Item B: Funding Strategies for Transportation System Operations, Maintenance, and Preservation

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Appendix B Summary of Transportation Service System Needs The following is a preliminary list of transportation system needs and the associated funding gaps. Cost estimates are preliminary. The list is not in priority order but by magnitude of identified funding need. Preservation and Maintenance The proposed FY02/FY07 Capital ImprovementProgram (CIP) will have no monies allocated for capital rehabilitation and reconstruction of the street network due to the dire condition of the Road Fund. The need includes an ongoing annual preservation program to maintain road conditionsat the current level, plus a multi- year accelerated preservation program to address an estimated $53 million backlog of rehabilitation and reconstruction projects. According to the Pavement Management System, approximately 16.1 miles of roads have deteriorated to the point of needing replacement, while 20.8 miles of roads need other preservation treatments. Further failure to fund the preservation and maintenance of the system will escalate these values since the cost of scheduled preservation is far less than the cost of replacement. As the system continues to age, and maintenance is postponed, more and more of the system will deteriorate to the point of needing reconstruction. Estimated funding gaps:$3.2 million per year for ongoing preservation $5.3 million per year for 10 years to address project backlog Traffic Calming To accomplish the goals of Transplan and to meet the expectations of the community, a funding source is necessary to supporta sustainable traffic calming capital program.At present, little or no Road Fund dollars are available to respond to this demand. Estimated funding gap:$400,000 per year Sidewalk System In 1993, Council adopteda sidewalk improvementprogram that was intended to complete the sidewalk systemin priority areas of the community over a 20-year period. The initial three-yearprogram began in 1994. In 1999, the second phase of the program was presented but the plan was tabled due to a shortage of funds in the Road Fund for the non-assessable project costs and the high cost to property owners for assessments. Estimated funding gap:$300,000 per year Off-Street Bicycle System The preservation and maintenance of the off-street bicycle system is funded through the General Fund since ORS prohibits the use of Road Fund resources for this purpose. There are 28 miles of off-street bike paths to preserve and maintain.The General Fund Capital program is not adequate at the current allocation of $20,000 per year. The annual allocation should be increased to address both the system preservation needs as well as the on-going maintenance of the new portions of the system being added to respond to growth (primarily funded through Transportation SDCs). In addition, several miles of the existing systemneed replacement. Estimated funding gaps:$300,000 per year for six years for system rehabilitation $125,000 per year for system preservation Street Assessments and Subsidy Program Overthe last three years, staff and the Council have been reviewing street assessment policies in an effort to address property owner concerns (primarily cost) and equity issues. That effort ultimately will require additional funds for the new elements of City cost associated with local improvement district projects (increased City share for the cost of constructing arterial and collector streets).In addition, the City currently has a three-tiered street subsidy program for low-income property owners who are faced with street assessments. The subsidy program B1