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FY 2017 Wake Transit Work Plan
Bret Martin, MPO Staff
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At its November 9, 2016, meeting, the Wake County Transit Planning Advisory Committee (TPAC) took action to recommend consideration by the CAMPO Executive Board and GoTriangle Board of Trustees of its first annual Wake Transit Work Plan for FY 2017. Annual Wake Transit Work Plans contain a number of elements that work to authorize and institutionalize Wake County Transit Plan implementation investment decisions, including:
1) Annual operating and capital budgets and corresponding ordinances;
2) Annual updates to a 10-year multi-year operating program for future operating expenditures;
3) Annual updates to a 10-year capital improvement plan for future capital expenditures;
4) Annual updates to the transit plan's supporting financial plan and model assumptions; and
5) Capital and operating funding agreements that support and are supported by the annual budgets.
The TPAC-recommended FY 2017 Wake Transit Work Plan was first presented to the CAMPO Executive Board at its November 16th meeting as information only with the intent to bring it back for consideration by both the CAMPO TCC and Executive Board at their January meetings. In the interim, the budget and associated ordinance components of the FY 2017 Work Plan were considered and approved by the GoTriangle Board of Trustees at its December 14th meeting. The full FY 2017 Work Plan will return to the GoTriangle Board of Trustees for its consideration at its January 25th meeting. The TCC recommended the Executive Board consider approval/adoption of the recommended FY 2017 Wake Transit Work Plan at its January 5th meeting. As required by the Wake Transit Governance Interlocal Agreement, both the GoTriangle Board of Trustees and the CAMPO Executive Board must approve the FY 2017 Wake Transit Work Plan for the associated annual budgets and future year expenditures to be executed and programmed, respectively.
The TPAC-recommended FY 2017 Wake Trans...
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