CDOT staff propose FY30–31 asset‑management planning budgets; commissioners press for clearer funding visibility
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Summary
CDOT presented four‑year planning budgets with a FY30 TAM cap of $390M and FY31 at $398M; staff propose prorated increases across asset classes while commissioners asked for a consolidated view showing how multiple programs feed asset outcomes.
DENVER — CDOT staff presented Transportation Asset Management (TAM) planning budgets on Dec. 17 that would set the TAM cap for fiscal 2030 at $390 million and FY31 at $398 million, and recommended a prorated increase across most asset classes.
"The number we've been given for our budget in FY '30 is $390,000,000, which is a $20,000,000 increase from FY '29," Toby Manthi, asset management program manager, told commissioners. Staff proposed distributing the increase as roughly a 6% boost to most asset classes in FY30 and a further 2% in FY31 while leaving bridge and tunnel increases separate because of the Bridge & Tunnel Enterprise funding stream.
Manthi said the TAM cap figures do not include bridge and tunnel enterprise and maintenance; including those programs raises the annual asset‑management investment to more than $920 million per year. He also warned that inflation is raising cost pressure across asset classes.
During questioning, Commissioner Elise Jones asked for a single document that shows how all asset funding — including the 10‑year plan and other programs — fits together. Jones said she was "disturbed by the fact that we're not meeting 9 of our 14 performance measures." Toby Manthi and Jeff (CDOT) responded that some funding appears in multiple budget areas and that staff plan appendices to the 10‑year plan to present a more consolidated view for commissioners.
Why it matters: The TAM cap guides multi‑year planning and region project prioritization. Commissioners said a clearer, consolidated presentation of where dollars flow would help set priorities to reach key performance measures.
What comes next: Staff said they will propose adoption of the planning budgets at a TC meeting in early 2026 and that regions and headquarters will finalize project treatment lists in the subsequent months. Commissioners encouraged staff to provide appendices and more holistic budget displays.