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05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 C I T Y O F B O U L D E R TRANSPORTATION ADVISORY BOARD AGENDA ITEM MEETING DATE: May 9, 2022 AGENDA TITLE: Staff briefing and TAB input regarding the proposed 2023 – 2028 Transportation Capital Improvement Program (CIP) -- Part I of III PRESENTER/S: Natalie Stiffler, Acting Director of Transportation and Mobility Gerrit Slatter, Principal Transportation Project Engineer Gastonia Anderson, Financial Analyst EXECUTIVE SUMMARY Each year, the city goes through an annual budget process in which departments create a six-year Capital Improvement Program (CIP). This year the time period is 2023 through 2028. The Transportation Advisory Board (TAB) role in this process is identified in the Boulder Revised Code (BRC) TITLE 2 GOVERNMENT ORGANIZATION, Chapter 3 Boards and Commissions, Section 14 - Transportation Advisory Board; “. . . to review all city transportation environmental assessments and capital improvements.” This agenda item is intended to continue TAB’s guidance with the city’s CIP development process by providing background information and analysis, a tentative schedule and key issues for this year. TAB will have the opportunity to review and discuss the CIP again at the upcoming board meeting in June and then be asked to make a formal recommendation to council at the July TAB meeting. Staff appreciates the beneficial role that TAB provided during the development of the 2022-27 CIP and looks forward to a collaborative effort for this next Transportation CIP. The funding situation for the Transportation Department is of vital importance to the planning and programming of the CIP process for 2023 and beyond. In addition to the impact of COVID- 19 pandemic, there are other factors that are reducing the ability of the Transportation Department to fund and deliver programs and projects consistent with the goals and objectives of the Transportation Master Plan (TMP). COVID-19, which directly impacted transportation funding budgets in 2020 and 2021 will likely continue for the next few years, and require reductions of scope to some capital maintenance programs. Further, when accounting for inflation, sales tax revenue has been relatively flat in Boulder for nearly 20 years, while construct costs have increased significantly with prices going up 15% alone for asphalt and concrete between 2021 and 2022. Because sales tax funds nearly 70% of Transportation, and because construction cost indexes have been outpacing inflation rates, this has led to reduced spending power and reduced opportunities for matching federal/state grant funds. The funding outlook and condition of the transportation funds are discussed in greater detail in the Background/Analysis 05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 1 of 16 section. STAFF RECOMMENDATION Not Applicable TAB FEEDBACK Staff requests that TAB review the background information and provide feedback to staff on how we can best support board discussions and deliberations. PUBLIC FEEDBACK As noted in the provided schedule, Board input is scheduled for this meeting and the June 13, 2022 meeting. A formal public hearing and recommendation is scheduled for July 11, 2022. BACKGROUND/ANALYSIS The budget is the financial means by which the city operates, manages and enhances its programs, services and assets. The budget also implements the policies supported by its residents through their elected representatives, the City Council. The Transportation Capital Improvement Program is formulated within the policy context of the Transportation Master Plan (TMP), which is the guiding document endorsed by TAB and adopted by City Council for the City’s Transportation and Mobility Department. Transportation funding for the city is provided through multiple sources including the Transportation Fund, the Transportation Development Fund, and the Boulder Junction Improvement Fund. • Revenue sources for the Transportation Fund include a 0.006 and 0.0015 local sales tax dedicated for transportation purposes, federal grants, Highway Users Tax, County Road and Bridge funds, and State Highway Maintenance Funds. The Transportation Fund is the primary funding source for the Transportation and Mobility Department. • The Transportation Development Fund is supported by a transportation related excise tax, levied against new construction for development related