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State Transportation Gov Report
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State Transportation Gov Report
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Last modified
5/28/2010 12:53:16 PM
Creation date
11/10/2008 2:13:03 PM
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PW_Operating
PW_Document_Type_ Operating
Reports
Fiscal_Year
2009
GL_Fund
131
GL_ORG
8990
Identification_Number
State Tran Rpt 11/08
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No
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11 1 1 1 <br /> ~ ~ 11 1 ~ I ~ 1 <br /> Proposed total revenue for multimodal investments <br /> Existing Proposed Total (millions) <br /> 15% of Lottery Revenue <br /> Westside LRT bonds expiring 200 $10.0 <br /> Transit bond obligations $26.2 <br /> LRT extension, streetcar, commuter rail <br /> Freight rail bond obligations $2.6 <br /> Shortline Credit Premium, Industrial <br /> Spur, Joseph Branch <br /> Ports/marine bond obligations $7.9 <br /> Columbia River channel, Coos Bay <br /> channel <br /> ConnectOregon I and II $13.8 <br /> Additional 7% of Lottery $39.5 <br /> Revenue <br /> see "Potential Uses" <br /> Subtotal: $100 <br /> Elderly and Disabled <br /> Special Transportation Fund $9.25 <br /> 2¢ cigarette tax, ID card revenue, and <br /> "Lawnmower Fund" <br /> 5~ state cigarette tax increase $10.5 <br /> S u btota I : $19.7 5 <br /> Passenger Rail $4.5 $4.5 <br /> Amtrak Cascades service (G F) <br /> Mass Transit Assessment $8.5 $8.5 <br /> payments in lieu of tax <br /> Allocate all federal Surface $44.0 $44.0 <br /> Transportation Program (STP) <br /> money to eligible multimodal <br /> investments* <br /> TOTAL POTENTIAL $82.75 $94.0 $176.75 <br /> MULTIMODAL FUNDING <br /> By increasing the fee for "vanity" plates from $25 to $50 the general fund allocation for the Amtrak <br /> Cascades trains could be eliminated. <br /> *About $44 million in federal STP money was available for projects (obligation) in FFY 2007. These <br /> <br /> funds are currently committed to highway projects. The proposal is to "flex" these funds, when allowed <br /> by federal law, to fund non highway projects. Rather than eliminate the programs currently funded with <br /> <br /> these dollars, we would propose taking $44 million off the top of any highway package to backfill this <br /> hole. This proposal would be dependent on receiving an influx of new dollars into the highway fund. <br /> 21 <br /> <br />
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