Puget Sound Regional Council

Puget Sound Regional Council

FY 2010-2011Budget & Work Program

Overview

Funding SourcesAs the designated Metropolitan Planning Organization (MPO) and

Regional Transportation Planning Organization (RTPO) for the region, the Puget Sound Regional Council (PSRC) receives funding from a variety of state, federal and local sources including:

• Federal Highway Administration (FHWA)• Federal Transit Administration (FTA)• Regional Transportation Planning Organization (RTPO) funds from Washington

State Department of Transportation (WSDOT)• Surface Transportation Program (STP)• Federal Aviation Administration (FAA)• United States Geological Survey - Light Detection and Ranging (USGS-LiDAR)• Local Funds – Membership dues and Transit dues

Puget Sound Regional Council

Puget Sound Regional Council

Puget Sound Regional Council

Puget Sound Regional Council

PSRC Basic Funding = $17.57 million

$8.90 M: FHWA and FTA grants available to MPOs$1.29 M: State funds available to RTPOs

$1.50 M: Federal STP funds

$1.14 M: FTA 5307 funds

$0.26 M: FAA funds

$1.18 M: Estimated carryover of federal & state grants

$3.13 M: FY10-11 dues (no dues increase)

$0.07 M: USGS LiDAR

$0.10 M: Service Income (interest on account)

Funding Assumptions

Funding Sources

The Economic Development District (EDD) receives funds from:

• Economic Development Administration (EDA)• ArtsFund• Donations• Local Funds – Membership dues

Puget Sound Regional Council

Puget Sound Regional Council

Funding Assumptions

EDD Basic Funding = $0.93 million

$200,000: EDD EDA Grant$237,780: EDD Dues (no increase in dues)$100,000: EDD Donations$ 20,000: EDD ArtsFund Grant$295,000: EDD Events (Prosperity Partnership & Tours)$ 80,000: EDD Carryover Grant

Puget Sound Regional Council

Puget Sound Regional Council

Puget Sound Regional Council

Puget Sound Regional Council

Anticipated Funding = $1.96 million

$360,000: Anticipated Additional FTA 5307

$1,000,000: Anticipated STP

$354,000: Anticipated DSA

$180,000: Anticipated EPA

$ 70,000: Anticipated EDA

Funding Assumptions

Programs

Regional Growth Planning

Regional Transportation Planning

Transportation Improvement Program

Economic Development

Data Systems & Analysis

Management & Program Development

Regional Data Applications

Geographic Information Systems

Regional Forecasting Model Development

Executive Services

Council Support & Government Relations/Communications

Administrative ServicesPuget Sound Regional

CouncilPuget Sound Regional

Council

Revenue Comparison

Carryover6%

Anticipated9%

Local Funds21% State &

Federal64%

Proposed BudgetFY 2010-2011$20.9 Million

Proposed Budget Amended SupplementalFY 2010-11 FY 2008-09

State & Federal $13,367,000 $15,340,172

Local Funds $4,411,344 $5,107,065

Carryover $1,180,000 $3,721,056

State/Federal Anticipated $1,959,950 $75,000

Total $20,918,294 $24,243,293

Carryover16%

AnticipatedLess than

1%

Local Funds21%

State & Federal

63%

Amended SupplementalFY 2008-2009$24.2 Million

Encum- brance

Less than 1%

Salaries45%

Overhead16%

Benefits26%

Contingency2%

Direct/ Consultant

11%

Proposed Budget Amended Supplemental

FY 2010-11 FY 2008-09Salaries $9,495,278 $9,596,457Benefits $5,539,071 $5,069,826

Overhead $3,285,773 $3,440,239Direct / Consultant $2,080,804 $5,280,710

Anticipated $0 $75,000Encumbrance $17,368 $481,061

Contingency $500,000 $300,000Total $20,918,294 $24,243,293

Expenditure ComparisonProposed Budget

FY 2010-2011$20.9 Million

Encum- brance

2%

AnticipatedLess than 1%

Contingency1%

Overhead14%

Direct Consultant

22%

Benefits21%Salaries

40%

Amended SupplementalFY 2008-2009$24.2 Million