Cost Feasible Plan Development February 24, 2016

Slides:

Advertisements

Similar presentations

General Update March Background As the region grows, increased travel demand on our aging Metro Highway System will continue to create additional.

Advertisements

General Fund Budget Calendar Review Niagara Falls City School District Budget Cynthia Bianco Superintendent of Schools Tim Hyland Rebecca Holody.

January 6. January 7 January 8 January 9 January 10.

Gilbert Road Light Rail Extension Transportation Project Advancement Agreement City Council Study Session December 4, 2014.

Polk Transportation Planning Organization 2035 Mobility Vision Plan Steering Committee - January 28, 2010 Steering Committee Meeting January 28, 2010 Polk.

A New Era of Transportation Improvements Martin E. Nohe, Chairman.

TPO Board. 25-Year Planning Horizon Update LRTP every 5 years Identify needed major improvements Determine those that are “cost feasible” (i.e., highest.

“Create your future from your future, not your past.” — Werner Erhard Overview of the 2040 LRTP.

Polk Transportation Planning Organization 2035 Mobility Vision Plan June 2010 Steering Committee - January 28, 2010 Polk Transportation Planning Organization.

Orange County Business Council Infrastructure Committee December 14, 2010 Draft Long-Range Transportation Plan Destination 2035.

BPAC. “Congestion management is the application of strategies to improve transportation system performance and reliability by reducing the adverse impacts.

FY 2017-FY 2021 Project Priorities Bay County TPO Gary Kramer Senior Planner, TPO Staff

Presentation to ***(group) on ***(date) 1.  Cities - 11  Highway districts – 3  Ada and Canyon Counties  School districts – 2  Valley Regional Transit.

Missoula Long Range Transportation Plan 11 December 2008 Open House.

Public-Private Partnership Program 2015 Update 2015 American Council of Engineering Companies ACEC – Los Angeles Chapter Luncheon, July 8, 2015.

FY 2017-FY 2021 Project Priorities Okaloosa-Walton TPO Gary Kramer Senior Planner, TPO Staff

Planning and Community Development Department Housing Element City Council February 03, 2014.

“Connecting People and Places” REGIONAL MOBILITY PLAN CRTPA Board September 20, 2010.

1 Current Funding of Surface Transportation Infrastructure Briefing for the National Surface Transportation Infrastructure Financing Commission April 25,

Slide Congestion Management Program Update Presentation to PPLC April 11, 2011.

This project/contract is funded in whole or in part by funds made available through the American Recovery and Reinvestment Act.

What is a TSP? Provides City with guidance for operating and improving a multimodal transportation system Focuses on priority projects, policies, and programs.

2040 LONG RANGE PLAN UPDATE 2040 LRTP Update – Needs Plan Development October 6, 2015 City of Lynn Haven.

What is a TSP? Provides City with guidance for operating and improving a multimodal transportation system Focuses on priority projects, policies, and programs.

Transportation Disadvantaged Local Coordinating Board (TDLCB)

FY 2017-FY 2021 Project Priorities Bay County TPO Gary Kramer Senior Planner, TPO Staff

Financial Resources Overview February 11, Outlook 2040 LRTP Update Goals & ObjectivesNeedsAssessment DataForecastsFinancialResources CostFeasiblePlan.

SunSatFriThursWedTuesMon January

San Francisco Long Range Transportation Planning Program Finance Committee Agenda Item 3 January 12, 2016.

East-West Corridor Connectivity Study – Study Recommendations November 17, 2009.

Capital Improvements Program (CIP) Council Workshop January 29, 2008 Council Chambers 6:00 p.m.

Christopher M. Quinn, MACC, CPA, CFE, CGFO, CGMA Finance Director Lina Williams Budget & Financial Analyst Tuesday, June 7 th 2016.

2040 LONG RANGE PLAN UPDATE Cost Feasible Plan Development April 27, 2016.

Capital Facilities Program Update San Rafael City Schools August 8, 2016.

City of San Mateo 2016 Reach Code

Transportation Improvement Plan (TIP) Project Solicitation

Update of Transportation Priorities Plan

Review of 2018–2023 Strategic Budget Plan Development Process and

FY 2019 – FY 2023 Project Priorities June TPO and Advisory Committees

Public Workshop #1 August 18, 2010.

