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Finance

  Region State Name of Project Financing Tool Project Funding ($000) Project Cost Remarks
          Federal State Local 1 Local 2 Private 1 Private 2 Toll 1 Toll 2 ($000)  
1 1 CT I-95 Bridges PCAC 43,700 11,700 0 0 0 0 0 0 55,400 State match is comprised from $11.7 million from State-issued revenue bonds.
2 1 ME Auburn Truck to Rail Transfer Facility FM w/PPP 2,000 0 500 0 200 0 0 0 2,700  
3 1 ME 8 Innov. Fin. Projects PCAC 9,500 2,375 0 0 0 0 0 0 11,875  
4 1 NH Gorham Railroad Bridge FM 160 0 0 0 0 40 0 0 200  
5 1 NJ Rt. 1 & 9 Waverly Yard Viaduct & Bridge Deck Replacement PF 75,300 0 0 0 0 0 0 0 75,300  
6 1 RI Civic Center Interchange Ramps AC 40,500 4,500 0 0 0 0 0 0 45,000  
7 1 RI Quonset Point Rail-Highway Bridge Project AC 45,000 60,000 0 0 0 0 0 0 105,000  
8 3 MD I-695 Baltimore Beltway 1044 & PCAC 47,900 0 0 0 0 0 0 0 47,900  
9 3 MD Interstate 70 Frederick 1044 & PCAC 88,500 0 0 0 0 0 0 0 88,500  
10 3 MD MD 355 Montgomery County FM 30,000 0 0 0 0 8,000 0 0 38,000  
11 3 PA Interstate Route Improvements PCAC 42,480 4,720 0 0 0 0 0 0 47,200  
12 3 PA Lehigh Airport Access Improvements FM 17,200 0 4,300 0 0 0 0 0 21,500  
13 3 PA 7 Enhancement Projects FM 2,184 0 0 0 0 1,023 0 0 3,207  
14 3 PA I-95 Intermodal Mobility Project AC & PCAC 158,400 17,600 0 0 0 0 0 0 176,000  
15 3 PA U.S. 15 Relocation, Lycoming & Tioga Counties AC & PCAC 248,000 62,000 0 0 0 0 0 0 310,000  
16 3 WV Chelyan Bridge PF 41,600 10,400 0 0 0 0 0 0 52,000  
17 3 WV Shadle Bridge PF 27,200 6,800 0 0 0 0 0 0 34,000  
18 3 WV Williamstown Rail Depot FM 254 0 0 0 0 64 0 0 318  
19 4 FL I-75 Lane additions AC 54,000 6,000 0 0 0 0 0 0 60,000  
20 4 FL I-4 Tampa Lane additions AC 103,500 11,500 0 0 0 0 0 0 115,000  
21 4 FL I-95 Palm Beach County AC 10,800 1,200 0 0 0 0 0 0 12,000  
22 4 FL Weigh Stations & Rest Areas AC 9,000 1,000 0 0 0 0 0 0 10,000  
23 4 FL I-4 Tampa / Crosstown Connector FM 89,600 22,400 0 0 0 0 112,000 0 224,000 Toll-backed contribution is comprised of $112 million from revenue bonds issued by local toll authority.
24 4 FL Mid-Point/Lee County Bridge 129 (RLF) 16,000 2,500 0 0 0 0 176,400 0 194,900 Toll-backed contribution is comprised of $174.7 million from revenue bonds issued by county government.
25 4 GA Jesters Creek, Clayton County FM 1,387 0 0 0 150 197   0 1,734  
26 4 KY Jefferson County Fleet Fuel Conversion Project FM 1,200 0 294 0 0 6 0 0 1,500  
27 4 NC Neuse River Bridge PF 109,900 27,500 0 0 0 0 0 0 137,400  
28 4 NC US 19-23 Project A-10C AC & PCAC 72,000 18,000 0 0 0 0 0 0 90,000  
29 4 NC US 19-23 Project A-10D AC & PCAC 48,150 5,350 0 0 0 0 0 0 53,500  
30 5 IN North-South Corridor, Hendricks County FM 13,700   2,600 40 760 0 0 0 17,100  
31 5 IN Widening of County Road 7, City of Nappanee FM 930 0 0 100 0 270 0 0 1,300  
32 5 IN Stafford Road FM 4,224 1,056 0 0 0 0 0 0 5,280  
33 5 MI I-94 Romulus FM 10,500 0 0 2,300 0 4,700 0 0 17,500  
34 5 MI I-96 Brighton FM 1,900 0 0 480 0 0 0 0 2,380  
35 5 MI Capital Improvements Projects 1044 1,003 0 0 0 0 0 0 0 1,003  
