STATE TRANSPORTATION BOARD TO FURTHER DISCUSS FIVE-YEAR CONSTRUCTION PROGRAM NEXT TUESDAY :
The State Transportation Board will further discuss ADOT's Five-Year Construction Program update when they convene for a study session next Tuesday, June 2nd at 9:00 AM. The public may watch online and submit comments through: www.aztransportationboard.gov
At the Board's meeting on May 15th, ADOT staff provided some options that the Board will likely be forced to consider in light of the anticipated loss of $711 million in revenue due to COVID-19 impacts on fuel and car sales. For Greater Arizona, those actions include the elimination of most expansion projects currently in the five-year plan, a further reduction in preservation investment, a suspension of the HURF Exchange program, and the return of $115 million in federal INFRA and TIGER grants due to the potential inability to satisfy the funding match requirements.
While the five-year plan update is posted as an agenda item for the June 2nd meeting for information and discussion only, it is anticipated that the Board will vote on a fiscally constrained plan at their next regularly scheduled meeting on June 19th. A plan update is required to be formally approved prior to the start of the new state fiscal year on July 1st.
For reference, I'm re-sending last week's RTAC Legislative Update which outlined the funding impacts and possible responses in greater detail along with the supporting powerpoint presentations that ADOT staff provided at the May 15th meeting.