infrastructure needs. • The Boulder Junction Improvement Fund is supported by contributions from development excise taxes, use taxes, impact fees and development fees with the Boulder Junction Area. The Boulder Junction fund has previously funded all Transportation CIP related projects identified for implementation in Phase 1 of the Boulder Junction Transit Village Area Plan and thus does not have any current projects identified for funding. The Transportation CIP is developed in support of the TMP action plan with a goal of making prioritized investments across modes and functions to achieve the breadth of the community’s multimodal transportation and broader sustainability goals. A copy of 2021 Transportation CIP modal investment distribution is provided in Attachment A. Attachment A also includes an exhibit that shows how modal investments fluctuate from year to year and thus it is useful to 05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 2 of 16 consider the broader time period which tends to smooth differences. It is important to note that all projects are done with all modes in mind as exemplified by the recently completed Foothills/Colorado underpass project which enhanced operations for pedestrians, bicycles and local and regional transit, while seeking to maintain efficient travel time for automobile traffic. The 2022-2027 approved CIP for the Transportation and Transportation Development Funds are provided in Attachment B. Schedule The city budget goes through an extensive development and review process. The budget process begins in January and continues through City Council approval in the fall. A schedule of the major milestones for CIP project review and budget adoptions is provided below. Elements involving TAB participation are highlighted in bold italics. Major Milestones Date Staff briefing and TAB input [part 1 of 3] May 9, 2022 Staff briefing and TAB input [part 2 of 3] June 13, 2022 TAB CIP Bike Tour (TBD, based upon COVID safety protocols) July 2022 Public Hearing and TAB Recommendation [part 3 of 3] July 11, 2022 Proposed Departmental Budgets due to Budget Division July 2022 Planning Board CIP Hearing August 2022 City Council CIP/Budget Study Session September 2022 City Council Budget Consideration October 2022 Budget Strategies and Issues The Transportation and Mobility Department is committed to being fiscally responsible while responding to community values and priorities. There was a 0.15 percent sales tax approved in 2013 for Transportation that expired at the end of 2019. To backfill the loss of the .15 sales tax, beginning in 2020 the council reallocated .15 percent from Open Space and Mountain Parks to Transportation, which expires Dec. 31, 2029. Informed by the Transportation Funding Task Force along with TAB recommendations and approved by City Council, this money has provided the city with funds needed to catch up on a substantial transportation maintenance backlog and complete key public improvements. However, although this funding was initially intended to help mitigate major maintenance issues, significant needs continue to be pervasive. This will be especially true as the Transportation and Mobility Department works to adjust and recover in the wake of the financial impact of COVID-19 throughout 2020-22. The 2022 budget reflects a balanced budget with a focus on safety and maintaining service integrity within limitations of existing revenue sources. The Transportation and Mobility Department strives to identify and implement efficiencies in services and programs to assure resources are wisely managed. Much of the system enhancements and expansion has been historically based on leveraged external grant funds. Many of the transportation projects seen throughout the community are either focused on major capital maintenance or enhancements supported by one-time state and federal funding. 