Reston Transportation Funding

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    County of Fairfax, Virginia

    Reston Funding PlanPotentialSources of Revenue for Funding

    Reston Transportation Improvements

    Reston Network Analysis & Funding Plan Advisory Groupecem!er "#$ %"'

    (anet NguyenFairfa) *ounty epartment of Transportation

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    County of Fairfax, Virginia

    Reston Funding Plan

    "+ ,verview

    %+ Status-+ Sources of Revenue

    #+ Tysons *ost Allocation .odel

    '+ Ne)t Steps

    epartment of Transportation%

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    County of Fairfax, Virginia

    Funding Plan ,verviewStrategy for providing financial resources to pay fortransportation improvements in t/e Reston P/ase I*ompre/ensive Plan Amendment$ Approved Fe!ruary ""$%"#+

    01ears F1%"'2F1%'# 3# years4

    0Pro5ect priorities0Pro5ect *as/ Flows

    0*ost allocations

    epartment of Transportation-

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    County of Fairfax, Virginia

    Status of Funding Plan0 rafted6

    7 Pro5ects list

    7 Preliminary cost estimates$ in F1%"' dollars7 Potential revenue sources

    0 In evelopment6

    7 Pro5ect prioriti8ation7 *ost allocations

    epartment of Transportation #

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    County of Fairfax, Virginia

    Transportation Improvement *ategories

    "+ Reston2wide Improvements7 Road transportation improvements"3,verpasses$ 9idenings$

    :)tensions$ Interc/anges4 to en/ance connectivity

    7 Intersection improvements re;uired for ade;uate trafficoperations

    %+ Grid of local streets in Reston TSA areas

    7 :n/ance pedestrian and ve/icular circulation in$ around$ andt/roug/$ station areas

    epartment of Transportation'

    "All roadways will !e designed wit/ pedestrian facilities+ .any will also /ave !ike facilities+

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    County of Fairfax, Virginia

    epartment of Transportation?

    0Intersection Projects$=+

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    County of Fairfax, Virginia

    S/ared Funding SolutionsPu!lic and private investment in Reston is !ot/ critical and responsi!le for ensuring

    Reston@s future success+ 9/ile eac/ solution is uni;ue to t/e situation$ t/ere are a rangeof transportation funding mec/anisms availa!le+

    Pu/lic sector fundingwill come from federal$ state$ local$ and regional sources+0.ultiple sources wit/in eac/ category

    Pri0ate sector funding can come from6

    0Proffers

    0*as/ contri!utions$ Road Fund3per s;uare footper dwelling unit contri!utions4

    0In2kind *ontri!utions

    0Ta) istrictsService istricts andor

    0,t/er

    epartment of TransportationB

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    County of Fairfax, Virginia

    Pu!lic and Private Investment

    Pu/lic and pri0ate sources of re0enue identified to potentiall&fund plan include the follo%ing:

    0:)isting and /istorical funding sources t/at /ave !een allocated totransportation pro5ects

    0:)isting or potential funding sources availa!le to Fairfa) *ounty$ aspermitted !y law

    epartment of Transportation>

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    County of Fairfax, Virginia

    Pu!lic C Federal Revenue Sources

    epartment of TransportationD

    Congestion Mitigation ir 2ualit& 3CM24

    0Primarily for capital pro5ects t/at relieve congestion and improve air ;uality+

    0Allocated and approved annually !y t/e Nort/ern Eirginia Transportation Aut/ority3NETA4+

    Regional 5urface ransportation Program 3R5P4

    0*an !e used for many transportation capital improvements+

    0Allocated and approved annually !y NETA+

    6iscretionar& 'rant Programs

    0*ompetitive process$ not a predicta!le source of revenue+

    0Amount of funding varies !y cycle+

    0TIG:R 7 Transportation Infrastructure Generating :conomic Recovery+

    0Allocated !y S,T+

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    County of Fairfax, Virginia

    Pu!lic C Federal Revenue Sources

    epartment of Transportation "

    ttri/utes:0*an provide lump sum of revenue+

    0*an !e used to leverage ot/er sources of revenue+

    0*an provide fairly fle)i!le revenues$ e+g+$ RSTP+

    0Tend to increase overall pro5ect costs due to additional Federal re;uirements+

    0Tend to lengt/en overall pro5ect sc/edule to meet t/ese re;uirements+

    0Re;uires pro5ect funding agreements$ w/ic/ can !e a lengt/y process+

    0nrelia!lenpredicta!le due to competitive process for discretionary grants+

    5ource and 7stimated nnual llocation to Count&

    *ongestion .itigation Air uality 3*.A4 ="#.

