Professional Documents
Culture Documents
September 8, 2011
Purpose
To brief the SC Senate Transportation Committee on the SCDOT cash flow situation including: - Background - Causes - Actions taken to date - Future actions - Current situation and prognosis To present other information requested To answer questions
SCDOTs core service is to provide a safe, properlymaintained road and bridge network supporting citizens, tourists, and commerce.
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SCDOT Responsibilities
5th Largest State-Maintained System in U.S.
41,429 highway miles 8,360 state-owned bridges Over 550,000 traffic signs 9 Welcome Centers 19 Rest Areas 115,000 miles of ditches 128,000 roadside acres mowed 23 million linear feet of curb and gutter Over 1.2 million driveway entrances Over 20 million linear feet of sidewalk Over 1,700 miles of guardrail 5,639 state owned traffic signals and flashers
Miles DOT Total Public % State # of Maintained Miles Owned Employees 79,466
41,429
105,103
66,254
75%
62%
12,354
*4,916
GA
TN FL
17,997
13,881 12,084
121,875
92,173 121,386
14%
15% 9%
4,955
4,068 6,971
*Current number of FTEs filled is 4,519, with 892 vacancies (as of 9/2/11)
Source: FHWA Highway Statistics 2008 Public Road Mileage 2008 Miles by Ownership 5 Generated October 2009 Table HM-10
SCDOT Revenues/Resources
Transportation 6.9%
Higher Education 19.2% Health & Social 43.6% Correctional & Public Safety 3.3%
Transportation category includes State Ports Authority and Public Service Authority
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362,062,137.00 $560,395,864.00
2021
$428,300,000.00
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Future Bonding
When asked by the Commission to determine SCDOTs bonding capacity in April, our coordination with the Treasurers office revealed: - Estimated bonding capacity: $500M - Conservative bonding target: $344M - Estimate for CommissionApproved Package $293M
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Bonding for each of these projects must be approved by the Joint Bond Review Committee and the Budget and Control Board.
These projects will serve to enable and enhance commerce and create jobs and provide long term economic competitiveness of the State of South Carolina.
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Some of these local funds were used as match money to allow the State Infrastructure Bank to approve an additional $2 billion in funding toward additional transportation projects in those counties.
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SCDOT recognized a slow and steady deterioration in our cash posture over the past two years
We did not adequately anticipate the deluge of invoices that arrived in this summer
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$160,000,000.00
$140,000,000.00
$120,000,000.00
$100,000,000.00
$80,000,000.00
$60,000,000.00
$40,000,000.00
$20,000,000.00
$-
Without ARRA
With ARRA
Cash Balance
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Current Status
SCDOT has maintained a positive cash balance; as of todays date, it is $47M We have had no unpaid, validated invoices over 30 working days old We are processing $19M in invoices for payment All debt payments are current
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Work with FHWA and others to explore ways to stretch the impact of our limited resources
Maintain an open dialogue with government and industry partners to understand the effects of the changes SCDOT anticipates
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Conclusion
Good news!
Supplemental Information
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80,067
2
3 4 5
NC
VA PA SC
79,466
57,918 43,612 41,429
9.5 M
8.0 M 12.7 M 4.6 M
48.7 K
39.6 K 44.8 K 30.1 K
Source: FHWA Highway Statistics 2008 Table HM-10 Public Road Mileage 2008 Miles by Ownership Generated October 2009 Population data: US Census.gov 2010
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Mileage
851
Lane Miles
3,793
Primary
Federal Aid Secondary Non Federal Aid Secondary Total
9,471
10,279
23,726
21,089
20,828
41,429
41,853
90,461
Mileage, also referred to as center line miles is quantified by length of roadway and most statistics use center line miles. Lane miles are quantified by area.
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Interstate Needs
Constrained Widening Needs Unconstrained Widening Needs I-73 Identified as largest 34 Emerging Corridor
Interstate Needs
I-20
Miles of Fiscally Constrained Widenings
I-26
I-77
I-85
I-95
Total
15
21
52
0 5
106
3 18
70
0 4
105
1 10
43
1 2
376
5 39
68 8
113 21
25 7
36 16
33 12
275 64
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Interstate Needs
I-126
Miles of Fiscally Constrained Widenings Miles of Unconstrained Widening Needs
I-185
I-385
I-520
I-526
I-585
Total
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# of Constrained Interchanges
# of Unconstrained Interchange Needs Miles of Resurfacing in STIP (Directional) # of Structurally Deficient Bridges # of Structurally Deficient Overpasses
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19
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Very Good C/L Miles Good C/L Miles Fair C/L miles Poor C/L Miles Very Poor C/L Miles
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Fair C/L miles 3,828 37% Poor C/L Miles 3,224 31%
Very Good C/L Miles Good C/L Miles Fair C/L miles Poor C/L Miles Very Poor C/L Miles
Very Poor C/L Miles 1,347 13% Very Good C/L Miles 428 4%
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Poor C/L Miles 12,720 - 42% Fair C/L miles 11,785 - 39%
Very Good C/L Miles Good C/L Miles Fair C/L miles Poor C/L Miles Very Poor C/L Miles
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Source:
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SAFETEA-LU
BOND PROCEEDS ARRA EARMARKS LOCAL/SIB FEDERAL STATE
$1422
$139
$1200
$59 $29
$1283 $10
$1035 $60 $72 $788 $28 $51 $142 $790 $42 $127 $166 $351 $849 $44
$483
$700
$600 $500 $400
$242
$249
$471
$520
$476
$549
$567
$535
$483
$522
$526
$526
$651
$651
$98 2000
$121
$114 2002
$119
$116
$126 2005
$84
$99
$113
$113
$142 2010
$139 2011
2001
2003
2004
2006
2007
2008
2009
Compared to the funding level for FY10-11, House bill would reduce the federal program by over $200M annually for South Carolina Unless a new law or extension is passed by 30 Sep 11, the federal government will not be able to collect the 18.4 cents gas tax that feeds the Federal Highway Trust Fund
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