Funding Tysons

Transportation
Improvements
Board of Supervisors
Revitalization & Reinvestment Committee
June 1, 2010
 Benefits of Replanning Tysons
• Capitalize on Metrorail investment to
Dulles of four Tysons stations

• Regional growth management strategy

to concentrate development in activity
centers

• Vehicle trips generated by

concentrating development in Tysons
will be significantly less as compared
to locating the same uses in dispersed
suburban developments. Image source: Dulles Corridor Metrorail Project

This is due to the high density mixed

use urban environment planned within
walking distance of Metrorail stations.

BOS Revit Committee - 6/1/10

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 Benefits of Replanning Tysons

A livable urban center with:

• 100,000 residents; 200,000 jobs
• More housing and less parking
• Grid of complete streets
• Built around transit and walking
• Parks, plazas, and open space
• High level of environmental
stewardship
• Urban standards for buildings,
services and infrastructure
• Affordable/workforce housing targets
• Arts, cultural, recreation opportunities
BOS Revit Committee - 6/1/10
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 2080 Estimated

BOS Revit Committee - 6/1/10

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 Assumptions/Disclaimers
• Evaluate transportation infrastructure required to support total
development of 84 M square feet (2030 horizon year)

• Future unentitled land use assumed at 50% residential and 50% non-
residential

• Revenue projections include 3% annual growth in taxes collected

• Cost estimates have been prepared by FCDOT using 2006 VDOT

guidelines which have been increased where appropriate due to inflation,
cost of right-of-way in Tysons, and the provision of complete streets

• All cost and revenue amounts are expressed as 2010 dollars

• Cost allocations between public and private sectors were developed by

staff for the purpose of evaluating funding options

BOS Revit Committee - 6/1/10

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 Estimated Transportation Costs to
2030
1. 2030 Grid of Streets $444 M
a. Construction of streets associated with $296 M
redevelopment proposals
(Does NOT include right-of-way cost,
for which density credit can be given)
b. Construction of streets outside of redevelopment proposals $148 M
(includes ROW)

2. Tysons-wide Road Improvements $646 M

(Includes right-of-way and construction cost)

3. Transit Operational and Capital Costs $374 M

(Does NOT include Dulles Rail cost)

4. Neighborhood & Access Improvements

(preliminary estimate) $ 70 M
BOS Revit Committee - 6/1/10 Total: $1,534 M 6
 Staff Proposed Public/Private Share
Apportionment
Overall funding for transportation and transit
investment is a shared responsibility between public
and private sectors.

BOS Revit Committee - 6/1/10

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 Grid of Streets
Existing Street Network

Grid of streets is
critical to achieve
urban form and
road network to
support planned
intensities

Current road
network with
‘superblock structure’ needs to be transformed into
urban street grid with a smaller block form
BOS Revit Committee - 6/1/10
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 2030 Grid of Streets
Street Network with 2030 Grid
New grid will be
implemented
concurrent with
redevelopment

Staff Recommends:
100% of grid cost
be the responsibility
of developers

Anticipate 80% of street grid will be provided with redevelopment;

20% will not come through redevelopment proposals
BOS Revit Committee - 6/1/10
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 Funding 2030 Street Grid
Street Network with 2030 Grid
2030 grid is 60%
of 2050 grid

Cost: $444 M to
construct 2030 grid

80% of 2030 grid to be

provided within projects.
Generally consists of
frontage and internal
street improvements

Cost: $296 M
(does NOT include ROW)

BOS Revit Committee - 6/1/10

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 Funding 2030 Street Grid
20% of 2030 grid is Street Network with 2030 Grid
expected to occur outside
of redevelopment

Cost: $148 M
(includes ROW cost)

Recommend continuation
of Tysons Road Club
(current rate: $3.87 per sq
ft non-residential; $859 per
residential unit).

If sole source of funds,

potential Road Club
rates would be:

$8.63 per non-res sq.ft. and $1,000 per residential unit.

