Ordinance No. 20234 Exhibit A - Laserfiche WebLink

Home Browse Search

state gas tax and federal forest receipts at current non-guaranteed levels after the guarantee expires, are estimated at $988 million, leaving a conservative estimated shortfall of about $212 million over the 20-year period before the implementation of fiscal constraint strategies. 44. The projects proposed in TransPlan demonstrate that nearly all of the region's travel over the next 20 years will rely on existing streets, highways, and bicycle and pedestrian facilities, emphasizing the importance of preservation and maintenance of these facilities. 45. Historically, the State Highway Trust Fund (SHTF) and federal Forest Receipts, significant sources of transportation revenues, have funded OM&P of the regional transportation system. Currently, SHTF revenues are not increasing with inflation and federal Forest Receipts are declining. 46. According to estimates prepared for the TransPlan Finance Committee, about 130 miles of roads (about 15 percent of the system) are currently in need of either resurfacing or reconstruction with an estimated cost of $61 million in 1995 dollars. 47. Funding allocations of State cigarette tax revenues designated for special need transit services are guided by the Special Transportation Fund Advisory Committee as per ORS 391.800-391.830 and OAR 732-05, 732:'10,-732-20 governing the Special Transportation Fund Program. 48. Currently, systems development charge (SDC) methodologies charge new development only for the city's portion of the arterial-collector system; metro area state and county facilities are excluded from the calculation of SDC rates; and assessments only partially fund projects that are improving existing facilities to urban standards. 49. Focus groups convened during the TransPlan update process expressed the preference for mixed-use development to be encouraged and facilitated rather than required. Offering financial incentives and other support for nodal development is consistent with focus groups responses. 50. Under the TEA 21, 10 percent of Surface Transportation Program funds allocated to the state must be used for transportation enhancement activities, including construction of facilities for bicycles and pedestrians, but a local match is required. State funding for bikeways is primarily limited to Oregon Department of Transportation (ODOT) Highway Funds, which are used mainly for adding bicycle lanes to existing and new streets, but may be used for other bicycle projects in the right-of-way. Local jurisdictions may also fund bikeways through the local road construction and maintenance budget and from general funds, park district funds, special bond levies, and SDCs. Regarding transit, TransPlan anticipates that discretionary federal grant funds will pay for up to 80 percent of the capital cost of the BRT system, based on trends in federal funding for LTD capital projects over the last ten years. Exhibit A Metro Plan Text Amendments 13