Program Funding
The program is fiscally constrained by the
revenue expected to be available and thus sets out a
proposed spending plan for the next five years. This
document contains all expenditures in the construction
funds (County Bridge Tax, Match Tax, Motor Fuel Tax
and Transportation Sales Tax), whether for engineering
(preliminary, design, construction), right-of-way acqui-
Fund Sources for the 5 Year Highway Improvement Program
Other Funds
Developer
Federal*
Fed. Int. Rebates
Interest Earnings
Municipal
State
Township
CCIP
$68,071,938
Motor Fuel Tax
(State Pass-thru)
$75,735,198
_________
$64,949,735
County Bridge Tax
(Real Estate Tax)
$32,759,327
Bond Fund Revenue
$90,214,090
Sales Tax
$237,370,592
sition, or actual construction. The $100 million bond
issuance in 2011, as contained in the Plan for Using the
New Collar County Transportation Empowerment Funds,
Matching Tax
(Real Estate Tax)
Program Total $569 million
*except construction phase
Source: 2013-2018 Highway Improvement Program, CPMSv.6c
has been restructured into four issuances, two of which
have occurred. No expenditures are shown in this listing of expenditures in the highway operational fund (County Highway Tax) for those portions
of projects funded by that source (e.g. design engineering).
Current Tax Sources
Lake County has access to five local funds dedicated to or available for highway purposes:
1.
2.
County Bridge Tax fund (available to counties under 1 million population)
3.
Matching Tax fund (available to counties under 1 million population)
4.
Motor Fuel Tax fund
5.
20
County Highway Tax fund
¼% Sales Tax for Transportation and Public Safety fund
• 2013 - 2018 Highway Improvement Program