2015 UNIFIED TRANSPORTATION PROGRAM (UTP) AND PROPOSITION 1 UPDATE - - PowerPoint PPT Presentation

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2015 UNIFIED TRANSPORTATION PROGRAM (UTP) AND PROPOSITION 1 UPDATE

Texas Transportation Commission

July 31, 2014

2015 Unified Transportation Program (UTP) July 31, 2014 Transportation Planning and Programming Division distributes category allocations to districts/local partners. Districts/local partners program known projects for all UTP years by category. Review and comment period Adjustments Texas Transportation Commission approves UTP

UTP update cycle: spring through summer 2014

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2014 UTP 2015 UTP

Finance Division Provides Cash Flow Forecast

2015 Unified Transportation Program (UTP) July 31, 2014

UTP development and public involvement process

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Online (WebEx) public meeting Approximate Time Line (weeks) Public hearing

Initial Draft Exhibit

Introduce Commission briefing to highlight key changes proposed for consideration.

Commission action to approve UTP

Public Involvement and Comment Period (30-day minimum)

1 2 3 4 5 6 7 8 Commission briefing on key UTP revisions

Admin. Revisions and Program Category Changes

Public notice

Final UTP

MPOs TxDOT Districts Others

Category Allocations and Category 3 and 12 Changes

Final Draft Exhibit

Supplemental program authorization

Project Funding Requests to Address Local Needs and Priorities

2015 Unified Transportation Program (UTP) July 31, 2014

DRAFT 2015 UTP: Current Funding Category Balances

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FY 2015-2024 UTP $33.989 B

1 – Preventative Maintenance and Rehabilitation 35% 6 - Structures 9% 8 - Safety 5% 2 - Metro and Urban Area Corridor Projects 4% 4 - Statewide Connectivity Corridor Projects 0% 5 - Congestion Mitigation and Air Quality Improvement 5% 7 - Metropolitan Mobility/Rehabilitation 8% 12 - Strategic Priority 8% 3 - Non-traditionally Funded Transportation Projects 20% 9 - Transportation Enhancements 2% 10 - Supplemental Transportation Projects 2% 11 - District Discretionary 2%

25% 49% Mobility Preserv. 26% Various

FY 2 201 015 – 202 2024 UTP F P Fund unding L g Level: $34.0 B Billi lion

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2015 Unified Transportation Program (UTP) July 31, 2014

Funding adjustments and MAP-21 status update

• Based on updated financial forecast from February of 2014

– Does not assume increased obligation authority for MAP-21 extension or additional state funds for proposition 1. – Includes additional state funds to utilize savings from prop 14 debt service updates. – Includes additional TMF bond proceeds based on updated revenue estimates. – Includes additional year of program funding (2024).

• Awaiting final action on federal highway funding bill extension

– House: $11 billion extension to May of 2015. – Senate: $8 billion extension to December 19, 2014. – House and Senate must reconcile difference by COB today (July 31st) or August recess may push trust fund into insolvency.

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2015 Unified Transportation Program (UTP) July 31, 2014

Key changes proposed for consideration

• Fund allocations for priorities announced in June

– Additional safety/maintenance and energy sector projects – Multimodal projects – Strategic corridors

• Up to $400K of federal STP funding for abandoned railroad right of way

preservation with NETRMA. – 6 month funding window for Union Pacific and NETRMA to negotiate – NETRMA would provide local funding match – Commission will review and approve funding agreement

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2015 Unified Transportation Program (UTP) July 31, 2014

Next steps in 2015 UTP process

• Public comment period thru August 19 @ 4:00 p.m.

– Submit online comments and get information at:

• Http://www.Txdot.Gov/inside-txdot/division/transportation-

planning/utp.Html (or web search: ‘TxDOT UTP’) – Call: (800) 687-8108

• Public hearing: August 12 @ 10:00 a.m.
• 118 E. Riverside Dr., Bldg. 118
• Austin, TX 78704
• Commission consideration for final adoption: August 28

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2015 Unified Transportation Program (UTP) July 31, 2014

Transportation funding ballot proposition (proposition 1)

• Texas voters will vote on a proposed amendment on November 4, 2014. The ballot

proposition will read: The constitutional amendment providing for the use and dedication of certain money transferred to the state highway fund to assist in the completion of transportation construction, maintenance, and rehabilitation projects, not to include toll roads.

• If Proposition 1 is passed, the funds when appropriated “must be used and allocated

throughout the state by the Texas Department of Transportation consistent with existing formulas adopted by the Texas Transportation Commission.” Source: HB1, Third Called Session, 83rd Legislature

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2015 Unified Transportation Program (UTP) July 31, 2014

Transportation funding ballot proposition (Proposition 1)

Basic tenets of conceptual distribution approach:

• Funds should be used to address state’s four goals:

– Maintain a safe system – Address congestion – Connect Texas communities – Best in class state agency

• Funds should be distributed in proportion to the state’s $5 billion in additional annual

funding needs: – $3 billion for Congestion/Connectivity (60%) – $1 billion for Maintenance (20%) – $1 billion for Energy Impacts (20%)

• Target initial projects that can proceed in FY 2015

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2015 Unified Transportation Program (UTP) July 31, 2014

Transportation funding ballot proposition (Proposition 1)

On-going efforts to develop distribution approach:

• Evaluate existing formulas for potential distributions

– Category 2 and Category 11 (regionally aggregated for corridor projects) as potential formula for Congestion & Connectivity – Category 1 as potential formula for Maintenance – HB 1025 as potential formula for Energy Impacts

• Gather input from stakeholders and refine approach as needed
• Update Commission in August
• Provide recommendation to Commission in September

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2015 Unified Transportation Program (UTP) July 31, 2014

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Questions?