TRANSPORTATION INITIATIVE Review of Road Funding and Revenue Alternatives February 8, 2017
Overview Historical and Current Funding New Construction Road Project Needs Allocation of State Road Funds Metropolitan Planning Organization (MPO) VDOT Smart Scale (Construction) Revenue Sharing Funding Alternatives
UPC/ Contract # Project Year Completed 50697 Teman Rd - Flashing Lights & Gates 2001 1651 Greenwood Church Rd (Bridge over S. Anna River) - Bridge & Approaches 2001 16922 Old Hickory Dr (Lee-Davis Rd - 0.3 Mi. N. Sherwood Crossing Pl.) - New 2-lane Rd 2001 16927 Intn. Lee-Davis Rd / Pole Green Rd - New Signal & Turn Lanes 2001 14866 Hillcrest Rd (Rt. 301 - Peaks Rd) - Reconstruct. & Surf. Treat. 2001 SR-42A-02 Rt. 54 (Rt. 33 to Rt. 776) - Shoulder Wedge 2002 18950 Rt. 54 - RR X-ing 2002 50522 New Ashcake Rd - RR X-ing 2002 n/a Staple Ln. (Atlee Station Rd - End) - Rural Addition 2002 8705 Bourne Rd (Rt. 33 - Taylors Creek Rd) - Reconstuct. & Surf. Treat 2002 SR-42A-03 Rt. 33 (0.41 Mi. W. Henrico C.L. to Ashland Rd.) - Sh. Wedge & Pvmt Markers 2003 n/a Rt. 33 (Ashland Rd. to Louisa C.L.) - Pvmt Markers 2003 14856 Rt. 1 - Widen to 6-lanes (Assoc. w/atlee-elmont Interchange Project) 4692 Sliding Hill Rd - Reconstruction (Assoc. w/atlee-elmont Interchange Project) 1398 I-95 / Atlee-Elmont Interchange 67553 Intn. Pole Green Rd / Bell Creek Rd - New Signal 17806 Telegraph Rd (Henrico C.L. - Sliding Hill Rd) - New Road 18482 Mount Hope Church Rd - Flashing Lights & Gates 18484 Landoro Bridge Rd - Flashing Lights & Gates 18947 Rt. 30 - Bridge over CSX RR 60666 Peaks Rd - Flashing Lights & Gates 17868 Lucas Rd - (Old Ridge Rd - Breedens Rd) - Reconstruct. & Surf. Treat 17869 Breedens Rd (Rt. 1 - Old Ridge Rd) - Reconstruct. & Surf. Treat 51259 Grover Cocke Rd (Landmark Cedar Rd - Louisa C.L.) - Reconstruct. & Surf. Treat 57719 Lewistown Rd - Widen to 4-lanes (proj. closed and converted to UPC 58920) 66969 Cedarcrest Rd (Rt. 301-0.3 Mi. N. Rt. 301) - Reconstruct. & Surf. Treat 66964 Carters Height Rd (Lewistown Rd - End) - Reconstruct. & Surf. Treat 66965 Bazile Rd (Cedar Ln. - 0.3 Mi. N. Cedar Ln.) - Reconstruct. & Surf. Treat 66966 Russet Ln. (Stywalt Ln. - 0.9 Mi. W. Stywalt Ln.) - Reconstruct. & Surf. Treat 66967 Fountain Rd (Old Ridge Rd - 0.4 Mi. N. Old Ridge Rd) - Reconstruct. & Surf. Treat 66968 Holly Hill Rd (Cedar Ln. - 0.9 Mi. S. Cedar Ln.) - Reconstruct. & Surf. Treat Intn. Rt. 301 / Whipporwill Rd - New Signal & Turn Lanes 2005 18951 Intn. Rt. 54 / Blanton Rd - New Signal & Turn Lanes 2005 50598 Lakeridge Pkwy (Lewistown Rd - 0.38 Mi. S. Lewistown Rd) - New 4-lane Rd 2005 50599 N. Lakeridge Pkwy (Lewistown Rd - Lickinghole Creek) - New 2-lane Rd 2005 68239 Rt. 33 (Ashland Rd - 1.47 Mi. S. Louisa C.L.) - Sh. Wedge 2005 67609 Rt. 