Regional Transit Improvements Implementation Challenges Envision 2030 ShortTerm
- Slides: 13
Regional Transit Improvements & Implementation Challenges
Envision 2030 Short-Term Improvements to Existing Routes
Envision 2030 Long-Term Service Improvements (Partial List)
Cost Estimates for 7 Select Routes
If only it were that easy
State Transit Funds are available Formula Funds Block Grants (Capital and Operating) Discretionary Funds Service Development Program Transit Corridor Program Intermodal Development Program Park and Ride Lot Program New Starts Transit Program (Capital and Operating) (Capital) …however
State participation is limited to 50 cents on the dollar
Capital versus Operating Capital Expenses Local 10% State 10% Feds pay up to 80% of total costs State pays 50% of Non-Federal share* *State Toll Revenue Credits are allowed as a match but are limited TBARTA’s Vanpool Program is matched with toll credits Federal 80% Operating Expenses Federal funds not allowed State pays 50% of net operating costs (excluding fare revenue) Local 50% State 50%
State Discretionary Transit Funds Managed at the Statewide Level Competition for funding is statewide There is no set amount of funding per District The best projects statewide win TBARTA submitting a grant application does not take money from the other local transit agencies The more applications there are from District 7, the more chance there is to bring additional state transit funds to the region …however FDOT Central Office Tallahassee
The Local Match is the Key Service Development Program Transit Corridor Program Intermodal Development Program Park and Ride Lot Program New Starts Transit Program It unlocks the door to those discretionary funds
Envision 2030 Call to Action Under Funding Actions and Recommendations “To leverage new state and Federal funding for transit, additional local/regional funding will be needed for TBARTA to carry out the mission set forth in the TBARTA Act and formalized in Envision 2030. ”
Where will the additional local/regional funds come from? Increased County Contribution to TBARTA? Regional Sales Tax? Private Contribution?
Until we figure out the answer to that question State Transit Funds there is a wall between TBARTA and State Transit Funds
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- Envision tomorrow
- Inability to envision reversing an action
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