36 5 MI Morton Taylor Road FM 1,520 0 0 380 0 0 0 0 1,900  
37 5 MI Two I-94 Projects; I-275 Project PF 26,300 2,800 0 80 0 0 0 0 29,180  
38 5 MI 19 Mile Road, Macomb County FM 3,600 0 900 0 0 0 0 0 4,500  
39 5 MI I-94 and 9th Street, Kalamazoo Tap 6,500 1,500 0 0 0 0 0 0 8,000  
40 5 MI Haggerty Connector, Oakland Tap 27,000 6,000 0 0 0 0 0 0 33,000  
41 5 MI M37, Kent Tap 12,300 2,700 0 0 0 0 0 0 15,000  
42 5 MI Davison Freeway, Wayne Tap 65,300 14,500 0 0 0 0 0 0 79,800  
43 5 OH Butler County Highway AC 80,390 39,610 0 0 0 0 0 0 120,000  
44 5 OH Cincinnati Rail Project AC 5,100 0 0 0 9,900 0 0 0 15,000  
45 5 OH Stark County Intermodal Facility 129 w/ PPP 11,200 0 0 0 24,000 0 0 0 35,200  
46 5 WI Main Street Bridge, Green Bay AC & PCAC & FM 17,900 3,300 2,100 0 0 0 0 0 23,300  
47 6 NM Camino Real (formerly Santa Teresa) Intermodal Facility FM w/ PPP 8,000 0 0 0 0 62,000   0 70,000  
48 6 TX SH 190 (George Bush Turnpike) 129 & AC & PCAC 135,000 0 27,800 0 0 0 0 533,500 696,300 Toll-backed contributions derive from the Texas Turnpike Authority, and include $446.4 million from revenue bonds, $20 million in equity, and $67.1 million from expected construction fund earnings.
49 7 MO Watkins Drive Kansas City PF 23,300 5,800 4,600 0 0 0 0 0 33,700  
50 7 MO Statewide Intelligent Transportation System FM 120,000 0 0 0 30,000 0 0 0 150,000  
51 7 MO Chouteau Bridge PF 27,000 0 10,000 0 0 0 0 0 37,000  
52 7 NE U. S. 34 Lincoln FM 8,040 975 0 0 1,035 0 0 0 10,050  
53 8 SD Enhancement Projects FM 8,400 0 1,900 0 0 2,700 0 0 13,000  
54 8 WY Shoshone Natl Park FM 49 0 0 0 0 0 0 0 49 The Federal contribution includes a $10,000 grant from U.S. Forest Service.
55 9 AZ Freeway Management System Inc Gen 473 27 0 0 0 9,000 0 0 9,500  
56 9 CA Calexico East Comm Vehicle Inspection PCAC 17,300 2,300 0 0 0 0 0 0 19,600  
57 9 CA Otay Mesa Comm Vehicle Inspection PCAC 11,500 1,500 0 0 0 0 0 0 13,000  
58 9 CA San Miguel Connector & SR 125 1 PCAC & Bond w/ PPP 0 0 0 0 0 482,000 0 0 482,000 The $82 million Connector is to be financed with privately issued debt to be later reimbursed with Federal and local funds. The linked $400million SR125 tollway is not a TE-045 project, but its development will be enabled by construction of the Connector.
59 10 AK New Ferry Construction PF 77,000 7,000 0 0 0 0 0 0 84,000 Federal contribution includes $12 million in oil spill penalty funds held by a Federal/State consortium.
60 10 AK Marine Highway System Replacement Ferry Bond w/ PPP 23,200 1,620 4,300 0 0 0 0 0 29,120 Local contribution is expected to be comprised of $4.3 million from bonds issued by a new port authority.
61 10 CNMI Saipan Highway Projects AC & PPP 0 0 0 0 23,000 0 0 0 23,000  
62 10 ID I-84 PF 13,026 1,091 0 0 0 0 0 0 14,117  
63 10 ID State Hwy 75 Corridor Scenic Byways & Enhancement Program FM 148 10 0 0 0 0 0 0 158 Federal contribution includes $83,000 in grants from U.S. Forest Service and Bureau of Land Management.
64 10 WA State Route 520 Tap 30,900 5,000 0 0 0 0 0 0 35,900  
                             
