Uptown Transportation Study - OKI

Planning Study ReportPart B: Interstate 71 Access Improvement Study, PID 77628Figure: 6: Estimated Expenditures by year (2006 dollars)City of CincinnatiThe City of Cincinnati is currently developing its 2007/2008 biennial budget. Major issuesfor the 2007/2008 biennium include pending negotiated labor agreements, reestablishmentof the Department of City Planning and the Office of Environmental Management. Thecapital budget is facing growing demands on its limited resources to fund the construction ofseveral large projects including the Kennedy Avenue Connector just north of the Part BStudy area as well as the new central riverfront park downtown. General capital resourceshave been reduced approximately 45% from $106 million in 2003 to $59 million in 2007.The most significant declines in City resources for capital expenditures since 2003 havebeen from Tax-Supported Bonds and the Anthem Proceeds. The Anthem Proceedsrepresented a one-time windfall for the City and no additional resources are expected fromthis source. Tax-Supported Bonds are declining due to debt capacity projections.As part of the City’s development of its 2007-2008 biennial budget, the City’s Department ofTransportation and Engineering has requested an increase in its annual allocation forcoordination with OKI corridor studies to potentially assist with future planning activities forthis project. No dedicated City funding sources to advance the recommendations of thisstudy have been identified to date.Uptown Transportation Study 86URS CorporationNovember 2006