Master Transportation Plan Finance and Fiscal Forecast
Table 8: Average Annual Revenue Fund Description
Funding Years Historical Project Expenditure
Average Annual Revenue
General Capital Projects
7 years (2019–2025) 8 years (2018–2025) 8 years (2018–2025) (2019–2025) 8 years (2018–2025) 6 years (2020–2025) 11 years (2015–2025) 10 years (2016 – 2025)
$404,446,055
$44,938,451
Intergovernmental Contribution
$131,881,368
$8,242,585*
Grants Capital Projects, Federal
$137,510,287
$17,188,786
Transportation Impact Fee Cap 7 years
$99,035,814
$14,147,973
Grants Capital Projects, State
$44,149,559
$6,881,949
Developer Contribution
$41,377,821
$6,896,304
Transportation Impact Fee Capital Legacy General Gas Lease Capital
$35,999,699
$3,272,700
$3,769,341
$376,934
Total $101,945,682 Note: Intergovernmental revenues for transportation were derived in large part by receipt of Tarrant County transportation bonds, according to City Public Works. Given the uncertain timing of these bonds due to an observed gap between the last few county bond programs (2006 and 2021), for forecast purposes the annual average revenue assumes a 50 percent reduction from historical amounts to account for the potential decline in this funding source relative to recent receipts. Source: City of Fort Worth for historic expenditure by fund; AECOM $898,169,944 Given that the historic revenues generally ebbed and flowed year by year, in applying a conservative assumption, the funding average included years that did not show any revenue. This average was the case, as examples, for federal grants, impact fees, and developer contribution over their respective time frames. The revenue forecast runs through 2039 to match the 2034 bond cycle. An assumption of alternating annual escalation of 3.5 percent and 4.5 percent for the revenue is made for the period from 2026 through 2039. The amounts are summarized by the following 4-year or 5-year groupings, which keep with the general increments coinciding with each bond cycle, and reduce double counting in those years of overlapping bond program issues.
The forecast for other transportation revenues totals $1.9 billion, as shown in the table below.
www.MovingaMillion.org | transportation@fortworthtexas.gov page 6
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