COLLECTION AND DISTRIBUTION OF TRANSPORTATION FUNDS

Transcription

1 COLLECTION AND DISTRIBUTION OF TRANSPORTATION FUNDS FY1995-FY2018 Jennifer Stults, AICP CTP, CPM & Ben Walker, PE March 23, 2015 Sarasota Manatee MPO Board Meeting

2 OUTLINE Statutory Fund Allocation Process CUTR Study Background Objectives of Study Approach Data Base Analysis Results for District One Counties Results for Collier County Summary Opportunities

3 Statutory Fund Allocation Process Fund Allocations Annual process Starts with revenue Statutory requirements Project selection MPO priorities Strategic priorities Statutory requirements

4 Statutory Fund Allocation Process - Mission and Prevailing Principles Mission Provide a safe statewide transportation system that ensures the mobility of people and goods, enhances economic prosperity, and preserves the quality of our environment and communities Prevailing Principles to be considered in developing an integrated, balanced statewide transportation system: Preserve existing transportation infrastructure Enhance Florida s economic competitiveness Improve travel choices to ensure mobility

5 Statutory Fund Allocation Process - Funding Priorities Safety (all programs) Preserve our investments Need Based Bridge Resurfacing Maintenance Statutory requirements 15% Public Transportation Up to $25M annually for Small County Road Assistance Program, etc. Other programs (SCOP, CIGP, TMAs) Transportation System Capacity 75% Strategic Intermodal System (SIS); 25% Arterials

6 Statutory Fund Allocation Process - Resource Allocation Additional Capacity/Strategic $2.5B, 23% Turnpike, Operating, Local, etc. $2.4B, 21% Specified in Law $4.2B, 38% Preservation $1.9B, 18%

7 Statutory Fund Allocation Process - District Process

8 CUTR Study Background Defining equitable return Understand current conditions Fair Share report is not all-inclusive Other area attempts to modify allocations identified several issues Technical Political Laws and policies vs. distribution flexibility

9 Objectives of CUTR Equity Study Be transparent in FDOT revenues and distributions Provide accountability in statewide spending Examine potential measures for regional investments

10 Approach Rate-of-Return = Long period 24 years Comprehensive All Work Program area-specific distributions Area s share of statewide distributions Area s share of statewide gross collections All state and federal transportation taxes/fees funding these distributions Consistency all included sources are included in both collections & distributions

11 Data Statewide Work Program Distributions Included Specific to Counties (blue bar) Included Specific to Districts, Not Counties (red bar) 25% are District box items (contingency, reserve, and target) 22% are design build projects 48% are for consultants Excluded Not Specific to Districts (green stripe) 60% are statewide box items 25% are for transit operations Excluded Other (blue stripe) Turnpike, ARRA funding, aviation, reimbursements to FDOT, Transportation Disadvantaged

12 Cumulative Summary of Statewide Work Program distributions Included - Specific to Counties Included - Specific to Districts, Not Counties Excluded - Not Specific to Districts Excluded - Other FY1995-FY1999 FY1995-FY2004 FY1995-FY2009 FY1995-FY2012 FY1995-FY2018 0% 25% 50% 75% 100%

13 Data Sources of Tax/Fee Collections, FY1995-FY % Revenue Sources Diverted from Local Option Taxes Diverted from Documental Stamp Tax 75% Fuel Use and Tax State Off-Highway Fuel Sales Tax Federal Excise Non-Fuel Taxes Aviation Fuel Tax 50% Rental Car Surcharge Title Fee Initial Registration Fee 25% Motor Vehicle License Fees SCETS State Highway Fuel Sales Tax 0% Sarasota Statewide Federal Excise Fuel Tax

14 Data Sources of Tax/Fee Collections, FY1995-FY % Revenue Sources Diverted from Local Option Taxes Diverted from Documental Stamp Tax 75% Fuel Use and Tax State Off-Highway Fuel Sales Tax Federal Excise Non-Fuel Taxes Aviation Fuel Tax 50% Rental Car Surcharge Title Fee Initial Registration Fee 25% Motor Vehicle License Fees SCETS State Highway Fuel Sales Tax 0% Manatee Statewide Federal Excise Fuel Tax

15 Cumulative Results for District 1 Rate-of-Return Share of Statewide Distribution Share of Statewide Collection Share of State Totals (lines) 16% 12% 8% 4% 86% 93% 91% 93% 13.7% 11.8% 86% 100% 75% 50% 25% Rate-of-Return (bars) 0% FY1995- FY1999 FY1995- FY2004 FY FY2009 FY FY2012 FY1995- FY2018 0%

16 Results for All Counties Rate-of-Return 400% 350% 300% 250% 200% 150% 100% 50% 175% Glades Desoto Hardee Rate-of-Return 150% 125% 100% 75% 50% FY1995- FY1999 FY1995- FY2004 FY1995- FY2009 FY1995- FY2012 FY1995- FY2018 Hendry Charlotte Polk Okeechobee Sarasota Lee Manatee Highlands Collier

17 Results for All Counties FY1995-FY % Rate-of-Return 67% 82% 175% 226% 92% 65% 292% 85% 71% 162% 64% Source of map:

18 Results for All Counties FY1995-FY2018 $2,633 $Millions $927 $1,314 $258 $257 $317 $311 $151 $775 $419 $2,029 $861 Source of map:

19 Results for Sarasota County 2.0% Rate-of-Return Share of Statewide Distriction Share of Statewide Collection 100% Share of State Totals (lines) 1.6% 1.2% 0.8% 0.4% 82% 1.77% 1.45% 75% 90% 86% 86% 50% 82% 25% Rate-of-Return (bars) 0.0% %

20 Results for Manatee County 1.6% Rate-of-Return Share of Statewide Distriction Share of Statewide Collection 100% Share of State Totals (lines) 1.2% 0.8% 0.4% 63% 60% 1.02% 1.53% 68% 71% 67% 75% 50% 25% Rate-of-Return (bars) 0.0% %

21 Summary Sarasota County s rate-of-return has been relatively stable over time and stayed between 82% and 90%. Manatee County s rate-of-return has increased since FY2004. Transportation investments both in and around Sarasota and Manatee Counties bring value to both counties citizens and visitors. Results help the FDOT remain accountable for investment decisions.

22 Opportunities Additional investments along: I-75 and at interchanges US 41 SR 70 US 301 Leveraging local partnerships Other federal programs (i.e. Transit) Other Transportation Performance measures

23 Questions??? Contact Information Jennifer Stults AICP CTP, CPM (863)

24 Statewide Fund Allocation Process - Statutory Requirement Examples $300M - Documentary stamp taxes for New Starts transit, SCOP, SIS, and TRIP $200M Tag & Title fees for seaports, access to Turnpike, Transportation Disadvantaged, SCOP, statewide projects which connect major markets $42M Local option fuel tax for CIGP and SCOP $213M Federal Transportation Management Area funds for areas with population of 200,000 or greater

25 Statewide Fund Allocation Process Statutory Requirement Examples $37M Federal urban funds for areas with a population of 200,000 or less $26M Federal rural funds for areas with less than 5,000 population $284M 15% of certain state revenues are for public transportation Two revenue sources ($840M) allocated back to district where collected SCETS Rental Car Surcharge

26 District One Needs Map

27 District One Needs Map