Escolar Documentos
Profissional Documentos
Cultura Documentos
Th Ch ll for
f Financing
Fi i
Virginia’s Transportation System
Northern Virginia Transportation Alliance: Transportation Forum
Herndon VA
Herndon,
December 2, 2010
Gregory A. Whirley, VDOT Commissioner
John W. Lawson,, VDOT Chief Financial Officer
Current Challenges
2
The Commonwealth’s Highway System
3
Virginia's Highway System
4
Virginia's Highway System
Includes over 20
20,800
800 bridges and culverts
Target of no more than 8.0% rated structurally deficient
Currently, 8.5% are rated as structurally deficient
6
Code of Virginia Statutory Requirements
Section 33.1-13.02
Requires
R i VDOT tto reportt by
b September
S t b 15th off each h odd-numbered
dd b d year on ththe
condition of and needs for maintaining the existing transportation system. This report
marks the second biennial assessment
Section
S ti 33 33.1-23.1
1 23 1
A. The Commonwealth Transportation Board shall allocate each year from all funds
made available for highway purposes such amount as it deems reasonable and
necessary for the maintenance of roads within the interstate system of highways, the
primary system of state highways,
highways the secondary system of state highways and for city
and town street maintenance payments made pursuant to § 33.1-41.1 and payments
made to counties which have withdrawn or elect to withdraw from the secondary system
of state highways pursuant to § 33.1-23.5:1.
8
Financing the Highway System
9
Key Virginia Transportation Revenues
Th
The majority
j it off allll transportation
t t ti revenues are generated
t d from
f taxes
t
and user fees.
Motor Fuels Tax
M t V
Motor Vehicle
hi l SSales
l and dUUse T
Tax
Motor Vehicle License Fee
State General Retail Sales and Use Tax
10
Major State Revenue Sources
CTF
FY 2011 E
Estimate
ti t
11
Commonwealth Transportation Fund (CTF)
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Construction Fund Transfers to the
Highway Maintenance and Operating Fund
13
State Construction Funds and Federal Funds
Planned to Support the Needs of the HMOF
(in millions)
T
Transportation
t ti
Trust Fund Transfer to Federal Funds
Fiscal Construction Maintenance Directed to
Year Share^ Fund Maintenance
2002 $549.9
$ $3.6 $
$ -
2003 534.9 147.2 -
2004 603.0 56.9 -
2005 613.9 244.6 -
2006 714.3 186.2 97.4
2007 699 1
699.1 286 3
286.3 178 2
178.2
2008 706.4 260.6 143.0
2009 617.2 364.8 199.6
2010 597.4 507.6 178.6
2011* 614.1 511.0 155.1
2012*
2012 633 8
633.8 522 0
522.0 192 3
192.3
2013* 658.9 537.1 214.5
2014* 685.5 560.4 238.4
2015* 714.2 584.4 263.3
2016* 736.6 612.0 305.2
Federal revenues are used for their federally defined purposes and
support maintenance, construction and transit.
15
Virginia Department of Transportation
FY 2011 Revenues By Source
(in millions)
16
Funding Priorities
Federal and state law as well as CTB guidance dictate the spending
priorities and distribution of VDOT’s budget.
Debt Service
Support to Other State Agencies
Maintenance and Operations including Financial Assistance to Localities
Administration
Ad i i i and
dOOther
h P Programs
Highway Construction
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VDOT’s FY 2011 Budget
by Fund and Program
(in millions)
Percent of
Program Budget HMOF Construction Federal Bonds Other* Total
Environmental Monitoring and Evaluation
(514) 0.4% $ 12.5 $ - $ - $ - $ - $ 12.5
Ground Transportation Planning &
Research (602) 1.3% 4.1 19.3 18.3 - - 41.6
Highway System Acquisition and
Construction (603) 29.6% 35.2 111.9 695.4 132.4 9.0 983.9
Highway System Maintenance (604) 40.5% 1,190.2 - 155.1 - - 1,345.3
Commonwealth Toll Facilities (606) 1.5% - - - - 51.1 51.1
Financial Assistance to Localities (607) 11.0% 352.3 7.9 6.9 - - 367.1
Non-Toll Supported Transportation Debt
Service (612) 7.5% - - - - 248.2 248.2
Administrative and Support Services (699) 6.5% 211.1 - 5.6 - 0.7 217.4
VDOT Capital Outlay (998) 0.1% - 2.5 - - - 2.5
Support to Other State Agencies 1 3%
1.3% 39 1
39.1 26
2.6 - - 07
0.7 42 4
42.4
Support to Ports 0.0% - 0.5 - - - 0.5
Support to DRPT Programs 0.3% - 11.4 - - - 11.4
TOTAL 100.0% $ 1,844.5 $ 156.1 $ 881.3 $ 132.4 $ 309.7 $ 3,324.0
* - Other includes tolls, PTF, Route 58, Route 28, Oak Grove, and TPOF
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The Six-Year Improvement Plan
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Principles for the Draft FY 2011-2016
Highway SYIP
20
Six-Year Improvement Program is Limited to
Remaining Revenues
Highway
Construction $7.9 b $6.0 b $5.4 b $5.5 b $5.7 b
21
Highway SYIP History
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VDOT Audits
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Audits Conducted of VDOT Operations
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VTRC Audit
25
Virginia Public-Private Transportation Act
Program Review
26
Performance Audit
27
Programming and Planning Audit
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Conclusion
Operational
p audits have been conducted and improvements
p identified to
better utilize available resources.
30