January 23, 2013

Cory Pope, P.E.UDOT Program Development

Northern Utah

• MAP 21 and the Federal Program

• Transportation Investment Fund (TIF)

• Projected Future

• Consolidated Programs –

Flexibility

• Maintained Existing Funding Levels

• 2 Years –

FY13/FY14

• Significant General Fund transfers and Leveraged Future Revenues

Transportation Investment Fund Transportation Investment Fund (TIF)(TIF)

• 8.3% of Sales Tax (2005)• ½

of auto related sales tax

• SB 229 (2011)• Added 30% of sales tax growth

• Other Misc.

TIF TIF -- RevenuesRevenues

• FY 2012 ~ $420 Million

• Projected:FY 2014 ~ $ 530 MillionFY 2016 ~ $ 612 MillionFY 2018 ~ $ 700 Million

2012 Transportation Commission Capacity Program

• 23 Projects

• $ 680M +