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Stafford supervisors hear FAMPO model showing $30 million-a-year need for regional transportation authority

Stafford County Board of Supervisors · June 26, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

FAMPO consultants presented a funding model for a proposed Regional Transportation Authority (RTA) that estimates roughly $30 million per year to fund one-third of sampled regional projects if all five jurisdictions participate, and flagged legislative resistance if key counties opt out.

FAMPO consultants outlined what a Regional Transportation Authority (RTA) could look like for Planning District 16 and walked supervisors through a high-level financial model aimed at unlocking federal and SmartScale grants.

Ian Olas, the consultant who introduced the analysis, said the subcommittee favored a 70/30 split of revenue — with 70% retained by the authority for regional projects and 30% returned to jurisdictions — and illustrated the model by funding one representative project in each of the five jurisdictions. "If we're gonna fund them up to a third of their cost, we would need about 30,000,000 a year over 6 years to fund one third of the total cost…

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