2010-2011 Legislative Appropriations Request
Traditionally, the Texas Department of Transportation (TxDOT)
requested
appropriations
based on what was expected to be available
specifically to TxDOT, not what was needed to meet the states goals
for transportation or what the department and industry could
deliver.
The
2010-2011 Legislative Appropriations Request (LAR) is based on
Texas transportation needs and the capability to deliver.
- This LAR provides a clearer picture of what is needed to
continue making progress payments on projects underway, and how
we may be able to increase the number of new projects that can
begin in 2010 and 2011.
- TxDOT's request examines the industry capacity and the
number of projects that can be ready to go with the completion
of the necessary developmental and environmental work.
- The requested dollar amounts in each strategy are designed
to meet a TxDOT and industry contracting capacity of $12.7
billion in 2010 and $14.3 billion 2011. Without any new funding
resources beyond what is currently available, those amounts are
$2.7 billion and $2.4 billion respectively.
- To finance this level of new contracting, the LAR
contemplates that all of the State Highway Fund will be made
available to support agency functions, $5 billion of general
obligation debt will be authorized (Proposition 12), and TxDOT
will have issued all remaining State Highway Fund Revenue bonds.
- Additionally, a significant source of general revenue would
need to be appropriated if the legislature determines we are to
reach our maximum capacity for new transportation projects.