1. Northeast Florida Regional Transportation Commission 1

2. Regional Multimodal Transportation Plan 7/22/2015

3. Approach Staff develops draft Corridor approach Prioritize top projects in each mode  Create funding list options  Evaluate priority projects for funding potential 3

4. Eligibility Criteria from RTSC Report (234 Projects) 4

5. Regional Corridors  Adopted by RTSC  Priority corridors identified based on known need and regional significance  Corridors not prioritized 5

6. Priority Corridors  RC1A - Gateway North  RC1B - Gateway South  RC2 - Gateway West  RC 3 - River Southwest  RC 4/RC 10 - Middleburg to I-295  RC 5 - First Coast Expressway  RC 6 - Northeast Florida Loop Trail  RC 9 - St. Johns River Dredging  RC 9 - St. Johns River Ferry  Future Corridor Jacksonville to Tampa  North Rail Corridor  Intermodal Logistics Center  Coordinated Regional Transit RC1A RC1B RC2 RC3 RC4 RC10 RC5 North Rail Corridor St. Johns River Dredging RC1B Future Corridor Jacksonville to Tampa Northeast Florida Loop 6

7. 32 Regional Priority Projects 7

8. Priorities by Mode (32 Projects)  Roadway Capacity 1.First Coast Expressway 2.US 17 (Putnam County) 3.US 90 Parallel Reliever (Baker County) 4.Future Corridor (Jacksonville – Tampa) 5.US 17 Harts Road to SR 200 (Jacksonville to Yulee) 6.SR 21 Blanding Boulevard in Clay County 7.CR 2209 in St. Johns County  Transit Capacity 1.Southeast Commuter Rail (St. Augustine to Jacksonville) 2.Southwest Commuter Rail (Green Cove Springs to Jacksonville) 3.North Commuter Rail (Yulee to Jacksonville) 4.Coordinated Regional Transit Services (per Regional Transit Action Plan) 5.St. Johns River Ferry  Trails −Northeast Florida Loop Trail  Freight 1.North Rail Corridor 2.Intermodal Logistics Center 8

9. Dedicated Funding Options 9 Project TypeRoad Capacity Transit Capacity Rail and Intermodal TrailsTransportation Disadvantaged Regional Transportation System Surtax (Duval and Clay only) Local Government Surtax Small County Surtax Local Option Gas Taxes 9 th Cent Sales Tax

10. Other Funding Options  Vehicle-miles tax  Tax increment financing  Tolls  Public private partnerships  Grants  Memorandum of Understanding to implement other existing funding options 10

11. Today’s Board Discussion 11  Projects that should be eliminated from this list  Projects that should be added to this list  Evaluating projects for funding potential: Due diligence  Staff Recommendation: −Project-by project review by a transportation funding and finance expert / specialist –Dedicated funding sources mostly addressed –Competitive & creative funding options focus

12. Next Steps

13. MeetingObjective August-Review “adequate funding” alternatives -Select preferred funding approach September-Review Draft Plan 13

14. Northeast Florida Regional Transportation Commission 14

15. Funding Sources

16. Dedicated Funding Sources  2013 Local Government Financial Information Handbook  Florida Department of Revenue and Florida Legislature’s Demographic Research  2014 Florida Tax Handbook −Fuel consumption rates through 2023. −After 2023 we used an annual growth rate of 1.1%. 16

17. Current Optional Taxes Collected by County County Tax Collected Local SalesGas Clay Local Government Infrastructure Surtax Constitutional Fuel Tax County Fuel Tax Local Option Fuels Taxes o Ninth-Cent o 1 st LOGT Duval Local Government Infrastructure Surtax Charter County and Regional Transportation System Surtax (0.5% of 1% max) Constitutional Fuel Tax County Fuel Tax Local Option Fuels Taxes o Ninth-Cent o 1 st LOGT Nassau Small County Surtax Constitutional Fuel Tax County Fuel Tax Local Option Fuels Taxes o Ninth-Cent o 1 st LOGT St. JohnsNone Constitutional Fuel Tax County Fuel Tax Local Option Fuels Taxes o Ninth-Cent o 1 st LOGT Baker Small County Surtax Constitutional Fuel Tax County Fuel Tax Local Option Fuels Taxes o Ninth-Cent o 1 st LOGT Putnam Local Government Infrastructure Surtax Constitutional Fuel Tax County Fuel Tax Local Option Fuels Taxes o Ninth-Cent o 1 st LOGT o 2 nd LOGT 17

18. Potential Revenue Sources Not Currently Levied County Potential Tax that Could Be Collected Local SalesGas Clay Charter County and Regional Transportation System Surtax Local Option Fuels Taxes o 2 nd LOGT Duval Local Government Infrastructure Surtax Charter County and Regional Transportation System Surtax (0.5% of 1% max) Local Option Fuels Taxes o Ninth-Cent Nassau None Local Option Fuels Taxes o 2 nd LOGT St. Johns Local Government Infrastructure Surtax Local Option Fuels Taxes o Ninth-Cent o 2 nd LOGT BakerNone Local Option Fuels Taxes o 2 nd LOGT PutnamNone 1 Florida Revenue Estimating Conference. 2014 Florida Tax Handbook. 2013 18

19. Action Required to Levy Taxes Tax TypeAction Required Charter County and Regional Transportation System Surtax (Only available to Clay and Duval)  Majority vote of county’s electorate OR  A charter amendment approved by a majority of the county’s electorate Local Government Infrastructure Surtax  Majority vote of the county’s governing board AND  Approved by voters in a countywide referendum 1 st LOGT  Majority of county’s governing body OR  Voter approval in countywide referendum 2 nd LOGT  Majority of county’s governing body OR  Voter approval in countywide referendum Ninth Cent  Extraordinary vote of governing body OR  Voter approval in countywide referendum Florida Revenue Estimating Conference. 2014 Florida Tax Handbook. 2013 19

20. Tax TypeUses Allowed Charter County and Regional Transportation System Surtax (Only available to Clay and Duval) Development, construction, operation, and maintenance of: o Fixed guideway rapid transit systems o Bus systems o On-demand transportation o Roads and Bridges Local Government Infrastructure Surtax Finance, plan, and construct infrastructure Acquire land for public recreation, conservation, or protection of natural resources Small County Surtax Operational expenses of any infrastructure or for any public purpose authorized in the ordinance. If the surtax is enacted by countywide referendum, the proceeds may be used to service bonded indebtedness to finance, plan, and construct infrastructure, and to acquire land for public recreation, conservation, or natural resource preservation. 1 st LOGT Fund transportation expenditures 2 nd LOGT Transportation expenditures needed to meet the requirements of the capital improvements element of an adopted local government comprehensive plan. Meet immediate local transportation problems Ninth Cent Fund transportation expenditures Florida Revenue Estimating Conference. 2014 Florida Tax Handbook. 2013. General Uses Allowed by Optional Tax Type 20

21. Funding Potential (New Revenues) County 2019-20 2021-25 2026-302031-40Total Baker County $0.43$1.11$1.17$2.55$5.26 Clay County $11.86$31.47$34.09$77.54$154.95 Duval County $108.95$303.28$351.34$889.72$1,653.29 Nassau County $0.83$2.17$2.29$5.01$10.31 Putnam County $0.00 St. Johns County $22.21$65.01$80.89$230.53$398.64 Total $144.28$403.04$469.78$1,205.35$2,222.45 Millions of year of expenditure dollars. 21