CITY OF FRANKLIN, TNTRANSPORTATION FUNDING INITIATIVE
ASHE PRESENTATION APRIL 2017
• General Fund (Sales Tax, Property Tax, Etc)• Road Impact Fees• General Obligation Bonds (used by the City to fund
transportation projects)• Stormwater User Fees• Public-Private Partnerships with development to make
necessary improvements. (Typically negotiated by City Staff and the Developer during land entitlement process)
• Nashville Area MPO and TDOT Grant Programs: CMQ, STP, Transportation Enhancement Grants, LIC Funds, Safe Routes to School, Etc.
Local Transportation Funding
General Fund Revenue
Goal – Generate Capital for investment in key infrastructure and high-quality services in order to maintain our community’s excellent quality of life.
FY 2015-2016 Budget - Capital Reserve Funding Initiative
• Property tax rate increase of $0.03 cents per $100 of assessed valuation• 50% earmarked for additional local street resurfacing.
• 50% earmarked for future capital project.
• General Fund reserve above the 45% level are eligible for use in priority capital projects.
FY 2015-2016 – Capital Reserve Funding Initiative
$53.0$54.8
$50.1
$47.7
$50.7 $50.9$52.7
$56.9 $57.4
$60.4
$50.2
$54.4$52.1
$50.5$51.7
$49.9 $49.8
$53.0$54.7
$57.9
$30.4 $30.8$28.8
$26.0$25.0
$26.0
$28.9
$32.8
$35.5
$37.9
$0.0
$10.0
$20.0
$30.0
$40.0
$50.0
$60.0
$70.0
2007 Actual 2008 Actual 2009 Actual 2010 Actual 2011 Actual 2012 Actual 2013 Actual 2014 Actual 2015 Actual 2016 Estd
Mill
ion
General Fund Performance - Ten Year Trend
Revenue Expenditures Fund Balance
FY2017-2026 Capital Investment Program
Purpose – Forecast and match projected revenues and major capital project needs over a ten year period and strengthen the linkage between community infrastructure needs and the financial capacity of the City.
$300,000,000 Transportation Projects
$ 39,000,000 Parks Projects
$ 30,000,000 Facilities
$ 7,500,000 Stormwater Projects
$376,500,000 Total
CIP Development Process:
Staff ranked projects based on our Strategic Plan
• Top 25% ()
• Top 50% ()
• Bottom 50% ()
• Bottom 25% ()
Board of Mayor and Aldermen selected the 5-star () that would receive funding.
FY2017-2026 Capital Investment Program
Project Prioritization
IS THIS YOUR PROCESS?
Goal – Generate Capital for investment in key infrastructure and high-quality services in order to maintain our community’s excellent quality of life.
FY 2016-2017 Budget – Invest Franklin
• Property tax rate increase of $0.01 cents per $100 of assessed valuation with $0.10 of the overall property tax targeted at funding investment in infrastructure and supporting City operations. • 0.06 cents dedicated to transportation, parks and city facility needs• 0.01 cents dedicated to alternative transportation (transit, sidewalks and trails).• 0.03 cents dedicated to supporting city operations and service delivery. This allocation of property
tax capacity would be the first additional property tax rate support provided to the City operations since 1987.
• Additional capacity to support infrastructure needs are projected to increase from $30 million to $80 million over the 10-year capital investment planning horizon.
FY 2016-2017 – Invest Franklin
$0.0000
$0.5000
$1.0000
$1.5000
$2.0000
$2.5000
19
84
19
85
19
86
19
87
19
88
19
89
19
90
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
Property Tax Rates Since Fiscal Year 1984
Property Tax Rate Comparison
Est. Cost Project Name
$27,478,800 East McEwen (Phase IV)
$13,200,000 East / Southeast Multipurpose Park
$1,250,000 Sidewalk "Gaps"
$4,330,000 Fire Station 7
$14,340,000 Franklin Road Improvements
$870,000 Goose Creek Interchange Lighting
$5,400,000 Major Street Resurfacing
$4,600,000 Public Safety Communications System
$2,200,000 Mallory Lane / Royal Oaks / Liberty Pike Intersection Improvements
$73,668,800 Total
Invest Franklin – Phase I
• Impact Fees are charges that are assess on new development to help pay for the capital facility costs they impose on the community. Essentially, impact fees require that each new residential or commercial project pay its pro-rata share of the cost of new infrastructure facilities required to serve that development.
• Beginning in the late 1980’s, cities and counties in Tennessee began to look for new ways of meeting the rising infrastructure cost associated with new development.
• In 1987, Williamson County, Brentwood, Fairview and Franklin were the first local governments in Tennessee to be authorized by the state legislature to enact impact fees.
• The City of Franklin currently changes a Road Impact fee for Arterial Roads only. Funding can be spent within the City limits on Arterial Roadways only and are required to help improve the capacity of the roadway.
