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TAC reviews Round 4 scorecards; staff confirms benefit scores fixed, cost adjustments allowed
Summary
Staff presented draft Round 4 scorecards, showing benefit scores based on project merits and cost‑benefit rankings that can change if applicants revise cost asks; members were invited to submit one set of adjustments before the end of the month and urged that readiness be considered.
Staff presented an updated draft of Round 4 scorecards showing benefit and cost‑benefit scores for submitted projects. Chet explained staff corrected two pages that initially omitted project names and resent the corrected scorecards; no numeric scores changed in that update.
Chet emphasized the distinction between the benefit score — a fixed assessment based on project merits — and the cost side of the cost‑benefit calculation. "The benefit scores are in stone," Chet said; cost changes (for example, altering the dollar amount requested) can alter a project’s cost‑benefit ranking and therefore its chance of being within category funding limits.
Members asked whether applicants could revise their requests; staff confirmed there would be a single opportunity to submit cost revisions during the current window and that staff will incorporate updates and updated state revenue projections before finalizing allocations. Amy and others urged that project readiness be a significant factor so that partially funded or late projects do not block funds that could go to projects ready to advance.
The presentation included category‑level breakdowns (bike/ped, bridge, highway, multimodal, transit and PE only) with the committee able to see which projects ranked within the category funding limits at the current revenue projection. Staff noted bond candidates were scored and ranked separately and shown at the bottom of highway rankings for comparative purposes.
Staff said they expect to update revenue projections when the state releases figures later in December and will return revised allocation plans to the finance committee in January, with public engagement to follow before announcing projects in February or early March.
