arra update all funds were obligated by 9-30-10 of the funds programmed with fhwa, 80% has been...

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ARRA Update ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9-30-10 Must meet specific criteria established by FHWA in order to utilize excess funds from other Oregon projects • Website: http://www.fhwa.dot.gov/ economicrecovery/index.htm

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Page 1: ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must

ARRA UpdateARRA Update

• All funds were obligated by 9-30-10• Of the funds programmed with FHWA,

80% has been expended• Allowance for funds released after 9-

30-10– Must meet specific criteria established by

FHWA in order to utilize excess funds from other Oregon projects

• Website:http://www.fhwa.dot.gov/

economicrecovery/index.htm

Page 2: ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must

Jobs and Transportation ActJobs and Transportation Act

• House Bill 2001, also known as the Oregon Jobs and Transportation Act, is the transportation funding plan adopted by the 2009 Legislature. Three core themes emerged from the legislation:

– accountability, innovation and environmental stewardship;

– highway, road and street funding; and – multimodal funding.

• Funding set aside for specific projects

• For more details on the bill, you may visit the website:

http://www.oregon.gov/ODOT/JTA.shtml

Page 3: ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must

JTA (cont’d)JTA (cont’d)

• Quick Facts– Total transportation funding: $300 million per

year (split 50% state, 30% counties, 20% cities) – DMV fee increases effective Oct. 1. 2009.  – Motor Carrier fee increases effective Jan. 1, 2010 – Gas/diesel tax increase effective no later than

Jan. 1, 2011 – Includes ConnectOregon III: $100 million in

lottery-backed bonds for rail, public transit, ports/marine and air investments

– Contains directives to study improving inter-governmental partnering, reducing emissions and reducing costs of the transportation system

Page 4: ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must
Page 5: ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must
Page 6: ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must
Page 7: ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must
Page 8: ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must

Contact InformationContact Information

Steve LeepProgram and Funding Services ManagerTransportation Program Office(503) [email protected]