State of SCDOTFeb 2019

Year 2 of the Phased-in 12¢ Gas Tax Increase

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Infrastructure Maintenance Trust Fund (IMTF)

New Roads Bill Revenues

“Old Money” Swept In

CTC’s Share of the Increase

$506M Deposited since July 1, 2017

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How is the Trust Fund being utilized?

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Infrastructure Maintenance Trust Fund (IMTF)

Rural Road Safety, Pavements, Bridges, Interstate Widening

Tax Credit Transfer to DOR

CTC’s Share

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$914 Million Committedto Road and Bridge Projects

$764M in Rural Road Safety, Paving, Bridges and

Interstate Work under Construction

$150M in Rural Road Safety and Bridges

in Development

Infrastructure Maintenance Trust Fund (IMTF)

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Contractors are Paid as the Work is Completed

$98 Million Paid Out since July 1, 2017

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The 10-Year Plan banks on the Infrastructure Maintenance Trust Fund,

Federal Funds and other state funds dedicated to SCDOT

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Pavements

FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027

The 10-Year Plan Investment Areas

Federal & State Funds Combined

$702 M

$160 M

$348 M

$110 M$100 M

$291 M

$138 M

$25M

MPO/COG

SafetyRural Interstate

Bridges

Interstate Upgrades

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10-Year Plan Priorities

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Projects Under Construction: Year 1

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A Historic Level of Roadwork is Underway

20182008

$3B

2014

$1B Construction Contracts

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20182008

$1.3B paid out

2014$400M paid out

Our industry partners have responded

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Interstates

Recently Approved Rural Interstate

Widening Priorities

≈$1 Billion is under Construction

Another ≈ $2 Billion expected to go to

contract in the next 12-18 months

> $3 Billion in Development

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Impact of SC Legislature

dedicating new road funding

≈$1 Billion Annually

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www.scdot.org

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Renewal of the Federal Program

How do we deal with the growth and congestion needs of the

state?

Looking Ahead

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LET ‘EM WORK,LET ‘EM LIVE