January 23, 2013 Cory Pope, P.E. UDOT Program Development Northern Utah
Jan 21, 2015
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 +