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Staff Proposed Scope of Work: BERK Financial Evaluation, 2017 Long Range <br />Transportation Plan <br />September 13, 2017 <br />mrc <br />Task 1: Obtain final twenty year transportation improvement plan <br />Consultant will obtain from Fehr and Peers Kittitas County's final twenty year <br />transportation construction plan. The plan will contain forecast level cost estimates for <br />funding. <br />Deliverable: Fehr and Peers 20 -year plan. <br />Task 2: Identify 20 year funding car) <br />Consultant will obtain historic County growth (assessor data records) for the past ten <br />years (2007 — 2017) and forecast likely growth trend supporting the build out year of the <br />20 year plan (2037). Using the forecast data and current road fund levy rate, <br />Consultant will evaluate the forecast road fund levy revenue against the funding <br />deficiency identified in Task 1. Consultant will obtain historic County fuel tax revenue <br />for the past ten years (2007-2017) and forecast the likely fuel tax revenue supporting <br />the build out year of the 20 year plan (2037). Using the forecast costs (levy + fuel) <br />Consultant will identify the forecast funding short fall supporting build out of the 20 year <br />plan. <br />Deliverable: Funding gap between 20 year plan demand and forecast revenue from <br />existing road fund and gas tax revenues. The financial demand for the first ten years <br />and last ten years will be identified. <br />Task 3: Alternatives Evaluation <br />Consultant will evaluate "sustainable" funding sources allowed by State statue including, <br />but not limited to: REET II, levy lift, countywide transportation benefit district, impact <br />fees, bonds, road improvement districts and other Consultant funding approaches. <br />Consultant will identify key preferred funding alternatives and prepare a letter report <br />detailing the pros and cons to each proposed funding source. Consultant will meet with <br />Public Works Management and workshop the alternatives arriving at a preferred suite of <br />funding sources. <br />Deliverable: Workshop with Public Works management identifying a preferred suite of <br />funding options for financial evaluation against the costs identified in Task 2. <br />Page 1 of 2 <br />