301 (I-295 - T-D Blvd) - New Signals & Turn Lanes 2005 60665 Hickory Hill Rd - Flashing Lights & Gates 2005 18485 Beaverdam School Rd - Flashing Lights & Gates 2005 60667 Noel Rd - Flashing Lights & Gates 2005 66970 Profitt Farm Rd (Taylors Creek Rd - End) - Reconstruct. & Surf. Treat 2005 Intn. Whipporwill Rd / New Ashcake Rd - Turn Lanes 68913 N. Lakeridge Pkwy (Lickinghole Creek - Rt. 1) - New 2-lane Rd 71350 Sliding Hill Rd (Atlee Station Rd - New Ashcake Rd) - Sh. Wedge & Overlay 71351 Creighton Rd (Cold Harbor Rd - End 4-Lane) - Sh. Wedge & Overlay 71353 Pole Green Rd (Rt. 360 - Pine Hill Rd) - Sh. Wedge & Overlay 73198 Rt. 54 - Sh. Wedge & Overlay 76891 Rt. 1 - Bridge over Stoney Run 79902 Pollard Creek Rd - Rural Addition 67899 Verdon Rd - RR X-ing 67900 Teman Rd - RR X-ing 67901 Beaverdam School Rd - RR X-ing 67903 Beaver Dam Rd - RR X-ing 81071 Tyler Station Rd - Gates 11273 Atlee Station Rd (Rt. 301 - Honey Meadows Rd) - Reconstruction 2007 66972 Hartley Rd - Rural Rustic Road 2007 66973 Askew Ln - Rural Rustic Road 2007 70819 Beaver Dam Rd - Flashing Lights & Gates 2007 71553 Atlee Station Rd (Kings Charter Dr - Honey Meadows Rd) - Sh. Wedge & Overlay 2007 76945 Rt. 33 (1.45 Mi. E. Louisa C.L. - Louisa C.L.) - Sh. Wedge 2007 77653 Lee Davis Rd (Cold Harbor Rd - Rt. 360) - Sh. Wedge & Overlay 2007 n/a Pole Green Rd (W. of Fallman Dr.) - Sight Distance 2007 66971 Binns Rd - Reconstruct. & Surf. Treat 2007 66974 Tower Rd - Rural Rustic Road 2008 69048 Doswell Rd - Upgrade Flashing Lights & Gates 2008 72300 Lakeridge Pkwy (0.38 Mi. S. Lewistown Rd - S. Lickinghole Cr.) - New 4-lane Rd 2008 77181 Rt. 30 (I-95 - Caroline C.L.) - Widening 2008 81075 Hartley Rd - Flashing Lights & Gates 2008 n/a Intn. Teman Rd / Tyler Station Rd - Realignment 2008 n/a Intn. Bell Creek Rd / Entr. Hanover Sq. Shopping Center - New Signal 2008 58920 Intn. Lewistown Rd / Lakeridge Pkwy - New Signal 2008 17527 Intn. Cold Harbor Rd / Walnut Grove Dr. 2009 58187 Pole Green Rd (AMF Dr. - 0.15 Mi. W. Bell Creek Rd) - Widening 2009 72466 River Rd (Rt. 360 - Hanover Town Rd) - Rural Rustic Road 2009 n/a Verdi Lane - Asphalt Surface Treatment 2009 n/a Intn. Rt. 301 / New Ashcake Rd / Rural Point Rd 2009 16925 Intn. Sliding Hill Rd / New Ashcake Rd - Widening & Realignment 51253 Atlee Station Rd (Charter Gate Dr - Kings Charter Dr) - Sh. Wedge & Overlay 58189 Lee Davis Rd (Rt. 360 - Pole Green Rd) - Sh. Wedge & Overlay 72468 Dunn Rd - Asphalt Surface Treatment 81668 Union Church Rd - Asphalt Surface Treatment 87118 Intn. Pole Green Rd / Bell Creek Rd - Widening 94479 Quaker Church Rd - Asphalt Surface Treatment 94480 Kenwood Church Rd - Asphalt Surface Treatment 94482 Hatch Thompson Rd - Asphalt Surface Treatment 94484 Breedens Rd - Asphalt Surface Treatment 