1. The Virginia Department of Transportation Infrastructure Assets ( The data presented is for illustration purposes only ) November 8, 2000

2. What Will Be Covered Today VDOT’s reporting responsibility under GASB34. Assumptions used in determining infrastructure value. Valuing the Infrastructure Depreciation Data available to cities and counties in computing their infrastructure value. Reporting urban construction data on completed projects to cities.

3. The Infrastructure VDOT will Report 1. The Interstate and Primary system of roads and bridges will be reported on VDOT’s financial statements. Why - VDOT has jurisdiction and control over these roads and ownership is clear. 2. The Secondary system of roads and bridge will be reported on VDOT’s financial statements. Why - While VDOT has the jurisdiction and control over these roads, the ownership is unclear in many cases. When ownership is unclear GASB states that the entity providing the maintenance should report the roads.

4. The Infrastructure VDOT will Report 3. The state designated and maintained roads on a state college, university, or a state agency campus will be reported on VDOT’s financial statement. A state designated road is a roadway system that has a state route number. Why - While VDOT has the jurisdiction and control over these roads, the ownership is unclear in many cases. When ownership is unclear GASB states that the entity providing the maintenance should report the roads.

5. The Infrastructure VDOT will not Report 1. Urban system of roads and bridges will not be reported on VDOT’s financial statement. Why - VDOT does not have jurisdiction and control over these roads and bridges. These roads are deeded to the cities when the construction project is completed.

6. The Infrastructure VDOT will not Report 2. The Urban extensions will not be reported on VDOT’s financial statement. Urban extension are defined as primary roads within the city boundaries. These roads should be reported by the city. Why - VDOT does not have jurisdiction and control over these roads.

7. The Infrastructure VDOT will not Report 3. Roads owned and maintained by a college, university or state agency will not be reported on VDOT’s financial statement (e.g. The Department of Corrections and Department of Mental Health, etc). It is possible that these roads should be reported by the college, university or state agency. Why - VDOT does not have jurisdiction and control over these roads.

8. The Infrastructure VDOT will not Report 4. VDOT will not report private roads and bridges maintained by other entities such as other cities, counties and private companies. Examples: 1) Access roads to a shopping center. 2) Roads within the county courthouse complex. Why - VDOT does not have jurisdiction and control over these roads. Also, VDOT does not own nor maintain these roads.

9. Exceptions to the Guidelines for VDOT Infrastructure Reporting 1. According to VDOT’s guidelines for reporting infrastructure, roads and bridges in the secondary system will be reported by VDOT. The guidelines assume VDOT performs the maintenance. Arlington and Henrico County elected to maintain their roads; therefore, VDOT will not be reporting these roads on its financial statements.

10. Exceptions to the Guidelines for VDOT Infrastructure Reporting 2. The city of Suffolk encompasses the entire county of Nansemond. However, the city only maintains and controls the streets within the Suffolk City proper. The roads outside the city proper are treated and classified as secondary roads. VDOT will report these roads on its financial statements.

11. Assumptions Used in Determining Infrastructure Value 1. Right of Way Weighted Average Width per Mile of Road Systems Weighted Average Interstate 265 feet Primary 90 feet Secondary 50 feet Urban 50 feet

12. Assumptions Used in Determining Infrastructure Value 2. Right of Way average cost per acre is $13,608. Each city or county may want to use a value computed for their area as opposed to using the statewide average.

13. Infrastructure Value Determining the secondary system inventory value

15. Determining the Right of Way Inventory Value Valuing the Infrastructure * A similar approach was used for the interstate and primary system

17. VDOT’s Infrastructure Value for all Systems

18. Depreciation Estimated life of a road is 30 years. Estimated life of a bridge is 50 years. Straight line depreciation method used. Assets depreciated as though they were held the entire year. Example of depreciating the secondary system.

19. Depreciation for Road and Bridge Inventory

21. Infrastructure Data Resources Available to Cities and Counties Public structure maintained by others. VDOT can advise if a road was reported by VDOT. This will help ensure 100% coverage.

22. VDOT’s assumption for constructing a lane mile of road, square foot of bridge, and box culvert. Infrastructure Data Resources Available to Cities and Counties System $Factors Interstate$ 1,874,055 Primary$ 768,627 Secondary$ 237,208 Urban Asphalt $ 771,742 Urban Concrete$ 898,886 Bridge$ 75 per square foot Culverts$ 100 per square foot

23. Infrastructure Data Resources Available to Cities and Counties, contd. VDOT’s GASB34 reporting rules for infrastructure. The Interstate and Primary system of roads and bridges will be reported on VDOT’s financial statements. The Secondary system of roads and bridge will be reported on VDOT’s financial statements. The state designated and maintained roads on a state college, university, or a state agency campus will be reported on VDOT’s financial statement.

24. Urban system of roads and bridges will not be reported on VDOT’s financial statement. The Urban extensions will not be reported on VDOT’s financial statement. Urban extension are defined as primary roads within the city boundaries. These roads should be reported by the city. Roads owned and maintained by a college, university or state agency will not be reported on VDOT’s financial statement (e.g. The Department of Corrections and Department of Mental Health, etc). It is possible that these roads should be reported by the college, university or state agency.

25. VDOT will not report private roads and bridges maintained by other entities such as other state agencies, cities, counties and private companies. According to VDOT’s guidelines for reporting infrastructure, roads and bridges in the secondary system will be reported by VDOT. The guidelines assume VDOT performs the maintenance. Arlington and Henrico County elected to maintain their roads; therefore, VDOT will not be reporting these roads on its financial statements.

26. The city of Suffolk encompasses the entire county of Nansemond. However, the city only maintains and controls the streets within the Suffolk City proper. The roads outside the city proper are treated and classified as secondary roads. VDOT will report these roads on its financial statements.

27. Infrastructure Data Resources Available to Cities and Counties, contd. Urban system mileage report

28. Urban system mileage report.