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Home My WebLink AboutSB 1 OCTA PRESENTATION - 8.1.17The Road Repair and Accountability Act of 2017 Keeping Orange County Moving Overview 2 •Signed April 28,2017 •Invests $52.5 billion over the next decade •Augments existing programs and creates new funding programs •Creates Road Maintenance and Rehabilitation Account (RMRA) to allocate portion of revenues •Includes accountability measures for Caltrans and local agencies Revenue Sources 3 •SB 1 increases transportation funding in a number of ways over time: •Beginning November of 2017: •Gasoline excise tax –12 cent increase (30 cent total) •Diesel excise tax –20 cent increase (36 cent total) •Diesel sales tax –4% increase (5.75%total) •Beginning January of 2018: •New “Transportation Improvement Fee” applied to vehicle registration fee based on value ($25 to $175 per vehicle) •Beginning July of 2019: •Converts variable gasoline excise tax to 17.3 cents •Beginning July 1,2020: •$100 additional Road Improvement Fee for zero-emission vehicles Revenues Sources (continued) 4 •No later than June 30, 2020 repayment of $706 million in loans: •$256 million for regional planning grants and the Transit and Intercity Rail Capital Program •$225 million to Caltrans for the State Highway Operations and Protection Program •$225 million subvented to cities and counties for local streets and roads •The fine print: •Estimates will vary due to changes in fuel consumption rates and cost as well as average cost of vehicles •Excise taxes and fee increases are permanent and indexed for inflation growth Diesel Sales Tax $3,500 Diesel Excise Tax $7,300 5*in millions Zero Emission Vehicle Fee $200 Transportation Improvement Fee $16,300 Loan Repayment $706 Gasoline Excise Tax $24,400 Sources of Revenues, 10-Year Estimate* Uses of Revenues, 10-Year Forecast* 6 Public Transit $7,800 Fix it First $34,000 Congestion Relief $6,600 Local Funding Incentive $2,000 Sustainability $2,100 *in millions Fix‐it‐First 65% Local Street & Road Repairs $15,000 State Highway Maintenance and Rehabilitation $15,000 State Highway Bridges and Culverts $4,000 Public Transit 15% Transit Operations and Capital $7,500 STIP –Interregional Share (may also fund freight movement projects)$275 Congestion Relief 13% High Priority Freight Corridors $3,000 Congested Corridor Relief Program –new $2,500 STIP –Regional Share $825 Freeway Service Patrol Programs $250 Local Funding Incentives 4% Local Partnership Program $2,000 Sustainability 4% Active Transportation Program $1,000 Parks, off‐highway vehicle, boating, and agricultural programs $800 Local Planning Grants $250 California University Transportation Research $70 Total:$52,470 Uses of Revenues, 10-Year Forecast* *in millions Highway User Tax Account and SB 1 Revenues* Highway User Tax Account SB 1 Cities $65,358,639 $56,040,044 County $52,571,937 $36,272,014 Total $117,930,576 $94,472,058 *Forecasted revenues are estimates provided by the League of California Cities 2018‐19 $150,000,000 $100,000,000 $50,000,000 $0 $200,000,000 Orange County Totals $250,000,000 2013‐14 2014‐15 2015‐16 2016‐17 Highway User Tax Account Base 2017‐18 2018‐19 SB 1 Local Streets & Roads Projected 2018-19 Revenues* Aliso Viejo Anaheim Brea Buena Park Costa Mesa Cypress Dana Point Fountain Valley Fullerton Garden Grove Huntington Beach Irvine Highway User Tax Account Base SB 1 $0 $2 $4 $6 $8 $10 $12 $14 $16 *Revenues are estimates provided by the League of California Cities and are displayed in millions Local Streets & Roads Projected 2018-19 Revenues* Laguna Beach Laguna Hills Laguna Niguel Laguna Woods La Habra Lake Forest La Palma Los Alamitos Mission Viejo Newport Beach Orange Highway User Tax Account Base SB 1 $0 $2 $4 $6 $8 $10 $12 $14 $16 *Revenues are estimates provided by the League of California Cities and are displayed in millions Local Streets & Roads Projected 2018-19 Revenues* Placentia Rancho Santa Margarita San Clemente San Juan Capistrano Santa Ana Seal Beach Stanton Tustin Villa Park Westminster Yorba Linda Account BaseHighway SB 1 User Tax $0 $2 $4 $6 $8 $10 $12 $14 $16 *Revenues are estimates provided by the League of California Cities and are displayed in millions Efficiency & Sustainability Measures 12 •Requires Caltrans to implement efficiency measures to generate savings of a minimum of $100 million annually •Creates advanced mitigation “bank” to accelerate project delivery while meeting applicable environmental standards •Caltrans to update Highway Design Manual to incorporate “complete street”concepts Accountability Measures 13 •Creates new Caltrans Office of Audits and Investigations •California Transportation Commission (CTC) must receive annual reporting and performance goals for Road Maintenance and Rehabilitation Account funding •CTC to hold Caltrans accountable for achieving targets for various assets in the state asset management plan •CTC to receive project completion reports City and County RMRA Accountability 14 •Requirements for Road Maintenance and Rehabilitation Account street and road funding: •Local agencies must: •File a list of SB 1 proposed projects with project description, location, schedule and useful life as included in the agency budget •Provide a report for each project following expenditure of funds •Local agency maintenance of effort requirement •MOE based on fiscal years 2009-10, 2010-11 and 2011-12 expenditures •Capacity projects eligible if PCI >80 Upcoming Opportunities 15 •Local Street and Roads •Requires California Transportation Commission to review project lists and reports on completed projects, as well as authorize state controller to release funding •Workshops –June and July 2017 •Draft guidelines –August 2017 •Final guidelines –October 2017 •ATP Projects •Initial funding augments Cycle 3 call •Next call for projects for SB 1 expected in 2018 Questions?