1. Roads Capital Improvements
Public Works Department
Roads Capital Improvements
March 24, 2015
Roads CIP

2. Roads Planned Capital Improvements Evaluation of cash flow
Proposed loan to Roads Fund

3. Roads Funding County General Fund Other sources
Strategic Financial Plan
$ used as match for grants
Other sources
Discussed in staff report

4. Summary of Grant Programs
Funding source
Total project cost
Grant amount
Local match
“Return on Investment”
Project
OBAG
1,583,000
793,811
789,189
1.01
Trail H
PCA
4,041,000
1,250,000
2,791,000
0.45
Trail G, safety
HSIP
695,600
622,700
72,900
8.54
Friction, guardrail
FLAP 1
9,541,000
7,632,800
1,908,200
4.00
BK Rd 1
HBP
10,396,750
10,335,053
101,842
101.48
Bridges
TDA
1,320,000
560,621
759,379
0.74
Mt. Veeder
RTIP
1,916,000
1,331,500
584,500
2.28
Airport Bl.
FLAP 2
4,803,600
3,842,880
960,720
BK Rd 2

5. Recent Changes Declining gas tax revenue
Varying local match requirements
Increasing environmental mitigations
Cost of doing business

6. Deferred Projects Silverado Trail Phase H Countywide Chip Seal Program
Mount Veeder Road (TDA)
Trancas/Milliken Stone Bridge
Airport Boulevard
MST and Carneros pipeline routes
Eucalyptus removal

7. Proposed loan 3 projects account for majority of shortfall
Oakville Crossroad
Greenwood Culvert
Silverado Trail Phase G
Savings in some areas
Loan $3.5M from ACO

8. Recommendation Adopt resolution authorizing loan
Approve budget transfer

9. Questions?