Master Transportation Plan Finance and Fiscal Forecast
Funding Source
Funding Mechanism federal aid transfers
Funding Source/ Financial Tools
Trends and Commonalities
Transportation Alternatives Set-Aside (TASA), American Rescue Plan Act (ARPA), Federal Transit Administration, (FTA) Federal Aviation Administration (FAA) grants Metropolitan Planning Organizations (MPOs), transit agency partnerships with independent transit systems Debt, taxes/fees, grants, partnerships, innovative finance (Synthetic Tax Increment Grants [STIGs], Income Tax Set-Aside [ITSA])
requires alignment with federal priorities
Regional Coordination
Shared revenue agreements, regional sales taxes, and joint capital planning Combination of multiple mechanisms to balance funding sources
Regional bodies act as a path for certain funds and must align with regional plans
Diversified Tools
Mixture of tools provides resilience from economic downturns and political changes
*RAISE = Rebuilding American Infrastructure with Sustainability and Equity, now BUILD = Better Utilizing Investments to Leverage Development Source: Cities Reviewed and AECOM
www.MovingaMillion.org | transportation@fortworthtexas.gov page 13
Made with FlippingBook - professional solution for displaying marketing and sales documents online