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ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must.

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Presentation on theme: "ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must."— Presentation transcript:

1 ARRA Update All funds were obligated by 9-30-10 Of the funds programmed with FHWA, 80% has been expended Allowance for funds released after 9- 30-10 –Must meet specific criteria established by FHWA in order to utilize excess funds from other Oregon projects Website: http://www.fhwa.dot.gov/economicrecover y/index.htm

2 Jobs and Transportation Act House Bill 2001, also known as the Oregon Jobs and Transportation Act, is the transportation funding plan adopted by the 2009 Legislature. Three core themes emerged from the legislation:House Bill 2001 –accountability, innovation and environmental stewardship; –highway, road and street funding; and –multimodal funding. Funding set aside for specific projects For more details on the bill, you may visit the website: http://www.oregon.gov/ODOT/JTA.shtml

3 JTA (contd) Quick Facts –Total transportation funding: $300 million per year (split 50% state, 30% counties, 20% cities) –DMV fee increases effective Oct. 1. 2009. –Motor Carrier fee increases effective Jan. 1, 2010 –Gas/diesel tax increase effective no later than Jan. 1, 2011 –Includes ConnectOregon III: $100 million in lottery-backed bonds for rail, public transit, ports/marine and air investments –Contains directives to study improving inter- governmental partnering, reducing emissions and reducing costs of the transportation system

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8 Contact Information Steve Leep Program and Funding Services Manager Transportation Program Office (503) 986-4453 steve.r.leep@odot.state.or.us


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