udot program update
DESCRIPTION
This presentation was given by UDOT Program Development Directory Cory Pope to the Women in Transportation (WTS) Northern Utah Chapter and the Utah Chapter of the American Society for Public Administration (ASPA)on January 23, 2013.TRANSCRIPT
January 23, 2013
Cory Pope, P.E.UDOT Program Development
Northern Utah
• MAP 21 and the Federal Program
• Transportation Investment Fund (TIF)
• Projected Future
• Consolidated Programs –
Flexibility
• Maintained Existing Funding Levels
• 2 Years –
FY13/FY14
• Significant General Fund transfers and Leveraged Future Revenues
Transportation Investment Fund Transportation Investment Fund (TIF)(TIF)
• 8.3% of Sales Tax (2005)• ½
of auto related sales tax
• SB 229 (2011)• Added 30% of sales tax growth
• Other Misc.
TIF TIF -- RevenuesRevenues
• FY 2012 ~ $420 Million
• Projected:FY 2014 ~ $ 530 MillionFY 2016 ~ $ 612 MillionFY 2018 ~ $ 700 Million
2012 Transportation Commission Capacity Program
• 23 Projects
• $ 680M +