As part of the development of On Course: Birmingham 2035 Regional Transportation Plan, a comprehensive financial plan will be prepared. It will review and update projected transportation revenues and costs for operating, maintaining, and expanding the regional transportation system through 2035.  Included in this will be forecasts of transportation revenues and expenditures for the Birmingham Metropolitan Region for the 26-year period of 2009 to 2035.  It is anticipated that forecasts will be prepared by the transportation implementing agencies and jurisdictions, with technical integration and documentation being provided by consultants. The Financial Plan for the RTP will also be updated to show the forecasts of revenues and costs in year of expenditure dollars in addition to constant present dollar value.

Revenues for the RTP should be more than or equal to the estimated expenditures in order to declare that the RTP is fiscally constrained.  In addition, the financial plan should also demonstrate that the estimated revenues from existing and proposed sources that can reasonably expected to be available equal the estimated costs of expanding, while adequately maintaining and operating, the highway and transit system in the region from through 2035.

As additional information for the financial plan is developed, it will be provided to this page.