    Regional Surface Transportation Program 3RSTP4 =">.

    iscretionary Grant Programs =NA

    otal 7stimated nnual llocation to Count& $!*M

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    County of Fairfax, Virginia

    Pu!lic C State Revenues Sources

    Re0enue 5haring

    0*an !e used for many transportation capital improvements+

    0Re;uires "H local cas/ matc/+

    0?etween ="' million and =% million can !e allocated and approved annually

    !y t/e *T?+0imited availa!ility$ =". ma) application per locality per year+

    0T/e state /as allocated appro)imately ="> million for t/e program in F1 %" and %"D7 =' million in F1 %% and %%"

    epartment of Transportation""

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    County of Fairfax, Virginia

    Pu!lic C State Revenues Sources8* and 81++9

    J? % provides for t/e development of a prioriti8ation process for pro5ects funded !y t/e*ommonwealt/ Transportation ?oard 3*T?4+

    0*onsiders congestion mitigation$ economic development$ accessi!ility$ safety$ and environmental;uality+

    0*T? weig/ts t/ese factors for eac/ of Eirginia@s transportation districts and can assign different

    weig/ts to t/e factors for various regions+0*ongestion mitigation must !e weig/ted /ig/est in Nort/ern Eirginia and Jampton Roads+

    J? ">>B created a new funding formula for t/e *ommonwealt/@s roadway construction pro5ects6

    0#'H of t/e funding goes to state of good repair+

    0%B+'H of t/e funding goes to state%ide high-priorit& projects program 3pro5ects of statewideimportance t/at will !e evaluated and selected using t/e J?% process4+

    0%B+'H of t/e funding to /ig/way construction district grant programs 3localities would compete forfunds under a regional version of t/e J?% process4+

    The County submits applications for both Statewide and District Grant programs, in accordance with

    Board priorities and the Programs requirements

    epartment of Transportation "%

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    County of Fairfax, Virginia

    Pu!lic C State Revenue Sources

    epartment of Transportation "-

    5ource and 7stimated nnual llocation to Count&

    Revenue S/aring ="

    3J?%J?">>B4 Statewide Jig/ Priority Pro5ects Program 3JPPP4 =NA

    3J?%J?">>B4 *onstruction istrict Grant Program 3*GP4 =NA

    otal 7stimated nnual llocation to Count& $1

    ttri/utes:0J? %J?">>B programs unpredicta!le due to competitive pro5ect selection process+0*an provide large sums of revenue$ e+g+ J?%J?">>B0*an !e used to leverage ot/er sources of revenue$ e+g+ J?%J?">>B$ Revenue S/aring+0Proposed reduction in Revenue S/aring funds may make it more difficult for *ounty to

    receive t/e same amount of funding as in years past+0se of State funds re;uires pro5ect funding agreements$ w/ic/ can !e a lengt/y process+

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    County of Fairfax, Virginia

    Pu!lic C ocal Revenue Sources

    epartment of Transportation "#

    'eneral Fund0T/e General Fund is t/e *ounty@s primary operating fund and supports all generalpurpose functions in t/e *ounty+0Revenues derived mostly t/roug/ real property and personal property ta)es+0Significant portion of General Fund revenues are transferred to finance ot/er countypriorities$ t/e pu!lic sc/ools 3F*PS4$ /uman services$ pu!lic safety$ and de!t service

    among ot/er t/ings+

    ttri/utes:0*urrently$ transfers are primarily for transit pro5ects0F1 %"< Transfers6

    7 *ounty Transit =-#+'.K7 .etro =""+-.K7 Transportation =B+>.K7 de!t2service on transportation related G+,+ ?onds NA+

    5ource and 7stimated nnual Re0enue to Count&

    General Fund Transfers to Transportation F1%"< ='-+

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    County of Fairfax, Virginia

    Pu!lic C ocal Revenue Sources

    epartment of Transportation "'

    Commercial and Industrial 3C;I4 a

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    County of Fairfax, Virginia

    Pu!lic C ocal Revenue Sources

    epartment of Transportation " !? @ocal 6istri/ution Funds

    0(> 9? Regional Re0enue Funds

    epartment of Transportation "B

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    County of Fairfax, Virginia

    Pu!lic C ocal Revenue Sources8*!1! - (> !? @ocal 6istri/ution Funds

    0-H of funds will !e distri!uted to t/e individual localities on pro2rata !asis fortransportation+

    0.ust !e spent on6 ur!an or secondary road constructionK capital improvements t/atreduce congestionK pro5ects included in NETA@s long2range planK or for pu!lictransportation purposes+0istri!uted mont/ly to t/e *ounty from NETAK *ounty receives a!out =#' millionannually+0Allocated to pro5ects !y t/e *ounty ?oard+

    ttri/utes:

    0Relia!le sources of revenue+

    0Fle)i!le source of revenue and can !e s/ifted !etween pro5ects to optimi8e availa!ility offunding+

    epartment of Transportation ">

    Source and :stimated Annual Allocation or Revenue to *ounty

    NETA -H ocal istri!ution Funds =#'.

