Miami-Dade 2040 LRTP - Oct. 23, 2014

Appendices MIAMI-DADE LONG RANGE TRANSPORTATION PLAN UPDATE TO THE YEAR 2040 EYES ON THE FUTURE | C-7 6 noitatropsnarT fo tnemtrapeD adirolF FDOT districts developed metropolitan estimates consistent with district shares of the statewide forecast, adjusted as needed to account for issues such as metropolitan area boundaries (e.g., differences between metropolitan area boundaries and county boundaries). The estimates for this metropolitan area are included in Table 4. Table 4a contains estimates of TMA funds. Table 4 Metropolitan Area Capacity Program Estimates State and Federal Funds from the 2040 Revenue Forecast (Millions of Dollars) Estimate for Miami-Dade Metropolitan Area Capacity Programs* 5-Year Period (Fiscal Years) 22-Year Total 2019-2020 2021-25 2026-30 2031-40 2019-2040 SIS Highways Construction & ROW 410.3 373.5 2,372.0 3,591.6 6,747.4 Other Arterials Construction & ROW 192.0 428.7 405.3 886.8 1,912.8 Transit 93.6 240.9 253.3 531.1 1,118.8 Aviation N/A N/A N/A N/A N/A Rail N/A N/A N/A N/A N/A Seaports N/A N/A N/A N/A N/A Intermodal Access N/A N/A N/A N/A N/A Total Capacity Programs 695.9 1,043.1 3,030.6 5,009.5 9,779.0 * Notes: ˜ Estimate for 2014 through 2018 are contained in the FDOT Adopted Work Program. ˜ No metropolitan estimates for Aviation Rail, Seaport Development and Intermodal Access programs for years beyond 2018 have been developed. ˜ Sources for SIS Highways Construction & ROW: SIS Approved 2nd 5-Year Plan, 2040 SIS Cost Feasible Plan. ˜ SIS Highways Construction & ROW includes Local Funds and State Managed P3 Funds. Table 4a Transportation Management Area (TMA) Funds Estimates State and Federal Funds from the 2040 Revenue Forecast (Millions of Dollars) Miami-Dade Metropolitan Area 5-Year Period (Fiscal Years) 22-Year Total 2 2019-20 1 2021-25 2026-30 2031-40 2019-2040 TMA Funds 67.1 167.9 167.9 335.7 738.6 1 Estimate for 2014 through 2018 are contained in the FDOT Adopted Work Program. 2 Rows sometimes do not equal the totals due to rounding. Annually, up to $541.75 million may be appropriated from proceeds from the Documentary Stamp Tax 3 for several major state transportation programs. These funds are distributed – according to formulas defined in state law – to the SIS, the Transportation Regional Incentive Program (TRIP), the New Starts Transit Program, and the Small County Outreach Program. 3 Documentary Stamp Tax proceeds for transportation declined substantially with the collapse of the housing market and have since gradually increased. The 2040 Revenue Forecast assumes that proceeds for transportation programs will gradually increase and level off at approximately $350 million each year.