      TOTAL CATEGORY 1   2,228,118 372,334 59,294 3,380 89,045 570,000 288,400 533,500 4,144,071  
                             
65 1 ME Fairfield Intermodal Facility FM 1,900 0 0 0 0 1,570 0 0 3,470 Project is currently on hold due to procedural difficulties in securing private contributions, but negotiations are underway to expedite funding of the projects.
66 1 NY NITTEC 129/RLF 5,000 0 0 20,000 0 0 0 0 25,000 Creation of the loan fund is pending enabling legislation by state assembly.
67 5 OH Vickers Rail Separation FM 16,000 0 0 500 0 3,500 0 0 20,000 On hold pending study results.
68 6 TX Laredo Bridge #4 129 & FM 12,900 13,800 0 0 0 18,200 7,600 0 52,500 Project is on hold while alignment of the road is revisited. Toll-backed share ($7.6 million) is comprised of toll revenue bonds to be issued by the City.
69 9 CA Non-Interstate Rest Area (Tulare County) Inc Gen 0 0 0 0 0 0 0 0 0 In study stage; cost unknown.
70 10 HI Kunia Road FM 4,310 0 0 0 1,077 0 0 0 5,387 Creation of the loan fund is pending passage of enabling legislation by the State legislature.
71 10 HI Mililani Interchange FM 4,252 0 0 0 1,063 0 0 0 5,315 State legislation is required to create RLF; some project construction is underway. Cost of projects expected under this program totals $37.7 million.
                             
      TOTAL CATEGORY 2   44,362 13,800 0 20,500 2,140 23,270 7,600 0 111,672  
                             
      TOTAL ACTIVE PROJECTS   2,272,480 386,134 59,294 23,880 91,185 593,270 296,000 533,500 4,255,743  
                             
          ACTIVE PROJECTS - - SOURCES OF FUNDS              
                             
              Subtotal              
          Federal 2,272,480 2,272,480              
                             
          State 386,134                
          Local 83,174                
          Private 684,455                
          Toll 829,500                
              1,983,263              
          TOTAL   4,255,743              
                             
                             
                             
72 1 VT Chittenden County Circumferential Highway AC 0 0 0 0 0 0 0 0 30,000 Project is on hold, pending prioritization by the State.
73 3 DE Churchman's Crossing, formerly Metroform Partnership FM 0 0 0 0 0 0 0 0 30,000 Project only in planning stages; scope of improvements is under consideration. State legislation will be required for PPP aspect of project.
74 4 AL U.S. 280 Birmingham Bond 0 0 0 0 0 0 0 0 400,000 Project is in EIS/MIS stage. Project specifications remain uncertain.
75 4 SC Conway Bypass Bond & 129 w/ PPP 0 0 0 0 0 0 0 0 430,000 Project is on hold pending determination of a new financing plan. Bond referendum for sales tax to back local county bonds was rejected.
76 8 CO Powers Boulevard, Colorado Springs FM 0 0 0 0 0 0 0 0 353,000 Project is on hold due to shortage of obligational authority. State is also seeking additional private contributions.
                             
      TOTAL CATEGORY 3   0 0 0 0 0 0 0 0 1,243,000  
                             
77 1 NY Kingston-Rhinecliff Bridge Undefined 0 0 0 0 0 0 0 0 40,000 Project is no longer being pursued due to a lack of funding.
78 1 NY 1000 Islands and Massena Brdg Undefined 0 0 0 0 0 0 0 0 263 No funds identified for this project.
79 4 GA I-575 Landscaping None 0 0 0 0 0 0 0 0 12 Due to its low cost, project is being pursued without Federal funds.
80 5 MI I-75 / Holly Road Interchange FM & Tap 0 0 0 0 0 0 0 0 5,160 Project is being pursued without Federal funds.
81 6 LA Economic Feasibility Study FM 0 0 0 0 0 0 0 0 350 Project is on hold pending identification of funding source.
82 6 LA Ruston Frontage Road 129 (RLF) 0 0 0   0 0 0 0 2,000 Discontinued early in TE-045 process; alternative funding arrangements pursued.
83 7 AR US 71 129 0 0 0 0 0 0 0 0 210,000 Discontinued.
84 8 MT US 93/Reserve Street Tap 0 0 0 0 0 0 0 0 21,500 Discontinued early in TE-045 process.
85 9 AZ Rest Area Studies Inc Gen 0 0 0 0 0 0 0 0 150 Project is on indefinite hold.
                             
      TOTAL CATEGORY 4   0 0 0 0 0 0 0 0 279,435  
                             
86 4 TN STP Simplification STP 0 0 0 0 0 0 0 0 75,000  
87 5 MN STP Simplification STP 0 0 0 0 0 0 0 0 109,000  
88 10 WA STP Simplification STP 0 0 0 0 0 0 0 0 66,400  
                             
      TOTAL CATEGORY 5   0 0 0 0 0 0 0 0 250,400