Presentation from Assistant City Manager Jeff Kersten on possible ways to pay for College Station's most-pressing transportation needs.

1. Transportation Funding SourcesTransportation Funding Sources
and Alternativesand Alternatives
July 9, 2015July 9, 2015

2. OutlineOutline
Current Funding Sources and UsesCurrent Funding Sources and Uses
– Maintenance of Existing InfrastructureMaintenance of Existing Infrastructure
– New ProjectsNew Projects
Additional Potential Funding SourcesAdditional Potential Funding Sources

3. Current Funding - MaintenanceCurrent Funding - Maintenance
of Existing Infrastructureof Existing Infrastructure
SourcesSources
– General FundGeneral Fund
UsesUses
– Street Maintenance BudgetStreet Maintenance Budget $4,069,696$4,069,696
– Traffic Signal BudgetTraffic Signal Budget 896,042896,042
– Traffic Signs and MarkingsTraffic Signs and Markings 367,175367,175
– Total $5,332,913Total $5,332,913

4. Current Funding – New ProjectsCurrent Funding – New Projects
General Obligation BondsGeneral Obligation Bonds
– Approved by votersApproved by voters
– 2008 GO Bonds authorized for transportation2008 GO Bonds authorized for transportation
totaled $48,750,000.totaled $48,750,000.
– Traditional way transportation capital projectsTraditional way transportation capital projects
have been funded.have been funded.

5. Current Funding – New ProjectsCurrent Funding – New Projects
Certificates of ObligationCertificates of Obligation
– Similar to GO bonds, but does not requireSimilar to GO bonds, but does not require
voter authorization.voter authorization.
– $6.94 million issued in 2014 for transportation$6.94 million issued in 2014 for transportation
projects.projects.
– Can be issued when new or unanticipatedCan be issued when new or unanticipated
projects are needed.projects are needed.

6. Current Funding – New ProjectsCurrent Funding – New Projects
General FundGeneral Fund
– Existing resources may be available to pay forExisting resources may be available to pay for
transportation projects.transportation projects.
– In current year approximately $900,000 usedIn current year approximately $900,000 used
for Transportation projects.for Transportation projects.
– Funds may not always be available.Funds may not always be available.

7. Current Funding – New ProjectsCurrent Funding – New Projects
TxDOTTxDOT
– Pays for transportation projects on StatePays for transportation projects on State
roadwaysroadways
– City participates in land acquisitionCity participates in land acquisition
– City may pay for design costs for someCity may pay for design costs for some
projectsprojects
Barron Road overpassBarron Road overpass
Rock Prairie Road BridgeRock Prairie Road Bridge

8. Current Funding – New ProjectsCurrent Funding – New Projects
Sale of AssetsSale of Assets
– Funds may be utilized from 1 time sale ofFunds may be utilized from 1 time sale of
assetsassets
– $1.1 million from sale of First Street property$1.1 million from sale of First Street property
used for transportation projectsused for transportation projects
Design of Francis and Graham rehabilitationDesign of Francis and Graham rehabilitation
Additional rehabilitation and repairsAdditional rehabilitation and repairs

9. Current Funding – New ProjectsCurrent Funding – New Projects
GrantsGrants
– CDBG funding has been used forCDBG funding has been used for
transportation projectstransportation projects
Cooner Street rehabilitationCooner Street rehabilitation

10. Current Funding – New ProjectsCurrent Funding – New Projects
Street Oversized ParticipationStreet Oversized Participation
– This funding enables the City to share theThis funding enables the City to share the
costs of roadway improvements beingcosts of roadway improvements being
constructed with private developmentconstructed with private development
projects.projects.
– City pays for cost of additional capacity toCity pays for cost of additional capacity to
meet thoroughfare plan requirements.meet thoroughfare plan requirements.

11. Current Funding – New ProjectsCurrent Funding – New Projects
DevelopmentDevelopment
– Developments are required to build andDevelopments are required to build and
dedicate roads to serve their developmentdedicate roads to serve their development
and to comply with thoroughfare dedications.and to comply with thoroughfare dedications.

12. Potential Funding SourcesPotential Funding Sources
Transportation User FeeTransportation User Fee
– Fee used to pay for transportationFee used to pay for transportation
improvements.improvements.
– Could be added to monthly utility billCould be added to monthly utility bill
– $2.50 per month generates approximately$2.50 per month generates approximately
$1,000,000 per year.$1,000,000 per year.

13. Potential Funding SourcesPotential Funding Sources
Street AssessmentsStreet Assessments
– Levied based on the City being able toLevied based on the City being able to
demonstrate enhanced value to adjoiningdemonstrate enhanced value to adjoining
property.property.
LongmireLongmire
HollemanHolleman

14. Potential Funding SourcesPotential Funding Sources
Road Impact FeesRoad Impact Fees
– City is permitted to levy impact fees toCity is permitted to levy impact fees to
partially reimburse the City for construction ofpartially reimburse the City for construction of
roadways identified on the Thoroughfare Plan.roadways identified on the Thoroughfare Plan.
– Only viable for projects where there isOnly viable for projects where there is
sufficient unplatted land in the impact fee areasufficient unplatted land in the impact fee area

15. Potential Funding SourcesPotential Funding Sources
Tax Increment FinancingTax Increment Financing
– Cost of improvements is repaid by future taxCost of improvements is repaid by future tax
revenues by each entity that levies taxesrevenues by each entity that levies taxes
against the property.against the property.
Wolf Pen CreekWolf Pen Creek
Consideration for DartmouthConsideration for Dartmouth

16. Potential Funding SourcesPotential Funding Sources
Hotel Tax FundsHotel Tax Funds
– CanCan onlyonly be used to transport tourists frombe used to transport tourists from
hotels in and near the City to certainhotels in and near the City to certain
destinations.destinations.
Commercial center of the CityCommercial center of the City
Convention centerConvention center
Other hotelsOther hotels
Tourist attractionsTourist attractions

17. Council DiscussionCouncil Discussion
and Directionand Direction