Proposed Fiscal Year 2016 Funding Plan $765 Million Federal Funding - - PowerPoint PPT Presentation

proposed fiscal year 2016 funding plan
SMART_READER_LITE
LIVE PREVIEW

Proposed Fiscal Year 2016 Funding Plan $765 Million Federal Funding - - PowerPoint PPT Presentation

Proposed Fiscal Year 2016 Funding Plan $765 Million Federal Funding Including State/Local Match ($646 Million Federal/$119 Million State/Local Match) HSIP $42.3 RR Crossings $4.2 Rural System Upgrade CMAQ $15.6 Metro PL $3.7 $33.9 TAP $10.6


slide-1
SLIDE 1
slide-2
SLIDE 2

Proposed Fiscal Year 2016 Funding Plan

$765 Million Federal Funding Including State/Local Match

($646 Million Federal/$119 Million State/Local Match)

Pavement & Reconstruction $177.4 Metro PL $3.7 TAP $10.6 CMAQ $15.6 HSIP $42.3 RR Crossings $4.2 Statewide Planning $16.0 SIB Payment $56.0 Bridge Program $125.0 Debt Service $17.0 Urban System Upgrade $75.1 Debt Service $29.0 Rural System Upgrade $33.9 Interstate Program $158.8

slide-3
SLIDE 3

Requirements

Federal Highway legislation requires every state to develop a transportation improvement program to identify planned projects, anticipated schedules, budgets, and federal funding allocations The STIP provides FHWA and FTA the basis for authorizing federal participation in transportation projects The STIP shall be fiscally constrained to demonstrate a balance between anticipated revenues and planned expenditures

slide-4
SLIDE 4

 SCDOT’s STIP covers six years and is updated every three years. STIP amendments are brought to the SCDOT Commission at almost every Commission Meeting.  The latest STIP was adopted by the Commission in 2013 to reflect budgeting and planned project programming from Federal Fiscal Year 2014 to Federal Fiscal Year

  • 2019. The next STIP will be adopted by the Commission

in 2016 for Federal Fiscal Years 2017 to 2022.  The STIP includes all federally funded programs and projects as well as non-federally funded projects that are regionally significant

The STIP in South Carolina

slide-5
SLIDE 5

The STIP budget for FY 16 is based on approximately $646 million in federal funds available for authorization, with $119 million required in state/local match. This brings the total STIP program budget to $765 million. Federal funding is appropriated through eight primary programs, which are then distributed in the STIP by state defined categories to reflect emphasis areas for improvement in SC

The STIP in South Carolina

slide-6
SLIDE 6

Federal Funding Programs

Surface Transportation Program Transportation Alternative Program Congestion Mitigation and Air Quality Program Mass Transit Program Metropolitan Planning Program National Highway Performance Program Railway Highway Crossings Program Highway Safety Improvement Program Statewide Planning Program

slide-7
SLIDE 7

Proposed Fiscal Year 2016 Funding Plan

$765 Million Federal Funding Including State/Local Match

($646 Million Federal/$119 Million State/Local Match)

Pavement & Reconstruction $177.4 Metro PL $3.7 TAP $10.6 CMAQ $15.6 HSIP $42.3 RR Crossings $4.2 Statewide Planning $16.0 SIB Payment $56.0 Bridge Program $125.0 Debt Service $17.0 Urban System Upgrade $75.1 Debt Service $29.0 Rural System Upgrade $33.9 Interstate Program $158.8

slide-8
SLIDE 8

South Carolina STIP Categories - Mass Transit

slide-9
SLIDE 9

STIP TIP Act 114

Planning Process

20 year plan Long Range Plan

slide-10
SLIDE 10

REVIEWED

(15 day comment) Public Input

APPROVED MODIFIED SUBMITTED

STIP/TIP

  • FHWA
  • FTA
  • Study Team
  • Transportation Committee
  • Verification of Act 114
  • MPO/COG Policy Committee

ACCEPTED

  • SCDOT Commission

STIP Amendment Process

Updates/Changes INITIATED

  • SCDOT
  • MPO
  • COG
slide-11
SLIDE 11

QUESTIONS

http://www.scdot.org/inside/stip.aspx