(Based on 27 M sq.ft. of unentitled new development, assuming a 50% - 50% split
between residential and non-residential development
BOS Revit Committee - 6/1/10
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 Road Club Rates
Street Network with 2030 Grid
In comparison:

Potential Tysons Rate

$8.63 sq.ft. for non-res
$1,000 unit for res

Centreville Rate
$5.45 sq.ft. for non-res
$2,153 unit for res

Fairfax Center Area Rate

$5.07 sq.ft. for non-res
$1,124 unit for res

BOS Revit Committee - 6/1/10

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 Tysons-wide 2030 Road Projects
2030 Street Network
14 Projects
required to support
2030 redevelopment
intensity levels

Projects needed to:

−Maintain access within area
−Expand capacity of existing
links
−Improve access points from
DTR and I-495 and Tysons
−Improve traffic flow within area

Total Cost: $646 M

BOS Revit Committee - 6/1/10
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Tysons-wide 2030 Road Projects
* Phase I (2010-2015)
Rt.7 Widening from Rt.123 to I-495 $29,000,000
Boone Blvd Extension west from Rt.123 to Ashgrove Lane $99,000,000
Phase II (2015-2020)
Greensboro Drive Extension west from Spring Hill Road to Rt.7 $46,000,000
Dulles Toll Road Ramp to Boone Blvd Extension $59,000,000
Dulles Toll Road Ramp to Greensboro Drive Extension $24,000,000
Dulles Toll Road Westbound Collector Distributor $105,000,000
Dulles Toll Road Eastbound Collector Distributor $53,000,000
Phase III (2020-2025)
Rt.7 Widening between I-495 and I-66 (1.34 mile length, 0.18 miles in Tysons) $43,000,000
Rt.123 Widening from Old Courthouse Road to Rt.7 $21,000,000
Rt.123 Widening from Rt.7 to I-495 $27,000,000
Widen Magarity Road from Lisle/Rt.7 to Great Falls Street $40,000,000
I-495 Overpass at Tysons Corner Center $16,000,000
Extension of Jones Branch Connection to inside I-495 $16,000,000
Phase IV (2025-2030)
Widen Gallows Road from Rt.7 to Prosperity Ave (2.56 mile length, 0.84 miles inside Tysons) $68,000,000
Total for 2010 to 2030 $646,000,000

* Project phasing could be adjusted based on changes to prioritization

BOS Revit Committee - 6/1/10

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Funding Tysons-wide 2030 Projects
Staff Recommends:
Tysons-wide project costs should be a shared responsibility
between the public and private sectors.
The cost share should be allocated based upon the ratio of
through and local traffic volumes.
Public responsibility: All of through traffic (35%) and ½ of
local traffic generated (32.5%)
Private responsibility: ½ of local traffic generated (32.5%)
Cost Split for Tysons-wide Projects:
Private Sector 32.5% ($210 M)
Public Sector 67.5% ($436 M)
BOS Revit Committee - 6/1/10
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 Tysons-wide 2030 Projects
Funding Options Elements
Each funding option was rated on 7 elements to illustrate
issues related to each (see appendix for more detail)
Seven elements
-Cost of Financing/Carrying Cost -Length of Time to Accrue Funds
-General Fund Impact -Impact on Redevelopment
-Ability to Meet Capital Requirements -Impact to G.O. Debt
-Level of Third Party Concurrence

Elements are ranked on color scale:

Green ■= Low impact and/or Most Beneficial
Orange ♦= Medium Impact and/or Of Concern
Red •
= High Impact and/or Most Difficult

BOS Revit Committee - 6/1/10

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 Tysons-wide 2030 Projects
Funding Option – Public Sector
Goal Amount
Tax Increment Financing (TIF) Public : $436 M
Capture projected incremental property Private: $210 M
tax revenue stream and allocate all, or portion, to
transportation improvements

Through 2030
100% of TIF at $1.09 and 3% annual growth value ≈ $439 M
Since 100% TIF is unlikely, as an alternative,
Capped TIF ≈ $251 at maximum annual amount equal to $0.01 tax rate value
BOS Revit Committee - 6/1/10
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 Tysons-wide 2030 Projects
Funding Option – Public Sector
Goal Amount
General Revenue Fund (Pay-Go) Public : $436 M
Dedicate portion of general revenue Private: $210 M

collected through property tax

Through 2030
$0.01 General Fund dedication ≈ $502 M

BOS Revit Committee - 6/1/10

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 Tysons-wide 2030 Projects
Funding Option – Public Sector
Goal Amount
Meals Tax (Pay-Go) Public : $436 M
Establish a countywide 4% meals tax Private: $210 M

with a portion dedicated for transportation

Through 2030
Annual contribution of $21.8 M could fully fund $436 M Tysons’ need
Meals Tax at 4% expected to generate ≈ $80 M annually countywide ($1.6 B over 20 yrs)
which is sufficient to fund Tysons-wide improvements, as well as a significant number of
other Countywide transportation improvements
BOS Revit Committee - 6/1/10
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 Tysons-wide 2030 Projects
Funding Option – Public Sector
Goal Amount
General Obligation Bond Program Public : $436 M
Include all or a portion into County’s Private: $210 M

