Financial Plan

UDOT collaborated with the MPOs to develop a financial model that incorporates funding assumptions for each phase over the life of the plan. This collaboration included assumptions related to the programming of these funds across the state based on population growth, vehicle-miles traveled, and historic allocations. Assumptions related to revenue growth rates and inflation rates were based on historical and anticipated trends.

The financial plan is summarized in the following charts that show the revenue available for urban and rural areas, and the revenue available for each mode within the rural areas. Capital investment projects shown in the project lists are fiscally constrained to these revenue streams. The source of revenue for the rural area projects comes from the Utah Transportation Investment Fund and the Transit Transportation Investment Fund. After the planning stage, projects are programmed on a near-term basis and follow the Project Prioritization Process. There are $12.3B project needs that remain unfunded beyond the fiscally constrained project list.