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    County of Fairfax, Virginia

    Pu!lic C Regional Revenue Sources8*!1! - (> 9? Regional Re0enue Funds

    0BH will !e provided to t/e Nort/ern Eirginia Transportation Aut/ority 3NETA4 to !e used on67 Regional pro5ects included in TransAction %# or its updatesK and7 Pro5ects evaluated !y E,T for reducing congestion as re;uired !y J? 'DD 3%"%47 !"T# must gi$e priority to selecting pro%ects that are e&pected to pro$ide the greatest

    congestion reduction relati$e to cost of the pro%ect0Appro)imately =% million availa!le to !e allocated !y NETA eac/ year+

    ttri/utes:

    0*an provide large and small sums of revenue+

    0*ompetitive processK NETA BH not guaranteed due to limited amount of funds availa!le relating toamount re;uested+

    0,ver t/e long2term$ eac/ locality@s total long2term !enefit must !e appro)imately e;ual to t/e

    proportion of t/e total of t/e regional fees and ta)es attri!uta!le to t/e locality+0Pro5ects must meet specific re;uirements to !e eligi!le 3no maintenance$ inclusion in regional plan$etc+4

    epartment of Transportation "D

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    County of Fairfax, Virginia

    Pu!lic C ,t/er Revenues

    5ales a

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    County of Fairfax, Virginia

    Pu!lic C ,t/er Revenues

    Real-estate ta< 3/ase rate4:="+D=" assessed valueK ?oard of Supervisors /asaut/ority to annually amend and adopt a new ta) rate+ An increase of " cent couldgenerate appro)imately =%%. in additional revenues in F1%"

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    County of Fairfax, Virginia

    Pu!lic C ,t/er RevenuesMeals aM4: Ta) on miles traveled !y ve/icles registered in Fairfa) *ounty+ T/e*ounty currently does not /ave a fee on E.T+ T/is would affect !usinesses and residents wit/ ve/iclesregistered in Fairfa) *ounty+ Re;uires General Assem!ly aut/ori8ation to enact+

    epartment of Transportation %%

    Potential nnual Re0enue to Count&

    .eals Ta) at "H rate =%%+'.L

    .eals Ta) at #H rate =D.L

    L?ased on calendar year %"- ta)a!le sales at

    Food and rink Places in Fairfa) *ounty

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    County of Fairfax, Virginia

    Pu!lic Sources of Revenue:stimated annual pu!lic funds to *ounty for transportation, Count&-%idefrom sources discussed6

    8o%e0er, pu/lic funding for Reston Funding Plan projects ma& not /e readil& a0aila/le untilF**1:

    0.ost of t/e pu!lic sources of revenue /ave already !een committed to pro5ects in t/e ?oard@s Si)1ear Transportation Pro5ect Priorities 3TPP4 for F1%"'2F1%%$ w/ic/ includes a!out ="%+'. forTR overpasses 3planning level funding only4 t/at are included in t/e Reston Funding Plan+

    0Fairfa) *ounty !ond packages are planned to fund specific pro5ects+ T/is means t/at all previous!ond aut/ori8ations were planned for or are o!ligated to specific pro5ects+

    0:ven after F1%%"$ pu!lic funds for transportation must !e programmed to pro5ects t/roug/out*ounty+ :)ample6 Some of t/e pu!lic sources /ave !een committed to t/e Tysons funding plant/roug/ %' or pro5ects initiated during F1%"'2%% timeframe+

    Additional funding from private sources of revenue required to fully fund projects in Reston.

    epartment of Transportation %-

    Federal =-%$$State ="$$Regional =D$$ocal ="B"$$

    otal 7stimated nnual Pu/licFunds to Count& for ransportation $!!,,

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    County of Fairfax, Virginia

    Private C Proffers*ontri!utionsProffers

    0Eoluntary commitment !y landownersdevelopers to perform an act or to donate money$land$ services or products to addressoffset impact3s4 arising from t/eir proposedre8oning+

    Proffers may !e offered to offset pu!lic facility costs via two met/ods6

    1Cash Proffer: money voluntarilyprofferedin a writing signed !y t/e owner of propertysu!5ect to re8oning$ su!mitted as part of a re8oning application+

    7 Funding can !e pooled from multiple re8onings to fund one or more pro5ects e+g+Road Fund+

    *In-)ind Contri/ution: pro5ects completed !y t/e developer seeking re8oningK7 ,n2Site6 Improvements directly connected andor needed for redevelopment+

