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Funding and Revenue 2014-2019 Proposed Highway Improvement program

Funding and Revenue 2014-2019 Proposed Highway Improvement program. Paula J. Trigg, County Engineer Public Works and Transportation Committee June 4, 2014. Presentation Schedule: 2014-2019 5-year Highway Improvement Program. Funding and Revenue. 4 DOT Capital Program Revenue Streams:

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Funding and Revenue 2014-2019 Proposed Highway Improvement program

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  1. Funding and Revenue2014-2019 Proposed Highway Improvement program Paula J. Trigg, County Engineer Public Works and Transportation Committee June 4, 2014

  2. Presentation Schedule:2014-2019 5-year Highway Improvement Program

  3. Funding and Revenue • 4 DOT Capital Program Revenue Streams: • County Bridge Fund (CB) • Matching Tax (MT) • Motor Fuel Tax (MFT) • Sales Tax (ST) • All zero growth except ST • ST @ 4.0%

  4. Pursuing Additional Fundsfor Effective Programming Illinois Commerce Commission (ICC) Railroad Grade Crossing Protection Congestion Mitigation and Air Quality (CMAQ) Chicago Metropolitan Agency for Planning (CMAP) Surface Transportation Program (STC, STE, STU) Transportation Alternatives Program (TAP) Job Access/Reverse Commute (JARC) Highway Bridge Program (HBP) more

  5. Outside Funding:Challenge Bond Program • Outside revenue provides approximately 21% of program funding • 2 main sources: • ICC (Illinois Commerce Commission) • CMAQ (Congestion Mitigation and Air Quality)

  6. MAP-21: Moving Ahead for Progress in the 21st Century Act Signed into law 7/6/12 Went into full effect October 1, 2012 Authorized programs for two years, through September 30, 2014 Timing, duration and size of next surface transportation authorization bill directly contingent on how Congress addresses highway trust fund shortfalls

  7. Highway Improvement ProgramFunding Sources

  8. 2014-2019 • Still in development • 2013-2018 program was $561 million • Balance needs for • System Preservation • System Modernization • System Expansion • Debt Service

  9. Highway Improvement ProgramFund Distribution

  10. Next Up Project listings 2014-2019 Detail of What’s New? On target for June 25th endorsement Becomes our capital budget submittal for CFY 2015

  11. Presentation Schedule:2014-2019 5-year Highway Improvement Program

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