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FY 2021, Q2/Q3 Wake Transit Work Plan Amendments
Bret Martin, MPO Staff
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A total of 35 fiscal year (FY) 21 Wake Transit Work Plan amendment requests were submitted for the 2nd quarter of the FY by a host of project sponsors, including the Capital Area MPO, GoTriangle, City of Raleigh, Towns of Cary and Morrisville, and Wake County. All 35 of the requests were categorized as 'Major Amendments' that required a 30-day public comment period. In June of 2020, the Capital Area MPO Executive Board and GoTriangle Board of Trustees adopted a FY 2021 Wake Transit Work Plan with a number of unfunded projects placed in an 'Unbudgeted Reserve' queue. This decision was made based on uncertainty surrounding the impacts of the COVID-19 pandemic on the collection of revenues that fund the Wake County Transit Plan. These projects were set aside to be considered for funding in the 2nd quarter of the FY when more clarity on the future financial capacity of Wake Transit Plan implementation could be established.
As Wake Transit Plan implementation partners have worked to establish that clarity over the past several months, it has been determined that a number of projects previously set aside in the referenced 'Unbudgeted Reserve' queue are financially eligible to move forward for further consideration of inclusion in the FY 2021 Wake Transit Work Plan. An additional amendment request from the City of Raleigh for a new project to be added to the FY 2021 Wake Transit Work Plan has also been included in the package of requests. The requested amendments, if approved, would allocate $9,332,810 from Wake operating and capital fund balance to 23 specific projects or implementation elements to be included in the FY 2021 Wake Transit Work Plan operating and capital budgets. Approval of the amendments would also move twelve (12) projects in the FY 2021 'Unbudgeted Reserve' queue from further consideration of funding in FY 2021 to future years in the multi-year operating program and...
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