05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 3 of 16 The recovery from the COVID 19 pandemic has continued through 2022, with 2023 being the first year where we fully recover and are funded to pre-pandemic levels Beyond the impact of COVID-19, transportation funding is facing other ongoing budgetary challenges, including: • As part of the 2019 TMP effort, a Transportation Funding Working Group was established to identify ways to provide sustainable transportation funding that is less susceptible to sales tax revenue cycles. The 2020 work plan for the department included an objective to move forward with this initiative, however due to the COVID-19 impact, this effort is now on hold and will continue to remain on hold through 2021 and 2022. We will revisit studying new potential funding initiatives in 2023. • The Denver Regional Council of Governments (DRCOG) Transportation Improvement Program (TIP) has changed the way federal transportation grant funds are allocated to local agencies. Through successful TIP grant applications, the city has been approved for over $8 million in funding for a variety of multimodal projects for 2020-2023. This item is explained in further detail below in the Federal and State Capital Grants section. • The construction marketplace continues to experience double digit inflation growth due to high demand and low supply. For example, the cost of a square yard of asphalt street pavement street has increased nearly 50% over the last four years. Inflation in the construction marketplace has outpaced general consumer inflation and this trend is likely to continue in the future. This inflation is reducing the city’s purchasing power of existing dollars as shown in the below graphic. Due to the timing of CIP discussions with TAB, the Transportation and Mobility Department will estimate fund capacity for both the 2022 operating budget and the 2023-2028 CIP using departmentally developed sales tax projections. The Finance Department has estimated 2023 Sales Tax and Highway User Tax projections to be back above the pre-COVID revenue for the transportation fund which supports planning operations, maintenance and capital functions within the Transportation and Mobility Department. 05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 4 of 16 Budget Guiding Principles Transportation Budget Guiding Principles are consistent with community goals reflecting the positive November 2013 vote, priorities coming from the and financial projections. These principles are found in the Section 2.10 of the 2019 Transportation Master Plan (TMP) which was adopted by City Council on September 17, 2019. Transportation Investment/Budget Guiding Principles • As top priority, maintain and operate the existing, valuable multi-modal system, including investments in safety • As additions are made to the system, address ongoing operation and maintenance needs • Continue to advance innovations in the design, construction, operation and maintenance of the system • Strategically enhance the Complete Street network, prioritizing projects that have maximum impact improving safety, mobility and efficiency • Advance corridor studies integrating the city’s Sustainability Framework and Resiliency • Leverage external funds extending the ability of local dollars to implement city goals • Continuously strive for efficiency and effectiveness in how work is accomplished • Assure budget decisions are sustainable over time • Keep in mind the goal of identifying long-term, sustainable funding that is tied to vehicle use 2021 Financial Update Transportation Fund The Transportation fund experienced an increase in sales and use tax of 9.0% or a little over $2.0 M above what was collected in 2019 and 20% or $3.9M over what was collected in 2020. The increase from 2021 over 2019 is more meaningful than the increase from 2020 since that years revenue was heavily impacted from Covid-19. When considering that inflation was widely reported in the 7-10% range, and even higher in the construction marketplace, the increase in revenues does not translate into an increased ability to fund existing or additional projects and programs. Transportation Development Fund The Transportation Development Fund ended the 2021 fiscal year with Unaudited Development Excise Tax revenues collected at approximately $748,249. This is an decrease of 41% or $527,500 over 2020 development revenues. As the primary funding source of this fund, development excise taxes are driven by development activities within the city. Boulder Junction Improvement Fund In 2011, the city established a multi-departmental capital projects fund to track capital project activity in the development of the Boulder Junction area. From 2011 through 2018, the Transportation Fund has provided over $8 Million to support transportation infrastructure enhancement and implementation in Boulder Junction. Other funding sources including development excise taxes, use taxes, impact fees and developer fees