
5
-
-
-
3,
305
Jam
es C
ity2,
869
-
-
-
2,86
9
New
port
New
s9,
844
-
-
-
9,84
4
Nor
folk
10,8
66
-
-
-
10,8
66
Poqu
oson
275
-
-
-
27
5
Port
smou
th4,
957
-
-
-
4,95
7
Sout
ham
pton
1,21
2
-
-
-
1,
212
Suffo
lk7,
249
-
-
-
7,24
9
Virg
inia
Bea
ch24
,312
-
-
-
24
,312
Will
iam
sbur
g1,
616
-
-
-
1,61
6
York
4,89
5
-
-
-
4,
895
Tota
l98
,695
-$
-
$
-
$
98,6
95$
% o
f Fue
l Tax
Rev
enue
s0.
13%
0.00
%0.
00%
0.00
%0.
11%
Tabl
e 2B
- DM
V Ad
min
istr
ativ
e Fe
eHa
mpt
on R
oads
Tra
nspo
rtat
ion
Fund
(HRT
F)Ad
min
istr
ativ
e Fe
eFi
scal
Yea
r 201
6
Attachment 21-A
Prep
ared
by
Ham
pton
Roa
ds T
rans
port
atio
n Pl
anni
ng O
rgan
izatio
n on
11/
9/20
15
Proj
ect
Tota
l FY2
014
&
FY
2015
Pre
viou
s
FY
2016
Se
ptem
ber 2
015
Tota
l YTD
FY
2016
Tota
l
I-64
Peni
nsul
a W
iden
ing
-
UPC
104
905
(Seg
men
t 1) -
Cons
truc
tion
44,0
00,0
00$
-$
-
$
44,0
00,0
00$
-
UPC
106
665
(Seg
men
t 2) -
PE
& C
onst
ruct
ion
6,00
0,00
0
207,
592,
853
20
7,59
2,85
3
213,
592,
853
I-64/
264
Inte
rcha
nge
Impr
ovem
ent
-
UPC
176
30 -
PE/R
OW
54,5
92,5
76
-
-
54,5
92,5
76
-
UPC
570
48 -
PE/R
OW
15,0
71,0
63
-
-
15,0
71,0
63
Third
Cro
ssin
g - U
PC 1
0672
4 - S
EIS
5,00
0,00
0
-
-
5,00
0,00
0
I-64
Sout
hsid
e/Hi
gh-R
ise B
ridge
- U
PC 1
0669
2 - P
E20
,000
,000
-
-
20
,000
,000
Tota
l14
4,66
3,63
9$
20
7,59
2,85
3$
-$
207,
592,
853
$
35
2,25
6,49
2$
Tabl
e 3
- Allo
catio
nsHa
mpt
on R
oads
Tra
nspo
rtat
ion
Fund
(HRT
F)Al
loca
tions
Fisc
al Y
ear 2
016
Attachment 21-A
Sour
ce:
VDO
T re
port
"All
Proj
ect C
osts
"Pr
epar
ed b
y Ha
mpt
on R
oads
Tra
nspo
rtat
ion
Plan
ning
Org
aniza
tion
on 1
1/9/
2015
Proj
ect
Tota
l FY2
014
&
FY
2015
Pre
viou
s
FY
2016
Se
ptem
ber 2
015
Tota
l YTD
FY
2016
Tota
l
I-64
Peni
nsul
a W
iden
ing
-
UPC
104
905
(Seg
men
t 1) -
Cons
truc
tion
1,54
4,50
2$
-
$
-
1,
544,
502
$
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Tota
l1,
544,
502
$
-$
-
$
-$
1,
544,
502
$
Tabl
e 4
- Exp
endi
ture
sHa
mpt
on R
oads
Tra
nspo
rtat
ion
Fund
(HRT
F)Ex
pend
iture
sFi
scal
Yea
r 201
6
Attachment 21-A
HRTPO Board Meeting │ November 19, 2015 │ Agenda
B. NATIONAL HIGHWAY SYSTEM MODIFICATIONS - VIRGINIA
The attached letter from the Federal Highway Administration (FHWA) approving the National Highway System (NHS) modifications requested subsequent to the Virginia Department of Transportation’s (VDOT) statewide highway functional reclassification process includes 557 and deletes 224 miles from the State’s (Conditionally Approved) NHS.
