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GDOT’s Funding Issues

GDOT’s Funding Issues. GDOT Fund Sources. Financial Constraints. Motor Fuel Collections Comparison FY07 - FY10. Amended FY 2010 Motor Fuel Request. $910,420,807 ( Audited Collections for FY 2009).

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GDOT’s Funding Issues

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  1. GDOT’s Funding Issues

  2. GDOT Fund Sources

  3. Financial Constraints

  4. Motor Fuel Collections Comparison FY07 - FY10

  5. Amended FY 2010 Motor Fuel Request $910,420,807 (Audited Collections for FY 2009) Additional funding is needed in general operations to provide funding for emergencies, mowing, routine maintenance, etc.

  6. FY 2011 Motor Fuel Request $829,000,000 (Estimated Collections for FY 2010)

  7. State General Fund ComparisonFY08 through FY10

  8. These reductions are unsustainable if we want to maintain and expand our transportation system and enhance safety for those traveling our roadways. • Deferred Routine Maintenance of Roads & Bridges • Lost 9.2% of our workforce since July 08 that we have not replaced • Furloughs one day per month- All employees • Eliminated equipment and vehicle purchases- Emergency purchases only • Reduced frequency of mowing by two thirds • No career ladder promotions, no certification increases • No emergency funding for severe weather • No reserve funding for Quick Response Emergency Repairs What we’ve done

  9. Number of Employees A total decrease of 530 employees (9.2%)since July of 2008 Current Authorized Staffing Level 6114 FY 10 – 5,851 Jul-01 Jul-00 Jul-02 Jul-03 Jul-04 Jul-05 Jul-06 Jul-07 Jul-08 Jul-09 Aug-09 Sep-09 *This number is based on the number of employees excluding temps

  10. Gordon County I-75

  11. Cherokee –SR 200

  12. I75 @ Red Top Mountain Road

  13. SR 85 MP 45 Clayton County

  14. Gradually transfer GO Bond Debt service to State General Fund • Redirect the 1% Sales and Use Tax from State General Fund • 1% Regional Sales Tax • 1% Statewide Sales Tax Things to Consider

  15. State Motor Fuel Fund Made Available Gradual Reduction of GO Bond Debt Service $44.9M $89.9M $134.9M $179.8M $224.7M 1 yr 2 yr 3 yr 4 yr 5 yr 6 yr *At current GO Bond Debt level

  16. Gradual Transfer of 1% Prepaid Sales and Use Tax Current FY 09 Sales and Use Tax 3% Motor Fuel Funds Revenues Future Year Sales and Use Tax with 1% Redirection $913 M $1.078 B *Based on Department of Revenue data, estimated interest at 3.2% 1% Prepaid Redirection w/ 25% Gradual Transfer Represents a $160.4 M increase (in FY 10 collections) $160.4M $120.3M $80.2M $40.1M

  17. 1% Regional Sales Tax by MPO • Numbers reflect 2007 Motor Fuel collection data $9,771,037 Total Statewide MPO Collections Annually: $1,275,880,855 $19,595,687 $29,961,786 $16,244,518 $29,961,786 $917,533,386 $33,189,927 $44,492,035 $63,874,792 $22,229,878 $22,217,016 *CY 2007 Sales Tax Data provided by the Georgia Department of Revenue. ** MPO revenue analysis provided by GDOT. *** Estimate of county MPO percentages are based on current MPO map provided by GDOT Planning $7,772,391 $20,136,189 $22,718,928 $22,058,564

  18. 1% Statewide Sales Tax *Information provided by IT3

  19. QUESTIONS?

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