Master Transportation Plan Finance and Fiscal Forecast
This appendix compiles a review of transportation funding sources and financial tools for five U.S. cities—Phoenix, Arizona; Austin, Texas; Columbus, Ohio; San Antonio, Texas; and Charlotte, North Carolina—to identify patterns, trends, and mechanisms that support capital and operational investments in transportation infrastructure. The purpose of this section is to research potential revenue sources and funding mechanisms for the City of Fort Worth. The study categorizes these funding into local, regional, state, and federal sources, highlighting revenue streams such as dedicated sales and property taxes, special districts fees, and state fuel tax distributions, alongside competitive grant programs and intergovernmental partnerships. The analysis also documents the financial mechanisms used to deploy these resources, including GO Bonds, revenue bonds, COs, PAYGO funding, and other financing models. Funding sources and financial tools were identified through a review of publicly available city budget documents and Capital Improvement Program (CIP) reports for each of the five cities. These sources provided detailed line items, funding breakdowns, and project allocations that were analyzed to determine the origin of funds (local, regional, state, or federal) and the financial mechanisms used to apply them. Definitions of each funding source and tool were extracted or adapted from the cities’ own descriptions, ensuring consistency. The summary of findings was standardized across cities for comparison and identification of common trends. The funding sources examined in this memo primarily support capital improvement projects, with operating revenues referenced where relevant throughout the analysis. Summary of Findings on Revenue Sources Table 16 outlines the primary trends and commonalities in transportation funding for each of the cities reviewed. The table highlights how the cities leverage a mix of local, regional, state, and federal sources , along with financing tools, to support both day-to-day operations and capital projects. The funding mechanisms range from dedicated taxes and user fees to competitive grants, formula allocations, and debt issuance.
City-by-City Analysis of Potential Funding Sources Phoenix, Arizona
The City of Phoenix’s Street Transportation and Drainage Program is financed through a mix of local, regional, state, and federal funding sources, complemented by various financial mechanisms. Financial tools include the voter-approved 0.7 percent Transportation 2050 sales tax, Highway User Revenue Funds (state gas tax), impact fees, general fund allocations, and 2023 GO Bonds. External support comes from grants provided by federal, state, and regional partners, such as the Maricopa Association of Governments and Arizona Department of Transportation.
www.MovingaMillion.org | transportation@fortworthtexas.gov page 16
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