Title
2050 Metropolitan Transportation Plan (MTP/CTP) Update
Chris Lukasina, CAMPO Staff
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The TCC will receive an update on development of the 2050 Metropolitan Transportation Plan (2050 MTP/CTP). The Metropolitan Transportation Plan is the region's long-range transportation plan and includes both a fiscally constrained element as well as an unconstrained vision plan element known as the Comprehensive Transportation Plan (CTP). As such, this plan serves as both the region's federally recognized MTP and state recognized MTP and CTP. This plan is required to be updated every four years. A current development schedule has been included as an attachment. At the September meeting, the Executive Board approved the All Together scenario as the preferred scenario for use in the remaining phases of MTP development and during October initial fiscal constraint was applied to the Preferred Scenario. The MPO staff has updated the initial fiscal constraint step for the preferred scenario of the 2050 MTP/CTP. This includes updated additional revenue assumptions and ongoing local input. In October, the Executive Board requested another scenario for the additional local/regional revenue to be included in the draft plan. Online draft plan materials have been updated to reflect this scenario and the TCC attachments have been updated to reflect these assumptions. The Executive Board asked staff to bring back any feedback and recommendations on these updates. Staff will provide an update on current draft plan fiscal constraint and discuss the current financial assumptions for the 2050 MTP. The initial public comment period is from October 28th to December 8th, with the public hearing scheduled for November 17th, 2021. Next steps in the 2050 MTP development include:
* Continued refinement of the financial forecast
* Continued refinement of the fiscally constrained Preferred Scenario and draft plan. Material is available HERE
* Updated 2050 MTP/CTP schedule
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