94487 Darbys Rd - Asphalt Surface Treatment 94485 Corker Rd - Asphalt Surface Treatment 94488 Richard Rd - Asphalt Surface Treatment 94490 Buckeye Rd - Asphalt Surface Treatment 94491 Noel Rd - Asphalt Surface Treatment 94478 Waldrop Ln - Asphalt Surface Treatment 94481 Old Country Rd - Asphalt Surface Treatment 94483 N. Telegraph Rd - Asphalt Surface Treatment 94492 Ancient Acres Rd - Asphalt Surface Treatment 94486 Hanover Quarter Rd - Asphalt Surface Treatment 94494 Burnham Davis Rd - Asphalt Surface Treatment 94495 Ben Gayle Rd - Asphalt Surface Treatment 94503 Rosmarin Rd - Asphalt Surface Treatment 94507 Terry Rd - Asphalt Surface Treatment 4412 Pouncey Tract Rd 2011 58920 Lewistown Rd & I-95 NB Ramp 2011 94855 Lewistown Rd & I-95 NB Ramp 2011 17866 Lee Davis Rd / Cold Harbor Rd / Walnut Grove Rd 2011 87118 Intn. Pole Green Rd / Bell Creek Rd 2011 100594 Hickory Hill Rd (Rt. 54 - Old Ridge Rd) - Asphalt Surface Treatment 2012 100597 Hickory Hill Rd (Old Ridge Rd - Mannheim Dr) - Asphalt Surface Treatment 2012 100445 Mabelton Rd - Asphalt Surface Treatment 2012 100446 George Ruth Rd - Asphalt Surface Treatment 2012 93096 Creighton Rd Bridge Superstructure Replacement 2012 18948 U.S. Route 33 / Route 54 - Interesection Realignment 2013 17862 Creighton Rd (Cold Harbor Rd - Walnut Grove Rd) - Sh. Wedge & Overlay 2013 97686 Pole Green Rd / Rural Point Rd - Turn Lanes 2014 104025 Cedar Ln Trench Widen & Overlay 2014 104876 Ashland Rd Trench Widen & Overlay 2014 51261 Georgetown Rd Bridge & Approaches 2014 71354 Sliding Hill Rd / Air Park Rd - Turn Lanes 2015 17959 U.S. Route 360 - Bridge Replacement 2015 100565 U.S. Rt. 360 & Elm Dr. - Signal Upgrade 2015 82378 Taylorsville Rd Bridge & Approaches 2015 105151 Cool Spring Rd Safety Improvement 2015 106206 Ashcake Rd Trench Widen & Overlay 2015 77121 Pole Green Rd / Walnut Grove Rd - Turn Lanes 2016 97685 Atlee Rd / Rt. 301 - Turn Lane 2016 Completed Projects 2000-2016 2001 $ 3,076,062 2002 $ 1,746,012 2003 $ 33,061 $ 83,117,130 2005 $ 5,953,434 $ 4,411,588 2007 $ 11,965,301 2008 $ 17,267,585 2009 $ 5,033,197 $ 9,739,970 2011 $ 16,836,597 2012 $ 1,394,776 2013 $ 6,001,977 2014 $ 4,081,355 2015 $ 9,612,645 2016 $ 4,314,000 TOTAL $ 184,584,690 Ave. Per Yr. $ 11,536,543
MILLIONS $6,000.00 VDOT Budget: Total, Maintenance & Costruction VDOT Budget Maintenance Construction $5,000.00 $4,000.00 $3,000.00 $2,000.00 $1,000.00 $0.00 07 08 09 10 11 12 13 14 15 16 17 FISCAL
