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ResolutiontoAdopt20YearTransportationPlan
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2018-10-16 10:00 AM - Commissioners' Agenda
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ResolutiontoAdopt20YearTransportationPlan
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Last modified
10/11/2018 12:26:35 PM
Creation date
10/11/2018 12:21:58 PM
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Meeting
Date
10/16/2018
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
s
Item
Request to Approve a Resolution Adopting the Kittitas County Twenty Year (2018-2038) Transportation Plan
Order
19
Placement
Consent Agenda
Row ID
48517
Type
Resolution
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Exhibit 1. Financial Capacity for Operating Expenditures and Capital Projects in 20 -Year Period (2018$) <br />20 -year period: 2018-2037 <br />Projected Revenue $206.5 million <br />- Capital -restricted funds $76.7 million <br />Available for Operating Expenditures $129.8 million <br />Available for Operating Expenditures $129.8 million <br />- Projected Operating Expenditures $170.5 million <br />Operating Expediture Deficit or Surplus ($40.7) million <br />Capital -restricted funds $76.7 million <br />- Capital Projects List $127.0 million <br />Capital Expenditure Deficit or Surplus ($50.3) million <br />Total Operating and Capital Deficit ($91.0) million <br />Sources: Kittitas County Public Works 2018; BERK Consulting 2018. <br />Note: Capital -restricted funds are federal grants, state grants, and Road Fund allocations to match grants. <br />Our analysis assumes the following: 1) revenue forecasts follow the trend established by historic revenue <br />streams from 2008 through 2017; 2) petroleum-based fuels will continue as the predominant vehicle <br />propellent during the next 20 years; and 3) the County's ability to secure federal and state grants <br />remains constant, based on the ten-year average period (2008-2017). <br />Exhibit 2 shows the annual projected baseline revenues available for operating uses, operating <br />expenditures, and the operating deficit, in 2018 dollars, over the next 20 years. This exhibit does not <br />include the $50 million deficit in capital needs. <br />r11f May 22, 2018 Kittitas County Public Works 120 -Year TIP Fiscal Sustainability Strategy: Final Report <br />
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