generated within Boulder Junction have contributed to infrastructure efforts within Boulder Junction. Capital projects 05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 5 of 16 within this fund were identified and approved as key public improvements based on the Transit Village Area Plan (TVAP) and related TVAP Implementation Plan. The fund continues to collect some revenue as various development takes place within Boulder Junction, however no additional capital projects have been identified for implementation. Federal and State Capital Grants Over recent years, the city has been successful in securing federal and state grant funding for capital projects through various programs such as: • DRCOG competitive Transportation Improvement Program (TIP) • DRCOG/CDOT Safer Main Streets Grant • DRCOG Community Mobility and Planning Initiative (CMPI) Set Aside Grants • Highway Safety Improvement Program (HSIP) funds to address safety issues at various intersections • Colorado Parks & Wildlife Trail Grant Funds • Safe Routes to School (SRTS) • Transportation Alternatives Program (TAP) • CDOT Transit Program, including VW settlement funds The largest grant funding opportunities for the City have historically been through the TIP, as evidenced in the 2016-2019 cycle when the city received $16 Million in grant funds. This funding was significantly reduced in the 2020-2023 TIP cycle as DRCOG is now using a new regional and sub-regional process. As a result, the overall available funds is reduced, however the city submitted competitive projects and received $8 Million in funding for capital projects in 2019. The city was also fortunate to receive an additional $2.3 Million in TIP waitlist funding for the 30th Street project in 2021 brining the updated total to $10.3 Million. NEXT STEPS In addition to this CIP briefing, staff will present a subsequent update to TAB for additional input at the June board meeting. The July TAB meeting will be a public hearing and staff will be seeking a formal recommendation from TAB to present to City Council as part of the 2023 budget process. ATTACHMENTS A – Modal Investment Distributions B – 2022-2027 Transportation, Transportation Development Fund Approved CIP 05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 6 of 16 $0$5,000,000$10,000,000$15,000,000$20,000,000$25,000,000Modal Investment ($)Year2005 ‐2021 Transportation Fund CIPModal Distribution ($)PedestrianBicycleTransitRoadwayOtherTotalNotes:2007 Roadway ‐Broadway Reconstruction2013 Roadway ‐Pearl Pkwy Boulevard2014 Other ‐Pollards2018  Shift from Operating to Capital for Maintenance ProgramsRoadway ‐‐vast majority capital reconstructionor OverlayAttachment A05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 7 of 16 43%35%18%29%34%45%48%40%28%36%32%35%33%32%29%34%34%33%25%12%11%22%32%34%25%30%30%36%25%29%29%33%30%25%25%28%3%3%9%15%27%16%10%9%7%7%22%15%19%18%23%20%20%16%27%12%59%28%7%5%10%21%34%10%20%21%19%17%18%21%21%22%3%38%4%6%0%0%7%0%0%11%0%0%0%0%0%0%0%2%0%10%20%30%40%50%60%70%Modal Percentage (%)Year2005 ‐2021 Transportation Fund CIPModal Distribution (%)PedestrianBicycleTransitRoadwayOtherNotes:2007 Roadway ‐Broadway Reconstruction2013 Roadway ‐Pearl Pkwy Boulevard2014 Other ‐Pollards2018  Shift from Operating to Capital for Maintenance ProgramsRoadway ‐‐vast majority capital reconstructionor OverlayAttachment A05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 8 of 16 43%35%18%29%34%45%48%40%28%36%32%35%33%32%29%34%34%33%25%12%11%22%32%34%25%30%30%36%25%29%29%33%30%25%25%28%3%3%9%15%27%16%10%9%7%7%22%15%19%18%23%20%20%16%27%12%59%28%7%5%10%21%34%10%20%21%19%17%18%21%21%22%3%38%4%6%0%0%7%0%0%11%0%0%0%0%0%0%0%2%0%20%40%60%80%100%120%Modal Percentage (%)Year2005 ‐2021 Transportation Fund CIPModal Distribution (%)OtherRoadwayTransitBicyclePedestrianAttachment A05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 9 of 16 Modal/Functional Area$ %$ %Pedestrian4,195,798 33% 26,481,935 34%Bicycle3,658,73129%22,170,28128%Transit1,971,63815%12,047,55615%Roadway2,986,03023%18,269,60023%Other00%00%Total12,812,197100%78,969,372100%*TDM programs are included in the operating budgetTransportation 2022-2027 CIP - Modal Investment Breakout20222022-20272022 Proposed Transportation Fund CIPPedestrian33%Bicycle29%Transit15%Roadway23%Modal Investment Distribution2022Pedestrian34%Bicycle28%Transit15%Roadway23%Modal Investment Distribution 2022-2027Attachment A05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 