Attachment 21-B
Attachment 21-B
HRTPO Board Meeting │ November 19, 2015 │ Agenda
C. U.S. DOT TIGER GRANT AWARDS
The U.S. Department of Transportation (USDOT) has awarded $500 million in Transportation Investment Generating Economic Recovery (TIGER) grants to 39 transportation projects across the country. TIGER grants “recognize projects nationwide that will advance key transportation goals such as safety, innovation and opportunity.” USDOT received 627 applications from all 50 states and several territories for the seventh round of funding. These applications were valued at $10.1 billion or 20 times the allocated amount. The Commonwealth of Virginia did not receive any funding as a result of the seventh round of awards. The full listing of awards is attached.
Attachment 21-C
201 5 AWARDS
Rural Award
Urban Award
! (
" )
Attachment 21-C
2015 TIGER Awards
Project Name (click to link) State TIGER Grant
Award
Urban/
Rural
Connecting our Neighborhoods to
Opportunities Alabama $20,000,000 Urban
Native Village of Point Hope Transportation
Infrastructure and Transit Improvement
Project Alaska $2,899,992 Rural
Grand Canal Bike and Pedestrian
Improvements Arizona $10,330,000 Urban
SR 347 Grade Separation Project Arizona $15,000,000 Rural
Port of Hueneme Intermodal Improvement
Project California $12,300,000 Urban
Rail to Rail Active Transportation Corridor
Connector Project California $15,000,000 Urban
Tenth Avenue Marine Terminal
Modernization Project California $10,000,000 Urban
Southwest Chief Route Advancement and
Improvement Project Colorado $15,210,143 Rural
Barnum Station Project Connecticut $10,000,000 Urban
Līhu‘e Town Core Mobility and Revitalization Hawaii $13,815,100 Rural
Milwaukee District – West Line Fox River
Bridge Improvement Project Illinois $14,000,000 Urban
Port of Indiana - Jeffersonville Truck-to-Rail
and Rail-to-Water Improvements Indiana $10,000,000 Urban
Regional Truck Parking Information and
Management System Kansas $25,000,000 Rural
Transforming Dixie Highway Project Kentucky $16,910,000 Urban
New Orleans Canal Street Ferry Terminal Louisiana $10,038,678 Urban Attachment 21-C
2015 TIGER Awards (Continued)
Project Name (click to link) State TIGER Grant Urban/
Rural
Maine Regional Railways Project Maine $20,000,000 Rural
Southeast Baltimore Port Industry Freight
Corridor Plan Maryland $10,000,000 Urban
Lowell Canal Bridges Massachusetts $13,389,750 Urban
Willmar Rail Connector and Industrial
Access Minnesota $10,000,000 Rural
Greening the Gateways Mississippi $16,500,000 Urban
U.S. Route 54 Mississippi River Bridge Missouri $10,000,000 Rural
Glacier Rail Park/Kalispell Core Area
Development and Trail Project Montana $10,000,000 Rural
NEC Portal Bridge Replacement
Acceleration Project New Jersey $16,000,000 Urban
Pueblo of Laguna Bike and Pedestrian
Priority Route Construction New Mexico $1,000,000 Rural
Bronx River Greenway: Bridge the Critical
South Bronx Gap New York $10,000,000 Urban
Hudson Links I-287 BRT/ITS Project New York $10,000,000 Urban
Main Street Multi-Modal Access and
Revitalization New York $18,000,000 Urban
Charlotte Gateway Station Track and Safety
Improvements North Carolina $25,000,000 Urban
U.S. 301: Road to Opportunity North Carolina $10,000,000 Rural
Transit Tech Ohio Ohio $6,839,860 Rural
Port of Newport International Terminal
Shipping Facility Oregon $2,000,000 Rural
Closing the Gaps Pennsylvania $10,265,000 Urban Attachment 21-C
2015 TIGER Awards (Continued)
Project Name (click to link) State TIGER Grant Urban/
Rural
Hopkinton Travel Plaza and Transit Hub Rhode Island $9,000,000 Rural