Road Impact Fee - Summary
$0.00
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017
$1.88
$3.46
$2.26
$2.82
$1.32
$0.46
$2.47
$1.46
$3.28
$4.08
$3.61
$7.32
$6.81
Mill
ion
sRoad Impact Fee Revenues
$249.57$282.59
$187.79$230.90
$280.26
$142.60
$240.88
$228.25
$237.31
$494.19
$0.00
$100.00
$200.00
$300.00
$400.00
$500.00
$600.00
$700.00
$800.00
$900.00
2012 2013 2014 2015 2016M
illio
ns
Estimated Valuation of Building Permits
Residential Non-Residential
785
895
788
1021
1224
378
372
321
364
380
0
200
400
600
800
1000
1200
1400
1600
1800
2012 2013 2014 2015 2016
Perm
its
Issu
edis
Building Permits Issued
Residential Non-Residential
City of Franklin Road Impact Fee (2005-2014)
$4,911.00
$8,251.00
$3,112.00
$5,233.00
$2,567.00
$4,317.00
$6,484.00
$10,878.00
$12,069.00
$20,255.00
$4,632.00
$7,802.00
$0.00
$5,000.00
$10,000.00
$15,000.00
$20,000.00
$25,000.00
2005 2007 2011 2012 2013 2014 2017 (PROPOSED FEE)
Road Impact Fee History
Signle-Family Detached (Dwelling) Multi-Family (Dwelling) Hotel/Motel (Room) Shpping Center/Retail (1,000 SF) Restaurant (1,000 SF) Offic (1,000 SF)
Proposed Road Impact Fee
Recent Capital Projects (Previous 5 Years)
2012
• East McEwen Drive Phase 3 Improvements ($7,400,000)• Local Interstate Connector (LIC) (50% Local Funds / 50% State Funds)
• 5,000+ LF of 4-lane, median divided roadway
• 463 LF Arch Box Bridge• 166 LF at 32’ width x 6.5’ height; 297 LF at 32’ width x 5.75’ height
• 1ST City of Franklin project to utilize all LED lighting
• Franklin ITS Project ($922,000)• American Reinvestment & Recovery Act (ARRA)
• 67,000 LF Fiber Optic Cable; 3,400 LF Ethernet Cable; 29 Network Switches
• Nichol Mill Lane Improvements ($1,200,000)• Realignment of Nichol Mill Lane
• Removed two (2) 90 degree curves
Recent Capital Projects (Previous 5 Years)
2012 (Continued)
• Traffic Operations Center (TOC) Phase 3 – Software ($470,000)• Surface Transportation Program (STP) (80% Federal / 20% Local)
• Siemens TACTICS and Concert Software
• Cisco Video Matrix
2013
• TOC Phase 3 – Infrastructure & Upgrades ($400,000)• STP – (80% Federal / 20% Local)
• Four (4) Cameras
• 28,500 LF Fiber Optic Cable
• 15 Signal Controllers
Recent Capital Projects (Previous 5 Years)
2014
• Hillsboro Road Widening – Phase 1 ($12,000,000)• 3,000+ LF of Reconstructed Roadway
• 4 & 5 Lane Typical Section with Streetscape
• Southeast Parkway & Columbia Avenue Traffic Signal ($254,000)• New Traffic Signal
• Boyd Mill Avenue/Carlisle Lane & SR-96W Intersection Improvements($2,427,000)• New Traffic Signal
• Roadway Widening at Intersection; Multi-Use Trail
Recent Capital Projects (Previous 5 Years)
2014 (Continued)
• East McEwen Drive Temporary Connector ($1,805,000)• 1,700 LF of New Roadway
• 800 LF of 4-Lane, Median Divided
• 900 LF of Temporary 2-Lane
• 3RD Avenue North Extension ($4,610,000)• 1,500 LF of New Roadway
• 2-Lane Typical Section with On-Street Parking
• New Traffic Signal
• Streetscape Elements
Recent Capital Projects (Previous 5 Years)
2015
• East McEwen Drive & Wilson Pike (SR-252) Intersection Improvements ($1,992,000)• $1,000,000 Funding From Williamson County Schools (Clovercroft Elementary)
• New Traffic Signal
• Widening Bridge over CSX from 26’ to 84’
• Carothers Parkway South Extension ($12,676,000)• 14,000 LF of New Roadway
• 2-Lane Typical Section
• 420 LF Structural Bridge over Harpeth River• 72” Pre-stressed Concrete Bulb-Tee Beams
• Longest Span of 161 LF
Recent Capital Projects (Previous 5 Years)
2016
• Century Court & Beasley Drive Connector ($308,000)• 500 LF of New Roadway
• 2-Lane Typical Section with On-Street Parking
• Allow Beasley Dr. Motorists to Access Columbia Avenue via Traffic Signal at Century Ct.
• 3RD Avenue North Trail/Greenway ($1,368,000)• $675,000 of Congestion Mitigation & Air Quality (CMAQ) Funds
• Multi-Use Trail Along Harpeth River & Bicentennial Park
• Park Space and River Overlook
• SR-96 West Multi-Use Trail ($599,000)• 3,000 LF of Multi-Use Trail
On-Going Capital Projects
• Hillsboro Road Widening – Phase 2 ($11,995,000)• $1,250,000 State Funds; $625,000 Enhancement (80% State / 20% Local)
• 4,400 LF of Roadway Widening & Reconstruction
• 3-Lane Typical Section with Streetscape
• Franklin ITS Extension ($650,000)• STBG Funds – 80% Federal / 20% State
• Small Bundled ITS Projects (i.e. new cameras, fiber connections, etc.)
• Adaptive Traffic Signal Control ($1,250,000)• STBG Funds – 80% Federal / 20% State
• 19 intersection in Cool Springs Area
• Siemens SCOOT
On-Going Capital Projects
• East McEwen Drive Phase 4 Improvements ($22,000,000)• $10,000,000 Surface Transportation Block Grant (STBG) Funds
• 7,200 LF of New Roadway
• 4-Lane, Median Divided Typical Section with Multi-Use Trail
• East McEwen Drive Roundabout Modifications ($500,000)• Right-Turn Bypass Lane(s)
• Geometric Modifications of Entry/Exit
• Columbia Avenue Widening & Improvements ($14,850,000)• STBG Funds – 80% Federal / 20% State
• 6,000 LF of Roadway Widening & Reconstruction
• Access Management
Questions?
• Thank You for Your Time and Participation!
• Contact Information:
• Questions?
Paul Holzen, P.E. Jonathan Marston, P.E.
City Engineer/Director of Engineering Assistant Director of Engineering
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