10 of 16 Modal/Functional Area$ %$ %Pedestrian1,660,100 30% 2,930,200 25%Bicycle1,691,60030%3,567,70030%Transit1,691,60030%3,547,70030%Roadway582,70010%1,658,40014%Travel Demand Management (TDM)*00%00%Other00%00%Total5,626,000100%11,704,000100%*TDM programs are included in the operating budgetTransportation 2022-2027 CIP - Modal Investment Breakout20222022-20272022 Proposed Transportation Development Fund CIPPedestrian, 30%Bicycle, 30%Transit, 30%Roadway, 10%Modal Investment Distribution2022Pedestrian, 25%Bicycle, 31%Transit, 30%Roadway, 14%Modal Investment Distribution 2022-2027Attachment A05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 11 of 16 Modal/Functional Area$ %$ %Pedestrian40,000 10% 40,000 10%Bicycle20,0005%20,0005%Transit20,0005%20,0005%Roadway320,00080%320,00080%Other00%00%Total400,000100%400,000100%*TDM programs are included in the operating budgetTransportation 2022-2027 CIP - Modal Investment Breakout20222022-20272022 Proposed Boulder Junction Fund CIPPedestrian, 10%Bicycle, 5%Transit, 5%Roadway, 80%Modal Investment Distribution2022Pedestrian, 10%Bicycle, 5%Transit, 5%Roadway, 80%Modal Investment Distribution 2022-2027Attachment A05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 12 of 16 City of BoulderTransportation FundProposed Capital Improvement ProgramMultimodal Capital Projects2022 Projected 2023 Projected 2024 Projected 2025 Projected 2026 Projected 2027 Projected 2022-2027 Ped Bike Transit RoadwayCity2,414,000 618,675 3,000,000 2,900,000 3,000,000 3,250,000 15,182,675 External- - - - - - - Total Funding2,414,000 618,675 3,000,000 2,900,000 3,000,000 3,250,000 15,182,675 City- 239,200 - - - - 239,200 External- 515,831 - - - - 515,831 Total Funding- 755,031- - - - 755,031 City135,000 755,000 - - - - 890,000 External152,000 570,000 - - - - 722,000 Total Funding287,000 1,325,000 - - - - 1,612,000 City80,000 257,325 - - - - 337,325 External320,000 1,029,300 - - - - 1,349,300 Total Funding400,000 1,286,625 - - - - 1,686,625 City411,000 824,000 - - - - 1,235,000 External612,000 3,941,000 - - - - 4,553,000 Total Funding1,023,000 4,765,000 - - - - 5,788,000 City108,951 - - - - - 108,951 External435,802 - - - - - 435,802 Total Funding544,753 - - - - - 544,753 City- - 200,000 200,000 - - 400,000 External- - - - - - - Total Funding- - 200,000 200,000 - - 400,000 City- - - 350,000 400,000 - 750,000 External- - - - - - - Total Funding- - - 350,000 400,000 - 750,000 City- 25,500 - 101,750 - - 127,250 External- 102,000 - 407,000 - - 509,000 Total Funding- 127,500 - 508,750 - - 636,250 City6,976 62,787 - - - - 69,763 External95,491 859,416 - - - - 954,907 Total Funding102,467 922,203 - - - - 1,024,670 City1,730 17,302 - - - - 19,032 External15,746 157,464 - - - - 173,210 Total Funding17,477174,766- - - - 192,243 Total City Funding3,157,657 2,799,789 3,200,000 3,551,750 3,400,000 3,250,000 19,359,196 Total External Funding1,631,039 7,175,011 - 407,000 - - 9,213,050 Total Project Funding4,788,697 9,974,800 3,200,000 3,958,750 3,400,000 3,250,000 28,572,247 50%30th St Protected Bike Lanes10% 80% 10% 0%20% 20% 40%Boulder Creek Improvements50% 0% 0%5%Safer Signals30% 30% 25% 15%BudgetMultimodal DistributionDowntown Boulder Transit Station ImprovementsArapahoe Multi-Use Path/Transit Enhancements30% 40% 30% 0%20% 5% 70%Traffic Signal Broadband Fiber20%RTOT -Com & Signal EnhancementTIP Local Match & TMP Implementation30% 30% 30% 10%20%HSIP/VZ Baseline/Canyon Creek X-Ing20% 20% 40%50% 50% 0% 0%47th/BNSF Sidewalk75% 25% 0% 0%HSIP/VZ Traffic Signal Reconstruction50% 25% 0% 25%Attachment B05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 13 of 16 City115,000 125,000 125,000 135,000 150,000 165,000 815,000 External- - - - - - - Total Funding115,000 125,000 125,000 135,000 150,000 165,000 815,000 City629,000 629,000 629,000 640,000 650,000 700,000 3,877,000 External- - - - - - - Total Funding629,000 629,000 629,000 640,000 650,000 700,000 3,877,000 City251,000 251,000 251,000 251,000 251,000 251,000 1,506,000 External- - - - - - - Total Funding251,000 251,000 251,000 251,000 251,000 251,000 1,506,000 City215,000 225,000 225,000 225,000 225,000 250,000 1,365,000 External- - - - - - - Total Funding215,000 225,000 225,000 225,000 225,000 250,000 1,365,000 City425,000 425,000 425,000 435,000 435,000 450,000 2,595,000 External- - - - - - - Total Funding425,000 425,000 425,000 435,000 435,000 450,000 2,595,000 City4,850,000 4,850,000 4,900,000 5,000,000 