The region’s financial outlook
Today’s funding reality indicates the region will need to identify new or additional funding streams for transportation projects, including more local funding.
The Kansas City region has consistently placed a high priority on preserving and maintaining the transportation infrastructure it has developed over time. Public and stakeholder input consistently reinforces the strategy of system preservation. In the adopted policy framework, the system condition goal seeks to ensure that the regional transportation system is maintained in good condition.
Financial constraint guidelines require taking the cost to operate, maintain and preserve the transportation system in the eight-county region off the top, with remaining revenues available for other transportation investments. The process is unique to highway and transit funding, but the equation is consistent. The cost of projects in the MTP cannot exceed the financial resources available after accounting for operations and maintenance.