New Search
Funding Outlook <br /> The Road Fund provides no funding in this CIP for capital needs over the next six years. This <br /> <br /> ,reflects Lane County's planned reductions in the County/City Road Partnership Agreement, no <br /> increase in the state gas tax for the past 12 years, and the ongoing needs for road system . <br /> operations and maintenance as reflected in the Public Works Department's operating budget. <br /> For the Transportation System Development Charge Fund, revenues from system development <br /> charges fluctuate based on annual development activity. Projects and programs listed for each <br /> year in the Six-Year Funded Program have been selected in order to match the anticipated <br /> amounts for this fund. <br /> In supporting the work of the Eugene Budget Committee Subcommittee on Transportation <br /> Financing, the Public Works Department developed a Pavement Management System Report <br /> (February 2001). This analysis shows a $67 million backlog in preservation and reconstruction <br /> needs that will grow to $231 million by 2011 if preservation needs are not addressed. The <br /> analysis also identified an ongoing need of approximately $8.5 million per year to preserve and <br /> rehabilitate the existing transportation system and to reduce the backlog to $40 million by 2011. <br /> The creation of the Transportation System Development Charge Reimbursement Fee and the <br /> Transportation ITtility Fund in 2002, with it's associated revenue sources of the Transportation <br /> System Maintenance Fee and the Local Motor Vehicle Fuel Tax, will provide the appropriate <br /> level of funding to meet preservation and rehabilitation needs. In addition, the CIP includes <br /> $500,000 of federal funds for system maintenance. The federal funds represent the City's <br /> allocation of Surface Transportation Program (STP) funds. <br /> During the past six years, several events have occurred which affect the level of funding for the <br /> City's Road Fund: <br /> • Oregon's gasoline tax has not increased since 1991; <br /> • The City's Street Tree Program was transferred from the General Fund; <br /> • Revenues from Transportation System Development Charges have not been sufficient to <br /> meet the short-term needs for system expansion; <br /> • Lane County Road Fund annual contributions to the City's Road Fund have decreased over <br /> the past four years, from $2.7 million in FY97 to less than $1.3 million in FY01 and the <br /> current one-year agreement expires in July 2001. <br /> The reductions in revenue to the Road Fund are reflected in the elimination of Road Fund capital <br /> projects. New capital projects will be funded primarily by assessments to property owners and <br /> the System Development Charge Fund. <br /> City of Eugene 2004 - 2009 Capital Improvement Program <br /> Page 2 <br /> <br />