Meeting Name
Date
Agenda
• Introductions
• Transportation Funding 101
• Program Development Process
• Program Projects
• Strategic Funding
• Tax Rate Implications
• Public Information
Transportation – The Big Picture
• The Texas Transportation Institute found that Texas needs:
• $6B annually to slow deteriorating pavement conditions and
congestion
• $10B annually to keep 2010 conditions stable
• Currently there is $2.8B available budget for 2014 and 2015
http://transportationadvocatesoftexas.org
Why Such a Shortfall?
• There are many reasons
• Population – Increased congestion and maintenance
• Increased cost of resources and construction
• Vehicle fuel efficiency and Inflation affecting the tax rate
http://transportationadvocatesoftexas.org
Kaufman County
•
Kaufman County is the 9th fastest growing County in Texas and the
40th fastest growing county in the U.S.
http://research.stlouisfed.org
•
NCTCOG Population Projection
•
•
Year 2013 = 110,000 people
Year 2030 =277,000 people
Process – Data Collection
• Sources for candidate project solicitation
•
•
•
•
•
County Judge & Commissioners
All Cities
Texas Department of Transportation (TxDOT)
NCTCOG
ISD Superintendents
• A total of 80 projects were submitted for consideration in the
bond program, totaling over $400M
Process – Project Evaluation
• Project Considerations
•
•
•
•
•
•
•
•
Safety Improvements
Congestion Alleviation
Proximity to Schools & High Traffic Generators
Air Quality Improvement
Economic Development
Significant Alternate Route Creation
External Funding Availability
Fast Start Project / Bond Term Viability
• A Total of 26 projects were included totaling an estimated cost
of $56M
All Projects
All Projects
*Project costs are estimates
Precinct 3 Projects
Precinct 3 Projects
Project #
3
13
Project Name
County Roads (Precinct 3)
Spur 557 Frontage Rd, Ramps and CR
305 (Las Lomas Pkwy) Bridge
Total
Project
Cost
Local
Funds
$1,000,000
$11,000,000
$4,500,000
TxDOT and
2013 County
Federal
Bond Funds
Funds
$0
$1,000,000
$0
Funding gap in Pass Through
$6,500,000Project, expect a proportional
payback of $3.6M
$0
$1,000,000
14
FM 986 - Advanced Planning
$1,000,000
15
FM 148/ SH 205/ US 80 /RR
Intersection Improvements
$6,600,000
FM 148 North
$6,700,000
$0
$6,700,000
23
Hwy 80 Regional Planning Study
$1,000,000
$0
$1,000,000
24
Highway 34 Advanced Planning
$1,500,000
$0
$1,500,000
25
Regional Transportation Plan
$1,000,000
$0
$1,000,000
16
*Project costs are estimates
Comments
$4,620,000
$2,000,000
Pass Through Project, expect
payback amount of $2.16M
Total Project
Cost
County Cost
Pass-Through Payback
$29,800,000
$20,700,000
$5,760,000
Precinct 3 - Project Facts
Precinct 3 - Project Facts
Precinct 3 - Project Facts
Precinct 3 - Project Facts
Precinct 3 - Project Facts
Precinct 3 - Project Facts
Precinct 3 - Project Facts
Precinct 3 - Project Facts
Program Project Summary
• $4M - Funding County Road Materials
• $19.2M - Pass Through Projects
• $2.6M – Intersection Safety Improvements
• $6.9M - Advanced Planning (Env. & Schematic Design)
• $2M – Countywide Transportation Studies
• $3M – Strategic Project Funding
• $18.3M – General Roadway Design and Construction
Strategic Funding
• Program Funding Sources
• County
• Local City Participation
• TxDOT and Federal Funds
Tax Rate Implications
• $0.036 (3.6¢) per $100 taxable value
• Average home value=$122,000
$43.92 per year
$3.66 per month
* Important - The amount of taxes on residential homesteads
of persons 65 and older will not increase above the amount
of taxes when they qualified to receive the freeze exemption.
Public Information
• Website
• www.KaufmanCountyTransportation.com
Public Information
• Bond Program
Educational
Presentations
• Voters Educational
Brochure
• Website
Thank You!
QUESTIONS??