South Dakota Freight Capacity Expansion
Project South Dakota $6,000,000 Rural
Texas Rural Transit Asset Replacement
Project Texas $20,802,400 Rural
Western Vermont Freight-Passenger Rail
Project Vermont $10,000,000 Rural
Mukilteo Multimodal Ferry Terminal Washington $10,000,000 Urban
Tacoma LINK Expansion Washington $15,000,000 Urban
Milwaukee Streetcar - Lakefront Line Wisconsin $14,200,000 Urban
Attachment 21-C
HRTPO Board Meeting │ November 19, 2015 │ Agenda
D. 2040 LRTP REVISED FORECASTED REVENUES AND SCHEDULE
On October 30, 2015, HRTPO staff received revised revenue forecasts for the 2040 Long-Range Transportation Plan (LRTP). The revised revenue forecast reflects House Bill 1887 funding distributions for State of Good Repair, High-Priority Projects Program, and the District Grant Program. Over the next few months, HRTPO staff will work closely with the LRTP Subcommittee and the Transportation Technical Advisory Committee (TTAC) to develop a new 2040 LRTP Draft Fiscally-Constrained List of Projects, reflecting the new funding assumptions contained in the revised forecast. The Transportation Technical Advisory Committee was provided with a brief presentation (attached) detailing the revised revenue forecasts at the November 2015 meeting. Attachment 21-D
Revised Revenue Forecast
Presented to the Transportation Technical Advisory Committee November 4, 2015 Dale M. Stith, AICP, GISP Principal Transportation Planner Hampton Roads Transportation Planning Organization
Attachment 21-D
2
• Original 2040 LRTP Revenue Forecast received December 2013
• HRTPO staff informed by VDOT that the 2040 LRTP Revenue Forecast was being revised
July 2015
• Revised 2040 LRTP Revenue Forecast received • House Bill 1887 Funding Distributions • State of Good Repair • High-Priority Projects Program • District Grant Program
October 30, 2015
Attachment 21-D
ORIGINAL Forecast: $24.8 Billion
(Received December 2013)
FY 2014 – 2040
Maintenance – VDOT and Localities $12 Billion
Hampton Roads Transportation Fund $8.4 Billion
Construction $4.4 Billion
Source: VDOT 3
48% 34%
18%
Attachment 21-D
ORIGINAL Forecast: $24.8 Billion
(Received December 2013)
FY 2014 - 2040 FY 2016 - 2040
Maintenance – VDOT and Localities $12 Billion $12 Billion
Hampton Roads Transportation Fund $8.4 Billion $8 Billion
Construction $4.4 Billion $4.2 Billion
Source: VDOT 4
Attachment 21-D
ORIGINAL Forecast: $24.8 Billion
(Received December 2013)
FY 2014 - 2040 FY 2016 - 2040
Maintenance – VDOT and Localities $12 Billion $12 Billion
Hampton Roads Transportation Fund $8.4 Billion $8 Billion
Construction $4.4 Billion $4.2 Billion
Source: VDOT 5
REVISED Forecast: $21 Billion
(Received October 30, 2015)
FY 2016 - 2040 Difference
$12 Billion* NONE
$6 Billion - $2 Billion
$3 Billion - $1.2 Billion
*Includes State of Good Repair Funds
Attachment 21-D
• LRTP Subcommittee Meeting – THURSDAY, NOVEMBER 12th at 9:30am •Revise working Draft Fiscally-Constrained List of Projects November
•Continue working on Draft Fiscally-Constrained List of Projects •Anticipate HRTAC Financing Plan for Regional Priority Projects December
•Present Draft Fiscally-Constrained List of Projects to TTAC •Present Draft Fiscally-Constrained List of Projects to HRTPO Board January
•Advisory Committee Review of Draft Fiscally-Constrained List of Projects •Public Review of Draft Fiscally-Constrained List of Projects
January - March
•HRTPO Board Final Approval of Fiscally-Constrained List of Projects March
•Board Approved and Adopted 2040 LRTP Spring 2016
6
Attachment 21-D
Recommended