CIP and debt program

Through 2030
Final allocation to be considered in conjunction with
other CIP priorities and review of debt capacity
(Full cost of Tysons projects would require $21.8 M per year on top of current priorities)
BOS Revit Committee - 6/1/10
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 Tysons-wide 2030 Projects
Funding Option – Public Sector
State and Federal Funding
There is enormous uncertainty related to federal and state funding for
transportation

•State transportation funds for construction began being diverted to

maintenance in FY02. Due to this, and other factors, it is projected that,
without increases in state transportation revenue, the state will not have
adequate transportation funds to fully match federal funds by FY14

•Availability of Federal funding for new construction projects remains

extremely uncertain and will remain so until a new federal transportation
bill in enacted by Congress.

•All state and federal funds are largely already committed to other
projects over the next 6 years (FY11 – FY16) and not available for new
projects

BOS Revit Committee - 6/1/10

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 Tysons-wide 2030 Projects
Funding Option – Public Sector
Goal Amount
State and Federal Funding Public : $436 M
Portion of funding provided from state Private: $210 M

or federal sources

Historically state and federal funding sources for ALL

COUNTYWIDE capital transportation projects has
averaged between $40 – 50 M annually
BOS Revit Committee - 6/1/10
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 Tysons-wide 2030 Projects
Funding Option – Public Sector
Goal Amount
Commercial Transportation Tax (C&I Fund) Public : $436 M
Dedicate portion of revenue collected Private: $210 M

through C&I Fund. FY2009 rate at $0.11

(max rate permitted = $0.125)

Through 2030
24% of C & I dedication ($0.0267) ≈ $138 M
48% of C & I dedication ($0.0535) ≈ $336 M
(Tysons currently contributes ≈ 24% of total C&I revenue)
BOS Revit Committee - 6/1/10
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 Tysons-wide 2030 Projects
Funding Option – Private Sector
Goal Amount
Special Tax or Service District Public : $436 M
ad valorem special tax or special Private: $210 M
assessment within defined geographic area

Through 2030
$0.14 ad valorem tax rate ≈ $210 M

BOS Revit Committee - 6/1/10

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 Tysons-wide 2030 Projects
Funding Option – Private Sector
Goal Amount
Community Development Authority (CDA) Public : $436 M
ad valorem special tax or special Private: $210 M
assessment within defined geographic area
Requires petition by 51% of land owners

Through 2030
$0.07 ad valorem tax rate ≈ $86 M
(linked to Dulles Rail maximum rate where CDA rate increases as Dulles Rail
rate is reduced with a combined maximum rate of $0.29)
BOS Revit Committee - 6/1/10
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 Tysons-wide 2030 Projects
Funding Option – Private Sector
Goal Amount
Development Contributions Public : $436 M
Funds or in-kind construction Private: $210 M
commitments provided either from individual
proposals or from private-private partnerships

Through 2030
Contribution levels are unknown at this time

BOS Revit Committee - 6/1/10

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Tysons-wide 2030 Projects
Funding Option Summary

BOS Revit Committee - 6/1/10

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 Tysons-wide 2030 Projects
Funding Option Summary
Solution likely to blend variety of options Goal Amount
Public : $436 M
proposed to spread risk and phase funds Private: $210 M

Total Need $646 M

Public
-100% TIF $439 M
-Capped TIF at $0.01 G.F. Amount $251 M
-General Fund / Pay-Go @ $0.01 Dedication $502 M
-Meals Tax (4%) $436 M+
-G.O. Bonds ($21.8M per year) $436 M
-State/Federal funds Unknown
-C&I Funds, $0.04 dedication $336 M
Private
-Service District, $0.14 ad valorem rate $210 M
-CDA, $0.07 ad valorem rate tied to Rail $86 M
-Developer Contributions Unknown
BOS Revit Committee - 6/1/10
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Transit Costs – Operating and Capital
Expanded transit service that
serves Tysons, over and above
service existing today; does
not include costs for Silver Line

