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RECOMMENDED ACTION
<br />The Executive Board should approve $41.9 million in additional PSRC STP /CMAQ funds to the
<br />recommended list of contingency projects contained in Attachment A.
<br />DISCUSSION
<br />During the 2009 project selection process, a total of $106 million of PSRC's FFY 2011 -2012
<br />STP /CMAQ funds were distributed to projects. Per the 2009 Policy Frameworkfor PSRC's Federal
<br />Funds, the STP /CMAQ funds were split approximately 50150 between a regional competitive process
<br />and the four countywide competitive processes. In addition, the Transportation Policy Board
<br />recommended continuing the procedure of developing prioritized contingency lists of projects to be
<br />used if additional PSRC funds were to become available prior to the next funding cycle. In July 2009
<br />the Executive Board approved contingency lists for the regional process as well as for each of the four
<br />countywide processes. In September 2010, projects from these lists were able to be funded from
<br />higher -than- estimated FFY 2010 allocations of PSRC's federal funds, for a total of $24.8 million of
<br />STP /CMAQ funds'. At the time of the June 2011. Transportation Policy Board meeting, PSRC had not
<br />yet received the FFY 2011 STP /CMAQ allocations, but the updated contingency lists were released for
<br />public comment and approved in anticipation of additional funds becoming available.
<br />PSRC received the FFY 2011 STP and CMAQ allocation notices in late June. Based on the conservative
<br />estimates used in 2009 to award and program FFY 2011 funds to projects, an additional $18.4 million of STP
<br />and $9.1 million of CMAQ is available for distribution, for a total of $27.5 million. In addition, PSRC's
<br />allocation of FFY 2010 STP funds has been increased by $9.2 million, bringing the total amount of new funds
<br />available for distribution to $36.8 million (rounded). Based on the 2009 Policy Franzeworkfor PSRC's
<br />Federal Funds, these funds are to be split 50150 between the regional and the countywide processes.
<br />In addition to higher than estimated allocations of FFY 2011 STP /CMAQ funds, funds are also available
<br />for redistribution from PSRC's project tracking system. Approximately $5.1 million of STP funds is
<br />being returned from six projects that either no longer needed the funds or are unable to meet obligation
<br />requirements at this time. The revised total funding amounts available for distribution are illustrated in
<br />Table A below.
<br />Table A
<br />—2011 Distribution of New and Returned STP /CMAQ Funds
<br />Process New
<br />FY10/11 STP
<br />Returned STP
<br />Total STP
<br />Total CMAQ
<br />Regional
<br />$12,901,821
<br />$228,493
<br />$13,130,314
<br />$4,574,500
<br />King County
<br />$7,211,234
<br />$4,748,245
<br />$11,959,479
<br />$2,556,832
<br />Kitsap County
<br />$1,852,995
<br />$0
<br />$1,852,995
<br />n/a
<br />Pierce County
<br />$3,038,312
<br />$0
<br />$3,038,312
<br />$1,077,271
<br />Snohomish County
<br />$2,652,275
<br />$85,210
<br />$2,737,485
<br />$940,397
<br />Total
<br />$27,656,637
<br />$5,061,948
<br />$32,718,585
<br />$9,149,000
<br />Grand Total
<br />$17,704,814
<br />$14,516,312
<br />$1,852,995
<br />$4,115,582
<br />$3,677,882
<br />$41,867,585
<br />Since Kitsap County is ineligible to receive CMAQ funds, their population share is taken off the top of the total amount of STP
<br />funds available.
<br />A total of $22.7 million of additional FTA funds from higher than estimated FFY 2010 allocations was also
<br />distributed at this time. In June 2011 an additional $9.2 million of FFY 2011 FTA funds was distributed.
<br />Executive Board Agenda Page 8 -2 July 28, 2011
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