    7 ,ff2Site6 Improvements not directly connected andor needed for redevelopment+

    epartment of Transportation %#

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    County of Fairfax, Virginia

    Private C Road FundIn2Mind *ontri!utions

    :)ample6 evelopers provide in2kind contri!utions and contri!ute to two funds to pay forTysons improvements over # years+

    Grid of Streets 3=>

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    County of Fairfax, Virginia

    Private C Service istrict5er0ice 6istrict:0Fund transportation improvements located wit/in a defined geograp/ic area+0oes not re;uire landowner approval$ approved and esta!lis/ed !y t/e ?oard of Supervisors+0Tysons Service istrict will fund appro)imately =%'-. wort/ of improvements or ' percent ofTysons29ide Road Improvements+ Rate in F1%"< is =+' per =" of assessed real estate value+?oundary is generally consistent wit/ t/e Tysons *orner r!an *enter+

    ttri/utes:0Relia!le source of revenue0?onda!le

    0Applies to !ot/ residential and commercial property

    0Imposed !y t/e ?oard of Supervisors

    epartment of Transportation %

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    County of Fairfax, Virginia

    Tysons2wide *ost Allocation .odelIn (une %"$ staff recommended to t/e Tysons su!2committee a cost allocation !asedon local and t/roug/ traffic as follows6

    Tysons2wide pro5ect costs s/ould !e a s/ared responsi!ility !etween t/e pu!lic andprivate sectors+

    T/e cost s/are s/ould !e allocated !ased upon t/e ratio of t/roug/ 3-'H4 and local3".46

    Private Sector -%+'H 3$*!M4

    Pu!lic Sector

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    County of Fairfax, Virginia

    Tysons2wide *ost Allocation .odel

    In ecem!er %"$ t/e updated funding plan for %' includedadditional pro5ects totaling ="+%>?+

    0T/e Tysons su!2committee recommended a more e;uita!le cost

    allocation model t/at also included %' pro5ects+0Staff worked in cooperation wit/ t/e Tysons Partners/ip over manymeetings arrived at a cost allocation model !ased on a D" split3discussed in t/e ne)t slide4+

    0In (une %"%$ staff returned to t/e su!2committee wit/ t/e D" split

    allocation 3discussed in ne)t slide4$ w/ic/ t/e su!2committeedetermined to !e a correct !asis for an appropriate allocation+

    epartment of Transportation -%

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    County of Fairfax, Virginia

    Tysons2wide *ost Allocation .odel

    &sons-%ide Road Impro0ements

    Pro5ects6 T/ese are larger pro5ects$ suc/ as new ramps$ new roads$ andwidening e)isting roads+

    Total6 ="$%>$$

    epartment of Transportation--

    3$mil4 Pu/lic Pri0ate otal Pu/lic 3?4 Pri0ate 3?4

    ,utsideTysons

    =

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    County of Fairfax, Virginia

    Tysons *ost Allocation .odel

    &sons-Wide ransportation Fund 3Pri0ate @ando%nerA6e0elopercontri/utions4 3$#M4:0ORoad Fund 3=%'-4 2 eveloper contri!utions to a per s;+ ft+per unit fund

    7 Rates are su!5ect to annual inflation ad5ustment !ased on *PI0Service district 3=%'-4

    7 O.odified ?ell *urve model to meet =%'-. need+7 Rates6 =+# in F1 %"#$ =+# in F1 %"'$ and =+' in F1 %"

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    County of Fairfax, Virginia

    Tysons Transportation Funding Allocation

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    County of Fairfax, Virginia

    Reston Potential *ost Allocation0 Reston2wide Improvements 3="+-#'?4

    7 ,utsideInside

    7 ,utside to !e primarily funded !y pu!lic sector

    7 Inside to !e primarily funded !y private sectorcontri!utions

    0 Grid Network 3="+%>#?4

    7 Primarily funded !y private sector contri!utions

    0 Total funding plan6 =%+

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    County of Fairfax, Virginia

    Ne)t Steps

    0 Advisory group feed!ack on potential revenue sources$including ot/ers t/at s/ould !e evaluated

    0 evelopment of proposed funding plan to include cost

    allocations !etween pu!lic and private sector0 ,utreac/ to stake/olders and pu!lic

    0 Revise plan !ased on feed!ack received

    0 S/are proposed funding plan wit/ ?oard Transportation

    *ommittee0 Seek ?oard of Supervisors approval

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    County of Fairfax, Virginia

    *ommentsuestions

    epartment of Transportation->

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    County of Fairfax, Virginia

    *ontact Information

    For Guestions and comments please contact:

    (anet Nguyen(anet+Nguyenfairfa)county+gov

    Ray (o/nson

    *arroll+(o/nsonfairfa)county+gov