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2008 Prop K Strategic Plan & 5-Year Prioritization Programs. Presentation to the Citizens Advisory Committee October 24, 2007. WHAT IS PROPOSITION K?. Prop K was approved by 75% of San Francisco voters in November 2003 It includes: - PowerPoint PPT Presentation
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October 2007
2008 Prop K Strategic Plan & 5-Year Prioritization Programs
Presentation to the Citizens Advisory Committee
October 24, 2007
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WHAT IS PROPOSITION K?Prop K was approved by 75% of San Francisco
voters in November 2003
It includes: Extension of the prior ½ cent sales tax (Prop B) to fund transportation
improvements Approval of a new Expenditure Plan
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WHAT IS THE EXPENDITURE PLAN?
The Prop K Expenditure Plan:
Determines eligibility for Prop K funds through a list of specific projects (e.g. Central Subway) and programs (e.g. traffic calming)
Sets caps for the maximum amount of Prop K funds that will be available to specific categories, sub-categories, project and programs over the 30-year Expenditure Plan period
Assumes leveraging of sales tax funds to fully fund Expenditure Plan projects and programs$2.82 billion in Prop K ~$9.6 billion in other funds (2003 $’s)
Establishes other requirements such as 5-Year Prioritization Programs (5YPPs)
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EXPENDITURE PLAN CATEGORIES
Transit 65.5%
Paratransit 8.6%
Streets and Traffic Safety 24.6%
Transportation System Management / Strategic Initiatives
1.3%
Total 100%
Percent of Prop K Funding
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EXPENDITURE PLAN CAPS
Subcategory Cap (millions of 2003 $’s)
Major Capital Projects 117.5
Systems Operations, Efficiency & Safety 60.6
System Maintenance & Renovation 281.6
Bicycle & Pedestrian Improvements 255.0
Total 100%
Category: Streets and Traffic Safety
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WHAT IS THE STRATEGIC PLAN?The Prop K Strategic Plan is the primary implementation document
for the Expenditure Plan.
The Strategic Plan: Establishes policies Forecasts sales tax revenue Budgets program expenses Programs funds by fiscal year to projects and programs Assumes reimbursement rates for past and future allocations Includes financing proceeds and expenses
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5-YEAR PRIORITIZATION PROGRAMS (5YPPs)
5YPPs are a condition of allocation for all programmatic (i.e., non-project specific) Expenditure Plan categories, such as:
Bus Rapid Transit/Muni Metro Network
BART Station Access, Safety and Capacity
New Signs and Signals
Pedestrian and Bicycle Circulation/Safety
Transportation/Land Use Coordination
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DESIRED OUTCOME OF THE 5YPPSA strong pipeline of grant-ready projects that can be advanced as soon as funds (Prop K and other funds) are available.
Why is this important? The Expenditure Plan assumes leveraging of sales tax funds to fully fund its
projects and program ($2.82 billion in Prop K ~$9.6 billion in other funds (2003 $’s))
To support faster delivery of projects and programs so the public can enjoy the benefits sooner
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5YPPs PURPOSEEstablish a clear set of criteria for prioritizing projects
Improve agency coordination, particularly during the early stages of the planning process
Encourage and enable public input early and throughout the planning process
Establish performance measures that are intended to inform future project prioritization and development
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5YPP Required Elements
Among other requirements, 5YPPs must address:
Project Readiness
Compatibility with existing and planned land uses
A prioritization mechanism to rank projects
Full funding plans for projects and programs (Prop K and other $)
Performance measures
For the 2008 update, the 5YPPs will also include:Project delivery accomplishments to dateProject delivery trends, issues and opportunities
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REGIONAL TRANSPORTATION PLAN (RTP)
The RTP is the master plan that guides the nine-county Bay Area’s transportation investments for a 25-year period.
The Metropolitan Transportation Commission’s (MTC’s) adopts the RTP every 4 years.
Update of the 2009 RTP, also known as Transportation 2035, is now underway.
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PROP K RELATIONSHIP TO THE RTP Implementation of the Expenditure Plan relies on extensive leveraging of other
funds - consistency with the RTP is a condition of eligibility for most federal and state fund sources
The RTP provides a basis for regional advocacy for new revenue sources
The Countywide Transportation Plan, Strategic Plan and 5YPPs are key inputs into the RTP
Regional Transportation Plan
Expenditure Plan & Strategic Plan
Countywide Transportation Plan
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SCHEDULE HIGHLIGHTS
December 5, 2007 Strategic Plan Policies – ACTION
January 23, 2008 Draft Strategic Plan – INFO
Late January 2008 Public Workshop (not a CAC meeting)
February 27, 2008 Public Workshop (before CAC meeting)
Draft 5YPPs – INFO
March 26, 2008 Final Draft Strategic Plan – ACTION
April 23, 2008 Final Draft 5YPPs - ACTION
Milestones correspond to Citizen Advisory Committee (CAC) meetings, except where noted.
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PUBLIC INPUT OPPORTUNITIESAuthority Board and committee meetings
Public WorkshopsLate January 2008February 27, 2008 – immediately preceding the CAC meeting
Contact Authority Staff
Contact Project Sponsor Staff
Other Authority outreach (website, direct mailing)
Other Project Sponsor outreach, if appropriate
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FOR MORE INFORMATIONWebsite: www.sfcta.org; click on Funding Opportunities, then Prop K
Authority Policy & Programming Staff:
Maria Lombardo, Deputy Director
Amber Crabbe, Senior Transportation Planner
Melissa Pelkey, Senior Transportation Planner
Email: [email protected] (e.g. [email protected])
Phone: 415.522.4800
