Development of Financial Plans for Regional Transportation Plans - Methods, Data and Issues

Details

• Creators:
  Mann, Christopher R. ; Johnson, Kevin Andrew ; Tumidanski, Jeff
• Corporate Contributors:
  Southeast Michigan Council of Governments
• Subject/TRT Terms:
  • Metropolitan planning organizations
  • Strategic planning
  • Long range planning
  • Regional planning
  • Finance
  • Data collection
  • Act 51
  • Financial planning process
  • Regional transportation plans
  • Southeast Michigan Council of Governments (SEMCOG)
• Resource Type:
  Proceedings
• Geographical Coverage:
  Michigan ; United States
• Corporate Publisher:
  Southeast Michigan Council of Governments
• Abstract:
  This paper focuses on the portion of the Financial Plan for the Regional Transportation Plan (RTP) dealing with the road system in Southeast Michigan Council of Governments (SEMCOG) metropolitan planning region under the jurisdiction of county road agencies, cities, villages and the Michigan Department of Transportation (MDOT). The Intermodal Surface Transportation Efficiency Act of 1991 requires that projects identified in a region's long range plan be financially constrained. SEMCOG, developed a plan that not only met the ISTEA requirements and served the needs of its member communities, but that also was consistent and comparable with forecasts developed by the state's other urban areas and with the state plan developed by the Michigan Department of Transportation (MDOT). This paper discusses the methods and the scope of data collection and the many issues faced in preparing the financial plan. A brief description of the outcome of the financial planning process is also included.
• Format:
  PDF
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/4669/dot_4669_DS1.pdf
• File Type:
  [PDF - 42.37 KB]
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:bb40db1ae21197bed977afaf42a006ed6371ab079bc43245efe03a988c18a153292a6663f257dc5d92fa5a199bad7a717f83a7c077a4a1bfd1917c06fc1a0af7