5,125,000 5,253,125 29,978,125 External- - - - - - - Total Funding4,850,000 4,850,000 4,900,000 5,000,000 5,125,000 5,253,125 29,978,125 City97,500 97,500 97,500 97,500 97,500 97,500 585,000 External- - - - - - - Total Funding97,500 97,500 97,500 97,500 97,500 97,500 585,000 City850,000 850,000 900,000 900,000 900,000 900,000 5,300,000 External- - - - - - - Total Funding850,000 850,000 900,000 900,000 900,000 900,000 5,300,000 City116,000 230,000 230,000 230,000 230,000 230,000 1,266,000 External- - - - - - - Total Funding116,000 230,000 230,000 230,000 230,000 230,000 1,266,000 City250,000 275,000 275,000 275,000 275,000 300,000 1,650,000 External- - - - - - - Total Funding250,000 275,000 275,000 275,000 275,000 300,000 1,650,000 City75,000 75,000 75,000 75,000 75,000 75,000 450,000 External- - - - - - - Total Funding75,000 75,000 75,000 75,000 75,000 75,000 450,000 City25,000 35,000 50,000 50,000 50,000 50,000 260,000 External- - - - - - - Total Funding25,000 35,000 50,000 50,000 50,000 50,000 260,000 City125,000 125,000 125,000 125,000 125,000 125,000 750,000 External- - - - - - - Total Funding125,000125,000125,000125,000 125,000 125,000 750,000 Total City Funding8,023,500 8,192,500 8,307,500 8,438,500 8,588,500 8,846,625 50,397,125 Total External Funding- - - - - - - Total Program Funding8,023,500 8,192,500 8,307,500 8,438,500 8,588,500 8,846,625 50,397,125 2022202320242025202620272022-202712,812,197 18,167,300 11,507,500 12,397,250 11,988,500 12,096,625 78,969,372 Vision Zero Capital Projects2027 ProjectedLow Stress Walk/Bike - Neighborhood GreenStreets50% 50% 0% 0%Renewed Transit Vision - Capital Elements25% 0%PedNeighborhood Speed Management Program25% 25% 0% 50%30%75% 0%2023 Projected40% 30% 0% 30%Pavement Management Program25% 20% 15% 40%0% 0%Major Capital Reconstruction25% 25% 10% 40%Tributary Greenways50% 50%Ped Facilities - Repair, Replacement, ADA100% 0% 0% 0%Sidewalk Maintenance100% 0% 0% 0%Multiuse Path Capital Maintenance50% 50% 0% 0%Multiuse Path - Enhancements2024 ProjectedPed Facilities - Enhancements (miss-links, X-ing treatment)100%0% 0%2022 Projected2022-20270%50%50% 0% 0%Deficient Street Light Pole Replacement30% 30% 10%Total CIPBudgetMultimodal DistributionMultimodal Capital ProgramsBike Transit Roadway2025 Projected 2026 ProjectedAttachment B05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 14 of 16 City of BoulderTransportation Development FundProposed Capital Improvement ProgramMultimodal Capital Projects2022 Projected2023 Projected2024 Projected2025 Projected2026 Projected2027 Projected2022-2027 Ped Bike Transit RoadwayCity50,000 50,000 50,000 50,000 50,000 50,000 300,000 External- Total Funding50,000 50,000 50,000 50,000 50,000 50,000 300,000 City- 200,000 200,000 - - - 400,000 External- Total Funding- 200,000 200,000 - - - 400,000 City624,000 200,000 600,000 750,000 750,000 750,000 3,674,000 External- Total Funding624,000 200,000 600,000 750,000 750,000 750,000 3,674,000 City- - - - - - - External- 4,700,000 - - - - 4,700,000 Total Funding- 4,700,000 - - - - 4,700,000 City126,000 400,000 - - - - 526,000 External- 2,104,000 2,104,000 Total Funding126,000 2,504,000 - - - - 2,630,000 Total City Funding674,000 450,000 850,000 800,000 800,000 800,000 4,900,000 Total External Funding- 4,700,000 - - - - 6,804,000 Total Project Funding800,000 7,654,000 850,000 800,000 800,000 800,000 11,704,000 2022202320242025202620272022-2027 800,000 7,654,000 850,000 800,000 800,000 800,000 11,704,000 Total CIP25% 25%TIP Local Match/TMP Implementation30% 30% 30% 10%28th Street Multimodal Enhancements30% 30% 30%Signal Maintenance & Upgrade20% 15% 10%Development Coordination10%BudgetMultimodal Distribution25% 25%55%28th/Colorado Intersection10% 35% 35% 20%Attachment B05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 15 of 16 City of BoulderBoulder Junction FundProposed Capital Improvement ProgramCity400,000 - - 400,000 External- - - Total Funding400,000 - - - - - 400,000 Total City Funding400,000 - - - - - 400,000 Total External Funding- - - - - - - Total Project Funding400,000 - - - - - 400,000 2022202320242025202620272022-2027 400,000 - - - - - 400,000Total CIPMultimodal Capital ProjectsPed Bike Transit RoadwayTraffic Signal at Bluff Street and 30th10% 5% 5% 80%BudgetOther0%2022-20272022 Projected2023 Projected2024 Projected2025 Projected2026 Projected2027 ProjectedMultimodal DistributionAttachment B05.09.22 TAB Agenda 5 - 2022-2027 CIP 1 of 3 Page 16 of 16