Metropolitan Transportation Plan
Local Financial Analysis
Local expenditures were gathered for the Appleton (Fox Cities) TMA municipalities from 2008 to 2012 to provide a historic pattern of local transportation expenditures. This analysis looked at the following local transportation expenditures which are defined by the DOR:
State and Federal Financial Analysis
State (WisDOT) and Federal (FHWA and FTA) expenditures were gathered from ECWRPC’s short range Transportation Improvement Program (TIP) for the five year period from 2010-2014 using the year of expenditure dollar amounts. WisDOT expenditures included both preservation and expansion project dollars. Federal funding expenditures included the following sources:
Both local and state/federal funds mentioned above were averaged over 5-year periods and the inflation factors applied to the averages to account for a level of variability in transportation projects.
The estimated long range financial need for local TMA expenditures was calculated using the following steps:
The estimated long range financial need for WisDOT TMA expenditures was calculated using the following steps:
Federal Highway Administration (FHWA) and Federal Transit Administration (FTA) Expenditures/Revenues
The estimated long range financial need for FHWA and FTA TMA expenditures was calculated using the following steps:
To account for projected revenues needed over the life of this plan, it was assumed that FHWA and FTA transportation expenditures must at a minimum be the amount of revenue needed to be fiscally constrained (i.e. expenditures should equal revenues). The calculated 5-year average of expenditures was used to estimate expenses for the life of the plan. An inflation factor of 1.0 percent (provided by WisDOT) was applied to the 2010-2014 annual average expenses and compounded for each year out to 2050. This data was then grouped by 5 year increments as shown in Table 18-5.
7.1 What are the methods and sources of cost estimates?
7.2 How is the total project cost accounted for in the TIP?
7.3 How is the year of expenditure inflation rate developed and applied?
7.4 Do local jurisdictions submit projects in current year dollars or year-of- expenditure?
7.5 How does the MPO develop its revenue assumptions? Do the State and the transit operators provide the MPO with estimates of Federal and State funds available for the metropolitan area?
8.8 How does the MPO use the illustrative provisions allowed in federal regulations?
8.9 How does the MPO act on these projects when funding is committed?
8.10 How does the MPO prevent these projects from advancing before MPO action is completed?
Please be prepared to discuss the following at the meeting. A written response is not required.