Financially Constrained Investment Plan

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Financially Constrained Investment
Plan Commission Meeting July 23, 2008
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Committee Recommendation (escalated billions of
)
Total 31.6
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Recommendation Investment Plan for the 31.6
Billion Uncommitted Discretionary
Funds(escalated billions )
Amount
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Past and Present RTP Discretionary Commitments
Percent shown does not account for the 300
million committed to Lifeline Transportation
Program, which has a total funding of 700
million 2005 bike/ped 2009 is bike only, but
ped is included in TLC and Climate Change (part
of Other.)
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Six Planning Committee Issues

• Committed funding/projects
• Bicycle and pedestrian program parity
• Reconcile local and regional project priorities
• Recommended ITIP revisions
• HOT Network Principles
• Remaining Resolution 3434 Shortfalls

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Issue 1. Committed Funds
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Prior Commitment Policies

• Locally generated or locally subvened funds
• OM funds as programmed in TIP, specified by
  law, or defined by MTC policy
• Projects or project elements fully funded in TIP
• Resolution 3434
• Ongoing regional operations programs (511,
  FSP, TransLink, FSP/Callbox/Incident Mgmt,
  Connectivity)

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Revised
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(No Transcript)
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(No Transcript)
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Committed Projects- 25 or More Other
Federal/State Funds, and- In Planning or
Environmental Stage, and- Meets One RTP Goal
(costs in escalated billions )
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TALCs Hit List
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Issue 2. Bicycle and Pedestrian Program
Parity (escalated millions of )
Projected revenues and shares based on
historical fund allocations to bike and
ped projects from various fund sources (e.g. TDA
Art. 3) Discretionary revenues include TLC
and Climate Change Programs TLC shares
based on historical allocations while Climate
assumes 50/50 split Includes Class I
multi-use paths, which also serve pedestrian
travel
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Issue 3. Expansion Investment
Approach
CMA/Local Priorities
RTP Performance Evaluation Results
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Cost-Effective Projects Excluded from Counties
Priority Lists
Projects with B/C gt3 or Strongly Supports gt2
Goals
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Projects with Uncertain Need Included on
Counties Priority Lists
Projects with B/C lt1
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Issue 4. Proposed ITIP Allocation(escalated
millions of )
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Issue 5. Regional HOTNetwork
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HOT Network Principles

• Collaboration and cooperation
  CMAs, Caltrans, CHP, BATA
• Corridor-based focus and implementation
  user orientation
• Reinvestment within the corridor
  capital and operating
• Corridor investment plans guide reinvestment
• Simple system consistent design, signage,
  marketing
• Toll collection BATA
• Financing could include BATA toll bridge
  enterprise

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T-2035 Assumption Net Revenue Sharing
(Dollars in billions in year 2033)
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Net HOT Revenue CorridorProposed Expenditures

• Alameda County
• Express Bus/BRT
• ITS Management Technologies
• Rail Improvements
• Contra Costa County
• Corridor Mobility Improvements TBD
• Santa Clara
• Transit 2000 Measure A capital and operating
  needs
• Local Road Rehabilitation
• Local Transportation Projects and Enhancements
• Regional (Toll Bridges)
• Corridor Mobility Improvements TBD

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Issue 6. Potential Expenditures for
Unanticipated New Revenues

• Transit Capital and Operating Shortfalls 19
  billion
• State Highway Shortfall 13 billion
• Local Roads Shortfall 11 billion
• Resolution 3434 Shortfalls 3.2 billion
• Regional Bicycle Program 900 million
• Lifeline Program 1.2 billion
• Regional Rail Right-of-Way Preservation 740
  million
• BART Core Capacity Improvements 4.2 billion

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Resolution 3434 Project Status
(costs in escalated billions )
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Follow-on Discussion Issues/Next Steps

• Revisit Vision Policies
• Further Analyses EIR Target Achievement
• New Funding Advocacy
• Program Frameworks
• HOT Network Implementation Strategy
• Approve Plan/EIR March 2009

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Key RTP Contributors

• Doug Kimsey, Planning Director
• Ashley Nguyen, RTP Project Manager
• Catalina Alvarado
• Alix Bockelman
• Carolyn Clevenger
• James Corless
• Ellen Griffin
• Ray Kan
• Lisa Klein
• Chuck Purvis
• Anne Richman
• Theresa Romell
• Michele Stone
• Glen Tepke
• Ursula Vogler