ECIA A Regional Response to Local Needs Financial Analysis for RPA - - PowerPoint PPT Presentation

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Mar 20, 2024 198 likes •351 views

ECIA A Regional Response to Local Needs Financial Analysis for RPA 8 2040 Long Range Transportation Plan CHANDRA RAVADA Director of Transportation Federal Funds for Roads, Bridges & Trails DMATS Funds: Surface Transportation Program

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ECIA

A Regional Response to Local Needs CHANDRA RAVADA

Director of Transportation

Financial Analysis for RPA 8 2040 Long Range Transportation Plan

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Federal Funds for Roads, Bridges & Trails

DMATS Funds:

Surface Transportation Program (STP)
Transportation Alternative Program (TAP)
Transportation Alternative Program Flex (TAP Flex)

DOT Funds:

Highway Bridge Program (HBR)

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Historic Trends of Federal Aid

$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Funding sources Funding sources Funding sources

STBG Annual Growth rate: 3.07% TAP & TAP Flex Annual Growth rate: 3.47% HBP Annual Growth rate: 3.00%

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$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 2016 2020 2024 2028 2032 2036 2040

STP HBP TAP & TAP Flex

Future Projections of Federal Aid

STBG projected to 2040: $76.1 million TAP & TAP projected to 2040: $7.05 million HBP projected to 2040: $73.87 million Total projected to 2040: $157.1 million

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Revenues and Expenditures of Cities (Population >5,000)

$16,540,722 $20,342,552 $16,467,296 $17,686,030 $18,867,245 $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 2012 2013 2014 2015 2016

Revenue

Receipts, Debt Service Other Road Monies Receipts Road User Tax Funds (RUTF) TOTAL

$17,943,645 $18,352,691 $18,129,399 $18,255,617 $21,467,859 $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 2012 2013 2014 2015 2016

Expenditure

Street Debt Equipment & Miscellaneous Adminstration Construction, Reconstruction and Improvments Total Roadway Maintenance TOTAL

Spent $12.5 million annually on maintenance and improvements

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$863,792 $1,997,008 $59,136 $171,982 $1,100,113 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Total Roadway Maintenance Construction, Reconstruction and Improvments Adminstration Equipment Street Debt

City Expenditures on Federal Aid System

23.12% 76.88%

FA Non FA

Total Miles : 271.75 The Cities spend $2.86 million annually on maintenance and improvements

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Revenues and Expenditures of Counties

$29,653,318 $29,536,548 $30,240,630 $33,373,209 $35,682,266

$0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 2012 2013 2014 2015 2016

Revenue

RISE funds

Misc. Recs.

TIME-21 funds BR funds RUTF FM xfr Revenue L.O.S.T. TJ Revenue Prpty tax Total Receipts

$24,088,473 $27,689,123 $31,629,256 $30,886,181 $30,986,542

$0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000

2012 2013 2014 2015 2016

Expenditure

General Roadway Roadway Maintenance Local Construction

Admin. & Engineering

Total

Spent $29.0 million annually

n maintenance

and improvements

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$922,033 $4,991,132 $2,234,536 $2,615,115 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000

Admin. & Engineering

Roadway Maintenance Local Construction General Roadway

Counties Expenditure on Federal Aid System

36.21% 63.79%

FA Non FA

Total Miles : 3,201.74 The Counties spend $10.76 million annually on maintenance and improvements

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Future Projections of Local Funds

$0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 2017 2019 2021 2023 2025 2027 2029 2031 2033 2035 2037 2039 City of Clinton City of DeWitt City of Manchester City of Maquoketa Clinton County Delaware County Dubuque County Jackson County 3% annual growth rate

The RPA 8 is estimating $462.4 million by 2040 for systems maintenance

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TOTAL FUNDS AVIALBLE BY 2040

Source Funds Federal $157,050,000 Local $462,441,303 TOTAL $619,491,303

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TRANSIT FUNDS

Capital Section 5339 Infrastructure Grant Federal & State Grants Surface Transportation Program Operations Section 5339 Passenger Revenue Contract and other revenue Local Tax Federal Transit Assistance (FTA) State Transit Assistance (STA)

FUNDING SOURCES CLINTON MTA

Capital Section 5339 Operations Section 5339 Passenger Revenue Contract and other revenue Local Tax Federal Transit Assistance (FTA) State Transit Assistance (STA)

FUNDING SOURCES RTA 8

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Historical Revenues for Transit Systems

$3,611,910 $3,555,089 $3,802,657 $3,733,030 $3,521,015

$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 2012 2013 2014 2015 2016 Section 5339 Local Tax FTA STA Passenger Revenue Contract and other revenue Local Tax TOTAL

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Future Revenue for Transit Systems

$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 2017 2019 2021 2023 2025 2027 2029 2031 2033 2035 2037 2039 2041 Section 5339 Local FTA STA Contracts & local Tax

The RPA 8 is estimating $124 million by 2040 for system maintenance

3% annual growth rate

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Questions