Long Range Transportation Plan Revenue Assumptions

The current revenue assumptions for the 2035 LRTP are based on several categories and are divided by Capital Funding and Maintenance Funding.  The funding options are not final at this time; however, they provide an indication of how revenue is affected in each horizon year for each category based on the revenue assumption proposed.  All of the project lists to be funded by the options will be tested to determine if they meet the standards of the State Implementation Plan (SIP) for air quality compliance. 

The following option is based on the assumption of no new revenue:

No New Revenue

2009-2015

2016-2025

2026-2035

CAPITAL

      

Equity Funds

$295

$484

$643

Loop Funds

$278

$589

$839

Toll Gap Funds

$1,074

$ -

$ -

Managed Lane Revenue

$ -

$ -

$ -

Local/Private Funds

$200

$215

$215

New Local Revenue

$ -

$ -

$ -

CAPITAL SUBTOTAL

$1,847

$1,288

$1,697
       

MAINTENANCE

      

State Maintenance

$80

$140

$170

Powell Bill Funds

$185

$315

$385

MAINT. SUBTOTAL

$265

$455

$555

GRAND TOTAL

$2,112

$1,743

$2,252

Equity for 2009-15 reduced by $20.5 million to reflect TIP funds needed for tolls
Equity for 2016-25 reduced by $33 million to reflect GARVEE Bond repayment (2016-22)

 

The following option is based on an additional 0.125 cent sales tax:

Add’l 0.125 cents sales tax

2009-2015

2016-2025

2026-2035

CAPITAL

      

Equity Funds

$295

$484

$643

Loop Funds

$278

$589

$839

Toll Gap Funds

$1,074

$ -

$ -

Managed Lane Revenue

$ -

$ -

$ -

Local/Private Funds

$200

$215

$215

New Local Revenue-Meck

$ -

$172

$231

New Local Revenue-Union

$ -

$23

$31

CAPITAL SUBTOTAL

$1,847

$1,483

$1,959
       

MAINTENANCE

      

State Maintenance

$80

$140

$170

Powell Bill Funds

$185

$315

$385

MAINT. SUBTOTAL

$265

$455

$555

GRAND TOTAL

$2,112

$1,938

$2,514

 

The following option is based on an additional 0.25 cent sales tax:

Add’l 0.25 cents sales tax

2009-2015

2016-2025

2026-2035

CAPITAL

      

Equity Funds

$295

$484

$643

Loop Funds

$278

$589

$839

Toll Gap Funds

$1,074

$ -

$ -

Managed Lane Revenue

$ -

$ -

$ -

Local/Private Funds

$200

$215

$215

New Local Revenue-Meck

$ -

$344

$462

New Local Revenue-Union

$ -

$46

$62

CAPITAL SUBTOTAL

$1,847

$1,678

$2,221
       

MAINTENANCE

      

State Maintenance

$80

$140

$170

Powell Bill Funds

$185

$315

$385

MAINT. SUBTOTAL

$265

$455

$555

GRAND TOTAL

$2,112

$2,133

$2,776