City Council Study Session Agenda and Packet 2018 01 09

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SUBJECT: DATE: TRANSPORTATION FUNDING UPDATE JANUARY 9, 2018 PAGE 2 OF 5 Increase reliability of existing multimodal transportation network Improve transportation safety & security Of the $280 million available for the upcoming TIP, $50 million in program/project "set - asides" are first deducted to support the TDM pool (Transportation Demand Management), human service transportation (which is a new set-aside), air quality (for projects like charging stations and GPS in Louisville fleet vehicles), community mobility planning & implementation (small infrastructure) and operations & technology (for projects like our McCaslin traffic light improvements). These set-aside dollars also support organizations like Commuting Solutions, Via and programs like Way to Go, and the city is able to apply for many of the programs which are funded through the set- aside. The remaining $230 million (less any Regional commitments for projects that have yet to be approved by the Board, including $25 million for 1-70 reconstruction) will then go towards Regional and Subregional shares. The exact percentage distribution between Regional/Sub-regional pots has also not yet been determined, and may include 50%- 50%, 30%-70%, 10%-90% or some other distribution split. The TIP working group has developed a proposed framework for Regional share eligibility (yet to be approved by DRCOG), which suggests that eligible projects must be included in the fiscally constrained 2040 Metro Vision Regional Transportation Plan (2040 MVRTP), and may include Regional Rapid Transit, key multi -use trails and regional corridors, freeways and major regional arterials, regional managed lanes, at - grade rail seperations, and studies. The rules will likely require a local match (or maximum contribution from federal funding) as well as a limit on the number of projects that each subregion may submit for the Regional share. The DRCOG board will approve the eligibility rules for the Regional shares and guidelines for Subregional shares, as well as the funding split, in early 2018. Concurrently, in anticipation of a Board decision to bifurcate the funding into Regional and Subregional Shares, staff from Boulder County and each of the municipalities have been meeting to discuss the structure and process for a local Subregional funding distribution. DRCOG has indicated that other counties have already set up a structure, and have an IGA in place, and will be ready to advance projects for both Regional and Subregional consideration by the Board. Boulder County has offered to serve as the coordinator of this process, given that DRCOG has not formally committed to providing the coordination and administrative services necessary to support the work that will need to occur within each local subregion. The role of the group is yet to be determined, but at this time it's likely that the DRCOG representative from each of the municipalities will sit on the subregional committee, with CITY COUNCIL COMMUNICATION 3