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b ill s igned!

b ill s igned!. $8.2 billion, 10-year multimodal transportation program .4 ¢ Sales Tax / new funds available 2013 $100 increase in heavy truck registration fees. Bonding. 18% bonding cap established Build America Bonds issued to fill immediate preservation gap

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b ill s igned!

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  1. bill signed!

  2. $8.2 billion, 10-year multimodal transportation program • .4¢ Sales Tax / new funds available 2013 • $100 increase in heavy truck registration fees

  3. Bonding • 18% bonding cap established • Build America Bonds issued to fill immediate preservation gap • $27M net present value savings – 35% subsidy on interest

  4. We’re open for business • New Federal Fund Swap program • Expanded Multi-modal Economic Development program • Expanded Rail program • More efficient regional transit program; more strategic aviation program

  5. Support from top and bottom; developed over time • Gov Sebelius appointed task force shaped new approach • Gov Parkinson needed to close the budget gap • Legislative leaders committed to transportation and “jobs bill” component • Economic Lifelines advocacy • KDOT’s collaborative approach to building a new program and grass tops support

  6. Building Blocks to Success

  7. Link stakeholder priorities to investments • Preservation is top priority • Support economic growth • More flexible, responsive project selection

  8. Selection Factors by Work Type

  9. Economic impact analysis • Results measured in jobs & gross regional product • Customizable data at county level • Local governments provided feedback on inputs into the model

  10. Projects are now scored • Time to discuss scopes, phasing, programming to stretch dollars

  11. Lessons Learned • Collaborate to develop priorities that resonate • Link investments to priorities • Replay themes, over and over and over again

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