Draft FY 2026-2031 Consolidated Transportation Program (CTP) Page Two
• Decrease in the Allocated and Unallocated Reserves by $55.4 million (Attachment #1 – Line 5). FY 2025 expenditures were $584.6 million vs. $765.5 million in the Final FY 2025-2030 CTP (Attachment #1 – Line 7). FY 2025 underspending was $180.9 million and has been rolled over into the Draft FY 2026-2031 CTP. Highlights of project and reserve changes incorporated in the proposed Draft FY 2026-2031 CTP are shown in Attachment #2. Added New Projects Added eight system preservation projects and one environmental project for a net increase of Adjusted one project to reflect bid received lower than Engineer’s Estimate for a decrease of $681 thousand in total cost of the project and a net increase of $1.9 million in the FY 2026-2031 period. Added Construction Phase The construction phase of four projects was funded for a total of $33.2 million transferred from the reserves as design reached 60% level and cost estimates were developed on fully developed scopes. Modified Budgets to Reflect Completed Projects Six projects were completed or deleted for a net decrease of $828 thousand in the FY 2026-2031 period. Modified Active Projects Due to Cost Changes and Cash Flow Adjustments Adjusted cash flows and funded changes in engineering and/or construction budgets for seventy- three projects for a net budget increase of $112.1 million in the FY 2026-2031 period. Reserve Changes The allocated reserves had a net decrease of $56.3 million, and the unallocated reserves increased by $899 thousand for a net decrease of $55.4 million in the FY 2026-2031 period. $53.9 million in the FY 2026-2031 period. Modified Budgets to Reflect Bids Received ATTACHMENTS • Attachment #1 – CTP Comparison Tables - Draft FY 2026-2031 CTP v Final FY 2025-2030 CTP • Attachment #2 – Changes from Final FY 2025-2030 CTP to Draft FY 2026-2031 CTP Attachment #3 – Where are the Projects? • Attachment #4 – What are the Categories of Projects?
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