One-Cent Transportation Surtax Presentation Presented by: March 2019 Osceola County
FY 19 Transportation Capital - $19,609,696 ATMS - Federal / State Grants , $2,264,350 Sidewalk/Trails - Federal / State Grants, $592,800 Traffic Signal , Roads - Federal & $1,285,000 State Grants, $5,800,000 Roads, $9,667,546 Budget consists of approximately 44% Federal and State Funds
Capital Funding Source Revenue Funding Source FY19 Adopted Budget Transportation Trust Fund $ 98,600 Mobility Fee - East Zone $ 2,200,600 Mobility Fee - West Zone $ 3,771,500 State and Federal Grant Funding $ 8,657,150 Local Option Infrastructure $ 4,881,846 Sales Surtax (Transportation Portion) Total $ 19,609,696
FY 19 Operating Budget - $36,083,649 Engineering/Programming $972,435 Lynx $7,626,542 Transportation Planning $2,294,077 Road and Bridge $19,419,723 Traffic Operations $5,432,658 Roadway and Construction $338,214
Operations Funding Source Revenue Funding Source FY19 Adopted Budget Total Transportation Trust Fund $ 18,080,463 1 to 6 Cents Local Option Fuel Tax County Voted Ninth-Cent Fuel Tax County 7 th Cent Gas Tax General Fund Support Red Light Camera Revenue $ 625,300 Total Constitutional Gas Tax Fund $ 6,750,000 Constitutional Gas Tax General Fund Support Host Fees Support 1 to 5 Cents Local Option Fuel Tax $ 10,627,886 Total $ 36,083,649 Money is transferred from the General Fund to cover operations budget, including supporting road resurfacing.
Transportation Capital Spending • Results in ONE road project every 7 to 10 years • Traffic congestion negatively Impacts quality of life Hurts local businesses Increases emergency vehicle response time
Population Growth Estimates Projections, April 1 April 1, Percent County 2025 2035 2045 2017 Increase Orange 1,313,880 1,576,700 1,814,900 2,013,600 53% Osceola 337,614 452,400 560,200 649,800 92.50% Seminole 454,757 502,900 547,700 582,600 28% Source: University of Florida, Bureau of Economic and Business Research
How Does Osceola County Compare? • Osceola County has the highest development fees in Florida Nearly $22,000/residential unit New development can’t pay for the sins of the past
What about the gas tax? • In 2016, Osceola County started collecting an additional 5-cent gas tax Averages $7.7 million annually Used for road resurfacing, LYNX, and transportation capital projects • Prior to gas tax, road resurfacing funded at $3 million/year. FY19 road resurfacing is funded at $9 million.
One Cent Sales Tax • Will raise more than $67 million/year for transportation projects in Osceola County • For about $10/month New and improved roads and bridges Additional pothole repairs Improved intersections Fewer rush hour bottlenecks Safer walking and biking options Enhanced bus services Expanded public transit service • Visitors will pay more than a third of the tax • To generate same income, property taxes would have to INCREASE BY 40%
Improve Roads and Bridges Estimated at over $1.1 billion in today’s dollars
Resurfacing – Additional Pot Hole Repair • Currently, County Maintains 2,060 lane miles of paved roadways • With FY19 Budget of $9,000,000, 134 lane miles will be resurfaced. • Recommended budget level is $12,000,000/year to meet life cycle costs for 2,060 lane miles of paved roadway.
Improve Intersections • Identify intersections throughout county for operational improvements to improve traffic during rush hour bottlenecks • Implement the Intelligent Transportation System (ITS) Masterplan
Make Walking and Biking Safer Estimated at over $250 million in today’s dollars
Make Walking and Biking Safer Estimated at over $445 million in today’s dollars
Enhance Bus Services
Expand Public Transit Options
Questions? Need more information? Please contact us at: WWW.OSCEOLA.ORG or call: 407-742-ROAD (7623)
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