Title
Transportation Improvements (B)
The City Commission requested staff present a discussion item outlining “What Now for Transportation” subsequent to the failure of the Transportation Surtax. **ESTIMATED STAFF PRESENTATION 5 MINUTES**
Explanation
Staff has prepared a comparison of projects identified on the Transportation Surtax list with projects contained in the funded portion of the Capital Improvement Plan.
Potential funding sources for unfunded projects include future revenue from the local option gas tax. Based on estimated costs of approved projects and bonding commitments there is approximately half a million dollars a year available after FY 18 for transportation projects. The City is also collecting Transportation Mobility Area Program (TMPA) fees from new development projects that are being used to fund transportation projects such as SW 40th Boulevard, sidewalks, and transit improvements. Additionally, there are a number of competitive grants or the State Infrastructure Bank Loan Program available through the Florida Department of Transportation (FDOT). These require approval of the Metropolitan Transportation Planning Organization and inclusion in the FDOT’s Work Program. There have been federal TIGER grants available through Federal Highway Administration (FHWA) for regional multi-modal projects that are considered ‘shovel ready’. The only project the City has that would qualify as being regionally significant based on past grant guidance is West 62nd Boulevard; however, this project is not ‘shovel ready’.
The Federal Transit Administration (FTA) and the FDOT are also potential funding sources for transit related expenditures. Typically the FDOT requires a local match and provide funding on a three year declining contribution basis.
There are existing and proposed Eastside service enhancements that need to be decided as soon as possible. Routes 2 and 24 are currently funded by grants that will expire this year. The cost to cont...
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