TE Local Rev. Sh. (State Match) MAP21 RSTP RSTP RSTP State Match (Non- Form.) MAP21 CMAQ CMAQ Formula Sec. Telecomm. SSYP Incidental Residue Parcel Revenue 56181 RTE 33 - ADD LEFT TURN LANES AT THE INTERSECTION OF RTE 623 33 Primary 90347 RTE 802/I95 - REPL BRIDGE, RAMPS & AIRPARK RD (FED ID 9596) 95 Interstate 104275 RTE 54 - IMPROVE INTERSECTION 54 Primary 107071 RTE 54 (NEAR PAMLICO RD) - INSTALL FLASHING SIGNALS 54 Primary 17768 RTE 360 - WIDENING FROM 4 TO 6 & 8 LANES 360 Primary 18962 RTE 360 - INTERSECTION RELOCATION 360 Primary Bond Match 82399 RTE 625 (GREENWOOD RD) - BRIDGE REPLACEMENT 625 Secondary 98236 RTE 638 - EXTEND ATLEE RD TO CONNECT TO ATLEE STATION RD 638 Secondary 107047 RTE 654-UPGRADE FLASHING LIGHTS & GATES & ADD CWT PREDICTORS 654 Secondary 105107 RTE 301 - REPLACE BRIDGE 301 Primary 13551 RTE 360 WIDENING 360 Primary 109363 RT.54-INSTALL NEW FLASHING LIGHTS & GATES ADD CWT PREDICTORS 54 Rail 81667 RTE 615 (CREIGHTON RD) - IMPROVE INTERSECTION 615 Secondary 109260 POLE GREEN RD WIDENING - PE ONLY 627 Secondary 104957 #HB2.FY17 RTE 656 - SLIDING HILL ROAD CORRIDOR 656 Secondary T11964 BRIDGE (FED ID 9578) RTE 715 OVER NEW FOUND RIVER 715 Secondary 108636 RTE 2380 - NEW SIGNAL 2380 Secondary T11967 BRIDGE (FED ID 9492) RTE. 617 OVER SOUTH ANNA RIVER 617 Secondary 104875 RTE 606 - ROUNDABOUT 606 Secondary 103014 RT 623 (CEDAR LN) - IMPROVE INTERSECTION 623 Secondary 107178 RTE 641 - IMPROVE INTERSECTION 641 Secondary Active Projects FY17 Federal Formula STP State Formula Federal STP Sec. Under 200,000 MAP21 Rail Hwy X-ing Rail Hwy X-ing Bridge Funds - Fed. BR Bridge Funds - Fed. BROS HB 1887 - SGR HB 1887 - DGP CTB Formula MAP 21 STP Open Container Funding Sources Formula Primary Priority Trans. Funds Concession Funds Federal STP Min. Guarantee Soft Match Maint. Funds Funding Source (Thousands) Funding Local $ 10,003 Rev. Sh. $ 9,548 TPO $ 56,061 State/ Fed $ 54,562 Rail $ 607 Bridge $ 265 HB2 SGR $ 2,252 HB2 CN $ 7,332 $ 140,630
Annual project funding over time (not cumulative) 33 360 (LD-WG) 360-Bell Cr. 360 (295-LD) 360/LD 56181 18963 18962 17768 13551 FY 04 $ - $ 1,093 $ 883 $ 1,001 $ 5,140 FY 05 $ - $ 1,040 $ 989 $ 1,401 $ 4,687 FY 06 $ 34,719 $ 1,487 $ 9,464 $ 10,945 $ 10,690 FY 07 $ 31,966 $ 1,187 $ 10,020 $ 7,411 $ 10,757 FY 08 $ 46,453 $ 15,247 $ 10,601 $ 20,345 $ 13,494 FY 09 $ 16,576 $ 16,000 $ 10,601 $ 20,341 $ 13,592 FY 09 (Rev.) $ 9,028 $ 3,123 $ 6,550 $ 5,724 $ 6,241 FY 10 $ 5,644 $ 3,123 $ 6,520 $ 5,010 $ 6,241 FY 11 $ 5,644 $ 1,761 $ 8,623 $ 14,700 $ 6,419 FY 12 $ 8,941 $ 3,123 $ 8,623 $ 9,690 $ 14,313 FY 13 $ 9,044 $ 3,123 $ 8,623 $ 9,690 $ 14,313 FY 14 $ 9,044 $ 3,123 $ 8,623 $ 9,690 $ 14,312 FY 15 $ 7,743 $ 665 $ 7,555 $ 13,504 $ 14,355 FY 16 $ 7,743 $ - $ 7,880 $ 13,533 $ 14,355 FY 17 $ 7,743 $ - $ 7,880 $ 14,164 $ 16,764 State $ 5,644 $ 7,880 $ 11,386 $ 164 Project 33 360 (LD-WG) 360-Bell Cr. 360 (295-LD) 360/LD 56181 18963 18962 17768 13551 Total Reduction $ 40,809 $ 16,000 $ 2,721 $ 8,959 $ 13,428 $ 81,917 Values in Thousands of Dollars State allocation SYIP Values in Thousands of Dollars
