File #: REP 19 -599    Version: 2 Name:
Type: Informational Report Status: Filed
File created: 10/25/2019 In control: Executive Board
On agenda: 11/20/2019 Final action: 11/20/2019
Title: Status Report - Wake Transit Plan Update Bret Martin, MPO Staff
Indexes: Transit, wake transit
Attachments: 1. Staff Report

Title

Status Report - Wake Transit Plan Update

Bret Martin, MPO Staff

 

Body

In early August, CAMPO kicked off the development of the Wake Transit Plan Update, which will be a tune-up to certain assumptions made in the original Wake County Transit Plan and an extension of the planning horizon for the Wake County Transit Plan from 2027 to 2030. The primary focus of the Wake Transit Plan Update for the remainder of the calendar year will be:

 

1)                     Reassessment of cost and schedule feasibility for major capital projects;

2)                     Determination of remaining financial capacity for investment through 2030;

3)                     Development of high-level investment tradeoffs and preparation for solicitation of input from stakeholders and the public;

4)                     Preparation of a countywide transit market reassessment; and

5)                     Review of recommendations from regional and sub-regional plans to inform potential Wake Transit investments.

 

These activities will ultimately inform the development of investment alternatives through core design retreats with the Wake Transit Plan Update Core Technical Team (CTT) and other stakeholders in mid-2020. The Executive Board will receive an update on the status of the Wake Transit Plan Update at its November meeting, and CAMPO staff will provide an update on what to expect for the plan update over the coming months.

 

Requested Action: Action Receive as information.