1 / 9

HB 277 Transportation Investment Act of 2010

HB 277 Transportation Investment Act of 2010 . Columbus Proposed Regional Transportation Projects. Transportation Investment Act of 2010 Overview. Regional Transportation Sales and Use Tax Creates 12 special tax districts based on regional commission boundaries

tamarr
Download Presentation

HB 277 Transportation Investment Act of 2010

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. HB 277Transportation Investment Act of 2010 Columbus Proposed Regional Transportation Projects

  2. Transportation Investment Act of 2010 Overview • Regional Transportation Sales and Use Tax • Creates 12 special tax districts based on regional commission boundaries • Each district can levy 1 percent sales tax for 10 years • Removes the cap on local sales and use taxed for the one-percent transportation funding sales tax • Individual counties cannot opt out • Money raised in district stays in district • Money is not subject to congressional balancing • Criteria for road development to be set by GDOT Director of Planning (finalized 11/2010) • Regional roundtables ultimately select projects • Vote will be primary election of 2012 • Funds start flowing in 1st quarter of 2013

  3. Transportation Investment Act of 2010 Overview • Creates 12 Special Tax Districts for Transportation along boundaries of Regional Commissions • River Valley Regional Commission boundaries formulate our taxing area

  4. Transportation Investment Act of 2010 Overview • Eligible projects include: • Roads, Bridges and Transit projects • Projects funded by the tax are selected by Roundtables and Executive Committees consisting of local governments in collaboration with GDOT Director of Planning

  5. Transportation Investment Act of 2010 Overview • Final project list • Executive Committee in collaboration with the GDOT Director of Planning will develop the final project list from projects on the Draft Investment List • Final project list will be provided to each Roundtable • Roundtable can approve the final project list as submitted or amend with substitute projects from the Draft Investment List • A majority vote by the Roundtable is required for approval • Two public hearings on the final project list must be held prior to the final Roundtable meeting

  6. Columbus Proposed Projects • US 27/Custer Road Interchange • Buena Vista/I-185 Interchange • Columbus Marina • Columbus Airport Runway Extension • Intercity Express Bus System • South Lumpkin Trail System • St. Mary’s Road/I-185 Interchange

  7. Columbus Proposed Projects • Cusseta Road/I-185 Interchange • Buena Vista Road/Spider Web Improvements • US 27 (Veterans Parkway) from Turnberry/Muscogee to Gatlin/Harris • State 219 Passing Lanes (Luther Land Bridge to Happy Hollow Road) • Columbus Riverwalk (City Mills/Bibb Mills) • Rapid Rail – Columbus to Atlanta

  8. Transportation Investment Act of 2010 Overview • By Mid 2011 GDOT Director of Planning will develop a Draft Investment List : • Fiscally unconstrained by congressional districts • Projects must result in Public Benefits such as: • Congestion Mitigation • Increased Lane Capacity • Public Safety • Economic Development

  9. QUESTIONS?

More Related