MILLIONS $4.5 Hanover SSYP - Secondary Construction Formula Allocations Sec. Funds $4.0 $3.5 $3.0 $2.5 $2.0 $1.5 $1.0 $0.5 $- 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 FISCAL YEAR
New Construction Road Project Needs, of 2013 Project list+360 Project General Fund Proffers Secondary Rev. Sharing Federal Competitive Total Providence Turn Lanes (.75/.75 GF/Proffer/Rev. Sharing) $900,000 $575,000 $1,475,000 $2,950,000 Studley Rd / Rural Point Rd Roundabout (MPO funded) $115,000 $1,711,550 $1,826,550 Sliding Hill Rd Widening Elletts Crossing Rd Realignment Partial Funding PG (Design) Total Funded Project Cost $1,000,000 $500,000 $590,000 $1,500,000 $7,832,692 $11,422,692 $1,250,000 $1,250,000 $2,500,000 $720,000 $720,000 $3,150,000 $1,075,000 $705,000 $4,225,000 $10,264,242 $19,419,242 Pole Green Rd Widening $2,000,000 $1,500,000 $3,500,000 $6,500,000 $13,500,000 Atlee Station Rd Widening $2,240,000 $8,000,000 $1,445,000 $10,240,000 $9,275,000 $31,200,000 Cool Spring Rd Safety Improvement (current funding for curve adjustments) $1,000,000 $250,000 $1,250,000 $2,500,000 I-95-Ashland Interchange (MPO Study) $600,000 $500,000 $1,100,000 $18,800,000 $21,000,000 E. Patrick Henry Rd Widening $2,260,000 $500,000 $2,760,000 $5,520,000 Rt. 54 / Goddins Hill Rd Left Turn Lane Rt 360 / Lee Davis Intersection Rt 360 / Lee Davis Intersection (Unfunded) $400,000 $400,000 $800,000 $1,600,000 $227,500 $164,000 $227,500 $13,735,881 $14,354,881 $10,000,000 $10,000,000 Remaining Project Cost $8,727,500 $11,150,000 $1,445,000 $19,650,000 $44,575,000 $85,547,500 8
Future Project Needs (Current Traffic) Scotchtown / Rt 54 (Safety) Creighton / Walnut Grove 295 Exit Ramp to Creighton Road Bell Creek Road / Sandy Lane (Roundabout) Peaks / Mount Hermon / Sliding Hill Intersection Safety Bell Creek Road Widening (Shoulder Improvements) Pole Green Rd Widening (beyond Rural Point_ Rural Point Road (Safety / Widening) Route 33 Widening Route 360 Widening Ashland Road (Safety) Spring Road Bridge (Flooding) Union Church Road (Safety) Future Project Needs (Growth Driven) Creighton Road Widening / Walnut Grove Rural Point Road (Safety / Widening) Georgetown Road (safety) Sliding Hill - Peaks Widening Goddins Hill - Mount Hermon (Shoulder Improvements / Widening Cedar Lane Widening Cauthorne Road Widening RR Overpass Ashland / potential bypass Archie Canon Pouncy Track Widening (Henrico - Hylas) Ashland Road (Safety / Widening) Economic Development 54/ 301 Capacity Improvement - Roundabout New Ashcake Extension (Econ. Dev.) * partially funded
Allocation of State Road Funds
$8.564 billion in SMART SCALE request $10.884 billion in total cost
Washington to North Carolina - Corridor of Statewide Signifiance
Safety Needs Assessment TOP 100 fatal and injury crashes
