SFY 2013-14 Proposed Budget

Presented April 16, 2013Robert J. St. Onge, Jr. SCDOT Secretary of Transportation

Christy A. Hall, P.E., CPM SCDOT Deputy Secretary for Finance

2

Budget prepared based on cash flow model forecasts, visibility provided by SCEIS and trend analysis. BEA assisted with State Motor Fuel Revenue forecasts.

State Motor Fuel Revenues comprise approximately 27% of the total revenues SCDOT programs annually.

2/3 of forecasted expenditures are on the Federal-aid program.

$130 M higher than SFY 2012-13 budget submittal.

SFY 2013 –14 Budget

3

Includes $52.5 M in Budget Authority for use for the Port Access Road based on originally forecasted project activity level on the Design-Build Project. Funding is via 2007/8 contingency reserve fund appropriations to State Ports Authority in the amount of $167.5 M. Funds are drawn as needed by SCDOT from SPA. $10.08 M has been drawn to date by SCDOT for use on preliminary engineering and right of way acquisition activities.

Reflecting nearly $60 M in existing debt as an expenditure and requesting budget authority to process it within SCEIS.

$9.5 M in Cost of Living & Employer Contributions Increases awarded to State employees in SFY 2012-13. These costs increase the demands on the State Highway Trust Fund dollars.

Major Changes over SFY 2012-13

4

State Motor Fuel $460.7M

Federal Reimbursements & Grants

$900.2M

Includes $52.5M for Port Access Road

MiscState Funds

$133.7M

SFY 2013 –14 Estimated Revenues$1.5 B Agency Base

Averagereimbursement

rate is 83%

5

State Motor Fuel $460.7M

Federal Reimbursements & Grants

$900.2M

Includes $52.5M for Port Access Road

MiscState Funds

$133.7M

SFY 2013 –14 Estimated Revenues$1.5 B Agency Base

Averagereimbursement

rate is 83%

6

State Motor Fuel $460.7M

Federal Reimbursements & Grants

$900.2M

Planned Utilization of Available State Funds

Match Requirement on Federal-aid Program

Required Distributions

SIB 1 cent equivalent

CTC Donor Bonus

Cross Island Parkway Debt & Ops

State Funded Projects

Fixed Costs

Operations

Includes $52.5M for Port Access Road

MiscState Funds

$133.7M

SFY 2013 –14 Estimated Revenues$1.5 B Agency Base

Averagereimbursement

rate is 83%

7

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

8

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

9

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

10

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

11

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

12

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

13

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

14

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

15

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

16

Gen Admin & Capital Improvement Projects

State

Funded

Mainte-nanc

e Pro-gram

Fed-eral Aid Sys-tem Preserva-tion

Federal Aid

Sytem Upgrade & Other Program

Ex-penses

Port Access Road

Debt Service & SIB Pay-

ments

Inter-modal

& Freight $30.6M

Tolls Opera-

tions $3.9M

Engr Admin & Project Management

$476.4M

$281M$52.5M

$461.8M

SFY 2013 –14 Proposed Expenditures$1.5 B Agency Base

$115.2M

$60.7M $54.2M

48%Maintenance

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Requesting Codification of 5 Existing Provisos:Expenditure Authority Limitation

Special Fund Authorization

Document Fees

Meals in Emergency Operations

Rest Area Water Rates

SFY 2013 –14 Provisos

Type of Facility on the State System CenterlineMileage

Lane Miles

% of State System based on Lane

MilesInterstate 851 3,796 4.2%

Primary 9,475 23,765 26.3%

Federal-Aid eligible Secondary 10,265 21,058 23.3%

Non Federal-Aid eligible Secondary 20,853 41,819 46.2%

TOTAL under SCDOT’s stewardship 41,444 90,438

11%

36%

53%

Why State Dollars are Critical….

8

69%23%

8% 13%

40%

47%

Good Fair Poor

Interstate Pavement Condition Primary Pavement Condition Secondary Pavement Condition

Nearly half of the State System is

solely dependent

on State Funding!

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No change over previous year’s budget.

Forecasted Revenues of $97.5 M

$69 M from 2.66 cents from motor fuel user fee

$9.5 M from CTC Donor Bonus transfer from SCDOT

$4.5 M in Interest

Remainder forecasted to account for partnered activities

Forecasted Expenditures of $92 M.

SFY 2013 –14 CTC Budget

SFY 2013-14 Proposed Budget