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Transportation Funding. Alachua County Board of County Commissioners Retreat October 18, 2013. Transportation Funding. Resources. Needs. Transportation Funding Presentation Outline. Revenues and Expenditures Inflation versus Gas Tax Revenues Comparisons with Other Counties Next Steps.
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Transportation Funding Alachua County Board of County Commissioners Retreat October 18, 2013
Transportation Funding Resources Needs
Transportation Funding Presentation Outline • Revenues and Expenditures • Inflation versus Gas Tax Revenues • Comparisons with Other Counties • Next Steps
Transportation Funding Revenues and Expenditures
FY 2014 Transportation O&M Budget $12,305,725 $12,305,725 Routine Maintenance $6,329,920 Capital Maintenance $5,166,805* Unincorp. Transit $809,000 + + * $4,477,750 goes to Debt Service
Transportation Funding Inflation versus Gas Tax
Transportation Funding Comparisons with Other Counties
Transportation Network Present Value $687,000,000 Pavement Management Deficiencies + $380,000,000 Stormwater System Deficiencies+ $ 33,000,000 Estimated Total Asset Value $1,100,000,000 Stormwater System Deficiencies Pavement Management Deficiencies
Recommended Annual MaintenanceCapital & Non-Capital Maintenance • Capital Maintenance $15,100,000 • 30 miles resurfacing ($22,230 per paved mile) • Bridge/Stormwater structures • 5 miles surface treatment • Non-Capital (Routine) Maintenance $11,000,000 ($12,080 per paved mile) Total Recommended Annual Maintenance $26,100,000 2.3% of the Total Asset Value
Comparison with Other Counties Peer Counties’ Funding Sources
Historical Problem • $250,000,000 pavement management backlog in 2000 • Major sales tax initiative failed by narrow margin in 2004 • $42.3 million dedicated to resurfacing in 2005 • Current County system backlog is $378,000,000 • Last year’s sales tax initiative failed by a wide margin • Pavement deteriorates more quickly with age
Transportation Funding Next Steps
Next Steps • Transportation System Needs Will Keep Growing So…….. • Transportation System Surtax • Regional Transportation Authority • Board-controlled resources to increase level of funding for Routine Maintenance beginning in FY15 • General Fund • Municipal Services Taxing Unit (MSTU) • Municipal Services Benefit Unit (MSBU) • Special Assessment Districts
Transportation Funding Alachua County Board of County Commissioners Retreat October 18, 2013