Funding Alternatives 1,400,000 Proffer Funding Proffers 1,200,000 1,000,000 Local Dollars 800,000 600,000 400,000 200,000 - FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 Fiscal Year
Richmond Region (PDC 15) Population approximately 1 million Motor vehicles registered? Transit riders annually? PDC Locality Population Percentage $ 99,500,000 30% local distribution * Town of Ashland 7225 1% $ 716,955 $ 215,086 Charles City 7256 1% $ 720,031 $ 216,009 Chesterfield 316236 32% $ 31,380,879 $ 9,414,264 Goochland 21717 2% $ 2,155,032 $ 646,509 Hanover 92638 9% $ 9,192,697 $ 2,757,809 Henrico 306935 31% $ 30,457,918 $ 9,137,375 New Kent 18429 2% $ 1,828,755 $ 548,627 Powhatan 28046 3% $ 2,783,074 $ 834,922 City of Richmond 204214 20% $ 20,264,659 $ 6,079,398 1002696 100% $ 99,500,000 $ 29,850,000 Town separated from Hanover $25 Motor Vehicle Fee = $3,125,000 + ability to match $3,125,000 in state revenue sharing = $6,250,000 annually
FY2017 Summary of Revenue Alternatives Authority Required Revenue Unit Impact Estimated Impact Impact Ceiling State Authority Meals 1% $1,200,000 $4,800,000 Requires referendum (4% max rate) Ashland has a 5% meals tax Admissions 1% $400,000 $4,000,000 Needs State enabling authority; 10% max Cigarette 1 cent/pack $50,000 $1,500,000 Needs State enabling authority; 30 cents/pack Ashland is 22 cents/pack Statewide Local Govt Other Revenues Revenue Alt Cities Counties Total General Info Meals 38 47 85 4% mostly (counties) Admission 16 3 19 Generally 4 % (counties) or 10 % (cities) Cigarette 29 2 31 30 cents/ pack (counties) *Note information provided from Weldon Cooper Tax Rate Book for 2014.
FY2017 Summary of Revenue Alternatives Existing Authority Estimated Impact Revenue Unit Impact Impact Ceiling State Authority Real Property 1 cent $1,200,000 N/A N/A Per prop rate 1 cent $125,000 N/A N/A PP Retail Value N/A $8,100,000 $8,100,000 Highest assessment method Motor Veh fee $1/year $125,000 $5,090,000 $40.75 State max < 4000 lbs Statewide Local Govt Other Revenues Revenue Alt Cities Counties Total General Info PP Retail Method 4 9 13 73 total loan value; 47 total trade-in (Hanover) Motor Vehicle Fee 34 86 120 Majority are between $20-$30; 1 locality at max $40.75 $25 Motor Vehicle Fee = $3,125,000 + ability to match $3,125,000 in state revenue sharing = $6,250,000 annually $30 = $3,750,000 + state revenue sharing = $7,500,000 Hanover (Vehicles Inventory Count) Less than 4,000 lbs 97000 Greater than 4,000 lbs 24000 Motorcycles 3000 Regional FY17 Rate Comparison Hanover Chesterfield Henrico Richmond Motor Vehicle Fee Less than 4,000 lbs N/A $40.00 $20.00 $23.00 Greater than 4,000 lbs N/A $40.00 $25.00 $28.00 Motorcycles N/A $15.00 $15.00 $15.00 Real Property Rate $0.81 $0.96 $0.87 $1.50 Personal Property Rate $3.57 $3.60 $3.50 $3.70