One-Cent for Transportation Presentation

Transcription

1 One-Cent for Transportation Presentation Presented by: April 2019 Osceola County

2 Countywide FY19 Adopted Budget $1,169,289,994 Includes over 75 individual Funds

3 Restricted Funds = $641,756,014 or 55% Revenue restricts the use of the funds because of: Federal Law Statutes Ordinances Voter Approved Bond Covenants Assessments Grants Agreements

4 Committed Funds = $175,353,756 or 15% Required to fund services such as: Constitutional Officers: Sheriff Tax Collector Property Appraiser Supervisor of Elections State Attorney Public Defender Required Reserves Court Administration State Mandates: Medicaid/HCRA, Juvenile Justice, Health Department, Baker Act, Burials/ Cremation, Legal Aid, Medical Examiner

5 Other Functions = $125,938,327 or 11% Other County functions includes some of the following: Jail Emergency Mgmt. Veterans Affairs Economic Development Human Services County Admin Development Review Parks & Recreation Code Enforcement Comptroller Courthouse Security Planning Probation Facilities Maintenance Animal Services Commission Auditor County Attorney IT HR OMB Clerk Reserves

6 Funds For Transportation = $226,241,897 or 19% Funds dedicated to Transportation activities: Restricted/Committed for Transportation because of: Statutes Ordinances Debt Service Grants General Funds Capital Funds Agreements In addition to the specific items that will be covered next, this includes items such as: Projects from prior FY Osceola Parkway West 192 MSBU Fleet Maintenance Stormwater Admin Functions Reserves

7 New FY19 Capital Projects for Transportation - Advanced Traffic $19,609,696 Management System (Federal/State Grants): $2,264,350 Sidewalk/Trails (Federal/State Grants): $592,800 Roads (Federal/State Grants): $5,800,000 Traffic Signals: $1,285,000 Roads: $9,667,546 Does not reflect projects carried forward from Fiscal Year 2018 (FY18). Consists of approximately 44% Federal & State Funds.

8 Funding (Revenue) Sources for New FY19 Capital Projects: Funding Source: FY19 Adopted Budget: Transportation Trust Fund $ 98,600 Mobility Fee - East Zone $ 2,200,600 Mobility Fee - West Zone $ 3,771,500 State and Federal Grant Funding $ 8,657,150 Local Option Infrastructure Sales Surtax (Transportation Portion) $ 4,881,846 Total: $ 19,609,696

9 FY19 Operating Budget - $36,083,649 Engineering/Programming $972,435 Lynx $7,626,542 Transportation Planning $2,294,077 Road and Bridge $19,419,723 Traffic Operations $5,432,658 Roadway and Construction $338,214 Reflects operating expenses for transportation and transit activities the One Cent would specifically support.

10 Funding (Revenue) Sources for the FY19 Operating Budget: Funding Source: FY19 Adopted Budget: Transportation Trust Fund 1 to 6 Cents Local Option Fuel Tax County Voted Ninth-Cent Fuel Tax County 7 th Cent Gas Tax General Fund Support $ 18,080,463 Red Light Camera Revenue $ 625,300 Constitutional Gas Tax Fund Constitutional Gas Tax Support from General Funds $ 6,750,000 1 to 5 Cents Local Option Fuel Tax $ 10,627,886 Total: $ 36,083,649 Money is transferred from General Funds to support costs of operations.

11 Transportation Capital Spending Results in ONE road project every 7 to 10 years Traffic congestion negatively Impacts quality of life Hurts local businesses Increases emergency vehicle response time

12 Population Growth County: Estimates as Projections as of April 1 of April 1, 2017: Percent Increase: Orange 1,313,880 1,576,700 1,814,900 2,013, % Osceola 337, , , , % Seminole 454, , , , % Source: University of Florida, Bureau of Economic and Business Research

13 How Does Osceola County Compare? Osceola County has the highest development fees in Florida Nearly $22,000/residential unit New development can t pay for the sins of the past Development Fees Paid in Central Florida per Home $8, $9, $10, $15, $21, Polk Brevard Seminole Orange Osceola

14 What about the gas tax? In 2016, Osceola County started collecting an additional 5-cent gas tax. Averages $7.7 million annually Used for road resurfacing, LYNX, and transportation capital projects Prior to gas tax, road resurfacing funded at $3 million/year. FY19 road resurfacing is funded at $9 million.

15 What about the current sales tax? Of the total 7.5% Sales Tax, Osceola County receives 0.9% Type of Sales Tax: Rates: State: State of Florida Rate: 6.00% Osceola County: Distribution to Entities: City of Kissimmee: City of St. Cloud: School District: 5.50% 0% 0% 0% 0% 0% 0.36% 0.09% 0.06% 0% Infrastrucure: 1.00% 0% 0.54% 0.13% 0.08% 0.25% School Capital: 0.50% 0% 0% 0% 0% 0.50% Total Current Sales Tax (7.5%) Distribution: 5.50% 0.90% 0.22% 0.14% 0.75% On a $100 Purchase, there is $7.50 in Sales Tax: $5.50 $0.90 $0.22 $0.14 $0.75

16 One Cent for Transportation Will raise more than $67 million/year for transportation projects in Osceola County For about $10/month New and improved roads and bridges Additional pothole repairs Improved intersections Fewer rush hour bottlenecks Safer walking and biking options Enhanced bus services Expanded public transit service Visitors will pay at least 46% of the tax To generate same income, property taxes would have to INCREASE BY 40%

17 Improve Roads and Bridges Roads: Estimated at over $1.1 billion in today s dollars

18 Resurfacing Additional Pot Hole Repair Currently, County Maintains 2,060 lane miles of paved roadways. With FY19 Budget of $9,000,000, 134 lane miles will be resurfaced. Recommended budget level is $12,000,000/year to meet life cycle costs for 2,060 lane miles of paved roadway.

19 Improve Intersections Identify intersections throughout county for operational improvements to improve traffic during rush hour bottlenecks Implement the Intelligent Transportation System (ITS) Masterplan ATMS = Advanced Traffic Management Systems

20 Make Walking and Biking Safer Sidewalks: Estimated at over $250 million in today s dollars

21 Make Walking and Biking Safer Trails: Estimated at over $445 million in today s dollars

22 Enhance Bus Services

23 Expand Public Transit Options

24 Questions? Need more information? Please contact us at: or call: ROAD (7623)