2040 Long Range Transportation Plan Update

River to Sea TPO Board Meeting September 28, 2016

Capital Metro Long-Range Financial Forecast ( )

River to Sea TPO Board Meeting October 26, 2016

Metropolitan Planning Organization

D Line TAC Meeting #1: D Line Rapid Bus Project Planning City of Richfield Transportation Commission July 12, 2017 Katie Roth, Project Manager.

Mountain Park CITY COUNCIL MEETING

Pine cove pit time lapse drone photos

HOT Lanes on I-77 Today vs 2010 May 6, 2013.

S.R. 30 (U.S. 98) Tyndall Parkway

VDOT TRANSPORTATION FUNDING UPDATE

RPPP Policy and Procedures Update

Polk Transportation Planning Organization April 14, 2011

MILTON CITY COUNCIL MEETING

Update on Kings Highway Corridor

2040 Long Range Transportation Plan Update

STP Shared Local Fund: Project Evaluation Criteria

2010 Draft Budget.

LRTP Modeling Status Update

River to Sea TPO CAC & TCC Meetings September 20, 2016

Community Workshop on the Arvin Housing Element

Fiscal Year Budget Plan

Mechanicsburg Area School District

LRTP Modeling Status Update

Anaheim City School District

FY 2018 – FY 2022 Project Priorities Florida-Alabama TPO

2040 Long Range Transportation Plan Update

2045 LRTP Overview United Way of St Johns County May 10, 2019.

2045 LRTP Overview North District Citizens Planning Advisory Committee.

Public Workshop September 26, 2019.

Presentation transcript:

Cost Feasible Plan Development February 24, 2016 2040 LONG RANGE PLAN UPDATE Cost Feasible Plan Development February 24, 2016

ELEMENTS OF THE LRTP 2040 LRTP Cost Feasible Plan Data Forecasts Goals & Objectives Needs Assessment Financial Resources

ADOPTED 2040 Needs Plan

FINANCIAL RESOURCES

2040 Revenue Forecast (in 2016 Dollars) Available Revenue Capacity Programs 2040 Revenue Forecast (in 2016 Dollars) 2021-2025 2026-2030 2031-2040 Plan Total SIS Highways Construction & ROW $29,072,581 $0.00 Other Arterials Construction & ROW $39,524,194 $31,780,822 $54,569,892 $125,874,908 Transit $15,322,581 $13,698,630 $22,580,645 $51,601,856 Total Capacity Programs $83,919,355 $45,479,452 $77,150,538 $206,549,345

Project Cost vs Available Revenue Only $154 Million in SIS and Other Arterial Funds are Available through 2040

Draft 2040 cost feasible plan

2040 Cost Feasible Plan We will not have sufficient revenues to meet all of our needs What funding will be available and what new sources could be available? Projects can use Local, State, and Federal transportation dollars Current we are projecting $154 Million in present day dollars. Estimated costs for 2040 Draft Needs Plan projects is $2.1 Billion How do we set priorities within funding constraints?

2040 Cost Feasible Plan Developed 3 Cost Feasible Plan Scenarios Based on the current TPO priorities Based on the LRTP Evaluation Criteria Multi-Modal emphasis A fourth will be developed that will combine elements from the first 3.

Public involvement

Public Involvement Two workshops were held March 1st in Lynn Haven at the City Hall March 1st in Panama City at the A.D. Harris Learning Village Community group presentations Panama City Rotary Club on January 26th Lynn Haven Rotary Club on March 2nd Panama City Beach Rotary Club on March 3rd Panama City Council on Aging on March 3rd

Next Steps Public Outreach Continues Work will Continue on the refinement of the Cost Feasible Plan Public Workshop Series #3 – March 1st TPO Review of Draft Cost Feasible Plan – April 2016 Public Hearing/Plan Adoption – June 2016

Recommended Action Review and comment

Questions

Cost Feasible Plan Development February 24, 2016 2040 LONG RANGE PLAN UPDATE Cost Feasible Plan Development February 24, 2016