2012-2017 proposed highway improvement program
DESCRIPTION
2012-2017 Proposed Highway Improvement Program. Public Works and Transportation Committee May 30, 2012. Funding and Revenue. 4 DOT Capital Program Revenue Streams CB, MT, MFT and ST All zero growth except ST ST @ 2.8%. Last Year’s Program. - PowerPoint PPT PresentationTRANSCRIPT
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2012-2017Proposed Highway Improvement Program
Public Works and Transportation Committee
May 30, 2012
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Funding and Revenue
4 DOT Capital Program Revenue Streams
CB, MT, MFT and ST
All zero growth except ST
ST @ 2.8%
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Last Year’s Program
County challenge bond program – construction $ ( 2/5)
Fairfield Rd/IL Rte 176
Rollins Rd/IL Rte 83/CN RR
The 3rd Washington St/CN RR…
…construction $?
The approach was:
Accumulated low bid savings
Seek Other Funds
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Seek Other FundsICC success
Met our $10 M assumption for Rollins/IL 83 (sfy14)
Received $4 M for Washington St/CN RR (sfy15)
CN RR share for the 2 underpasses
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2012 Status County Challenge Bond Projects
3 Projects funded for construction
Fairfield Rd/IL 176
Rollins Rd/IL 83
Washington St/CN RR
2 Projects not yet funded for construction
Washington St (Haryan Farms to Hainesville Rd)
Fairfield Rd @ Il Rte 134
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Moving Forward
Hope to enjoy good bidding climate in 2013/2014
Review Bond #3 Issuance in the fall
Get Ready for future projects
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Get Ready for future projects
Re-start ST Assembly Line
3 projects
Wadsworth Rd @ Dilleys Rd
Wadsworth Rd @ Lewis Ave
Wadsworth Rd @ Kilbourne Rd
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Seek Other Funding: CMAQ
Change in CMAQ program at CMAP
100% local lead in phases (0% federal)
0% local funds for construction (100% federal)
LCDOT is good at Competitive Funding Environment :
E.g. CMAP Lake Council of Mayors – STP $
PASSAGE Corridors (9 D = 1.2M for C = $13): CMAQ $
Deerfield Bike Path (Saunders Rd to Thornmeadow): CMAQ $
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Seek Other Funding: HBP
Stearns School at I94 Deck replacement
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Common Source?
…….federal transportation program
Congress has not yet passed a replacement authorization
SAFETEA-LU ……………9th extension to 6/30/12
Could be a big impact on the 5-year program!
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2012-2017$557 million program
Distribution of funds?
System Preservation
System Modernization
System Expansion
Debt Service
Source of funds?
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How Highway Improvement Funds Are Distributed
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Fund Sources For The 5 Year Highway Improvement Program
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Next Week
Project listings 2012-2017
Detail of What’s New?
On target for June 27th endorsement
Becomes our capital budget submittals for CFY 2013
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Retirement events of last week
Marty’s Cryptic Notes?
28 @ 5 = the way
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Explanation28 years of 5 year programs =
…….together we’ve gotten good at this
……..the best in the state!
……..sets our course for the years ahead
……..allows us to compete for other funds (county seed money)
So Thanks to all of you!