Operating Cost: $306 M

$18M annual cost over 17yrs

Capital Cost: $68 M

$34 M for initial transit equipment purchase
$34 M for replacement of equipment

Staff Recommends:
Total costs of $374 M (≈ $20 M annually); assumed fully by
public sector BOS Revit Committee - 6/1/10
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Neighborhood & Access Improvements

Additional transportation improvements should be made to

improve existing transportation issues in adjacent
neighborhoods. Improvements also support desired
transportation mode-shifts within Tysons and include:
•Tysons Neighborhood Intersection Improvements
•Bike Access Point Improvements
•Tysons Metrorail Station Access Improvements

Staff Recommends:
Total costs assumed 100% by public sector; while number
and extent of projects is yet to be finalized, costs expected
to be at least $70 M
BOS Revit Committee - 6/1/10
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 Fairfax County Long-Term Transportation Requirements (FY11-FY20) Board Revitalization Reinvestment Committee
June 1, 2010
Existing and Committed Expenditures
3 Years 3 Years 4 Years 10 Years
Activities FY 2011-2013 FY 2014 - 2016 FY 2017 - 2020 Totals
Connector $277,400,000 $310,800,000 $472,600,000 $1,060,800,000
C&I, GF, TMP,
and WMATA

VRE $15,700,000 $17,700,000 $27,100,000 $60,500,000

Existing

WMATA Operating $252,200,000 $300,300,000 $491,300,000 $1,043,800,000

WMATA Capital $165,200,000 $184,000,000 $250,800,000 $600,000,000

Subtotal Existing Transit Services $710,500,000 $812,800,000 $1,241,800,000 $2,765,100,000

Dulles Rail Operating (Fairfax County) $0 $5,700,000 $18,700,000 $24,400,000

Phases I
Dulles

and II
Rail

Dulles Rail Capital $608,000,000 $222,000,000 $0 $830,000,000

Subtotal Dulles Rail $608,000,000 $227,700,000 $18,700,000 $854,400,000

Transit Bonds $27,000,000 $24,400,000 $27,400,000 $78,800,000

Service

Transportation Bonds $29,100,000 $14,800,000 $12,700,000 $56,600,000

Debt

Road Bonds $120,700,000 $98,500,000 $110,400,000 $329,600,000

Subtotal Debt Service $176,800,000 $137,700,000 $150,500,000 $465,000,000

Total Existing & Committed Expenditures $1,495,300,000 $1,178,200,000 $1,411,000,000 $4,084,500,000

 Fairfax County Long-Term Transportation Requirements (FY11-FY20) Board Revitalization Reinvestment Committee
June 1, 2010
Planned Expenditures
3 Years 3 Years 4 Years 10 Years
Activities FY 2011-2013 FY 2014 - 2016 FY 2017 - 2020 Totals
Operating $0 $2,500,000 $11,100,000 $13,600,000
Columbia

Streetcar
Pike

Capital $62,000,000 $50,000,000 $0 $112,000,000

Subtotal Columbia Pike Streetcar $62,000,000 $52,500,000 $11,100,000 $125,600,000

(Includes HOT Lane Service, BRAC, & Phase II Dulles Service)

Short-Term $228,600,000 $0 $0 $228,600,000
Mid-Term (+ Short-Term) $0 $342,000,000 $0 $342,000,000
TDP

Long-Term (+ Short & Mid-Term) $0 $0 $412,400,000 $412,400,000

Park & Rides (new construction) $43,800,000 $43,800,000 $58,400,000 $146,000,000
Subtotal TDP $272,400,000 $385,800,000 $470,800,000 $1,129,000,000

Total Planned Transit Expenditures $334,400,000 $438,300,000 $481,900,000 $1,254,600,000

Activities FY 2011-2013 FY 2014 - 2016 FY 2017 - 2020 Totals

Programmed
Projects

Roadway Maintenance $175,500,000 $175,500,000 $234,000,000 $585,000,000

CIP/VDOT 6YP/CLRP/ C&I Projects $408,521,000 $321,021,000 $228,457,000 $957,999,000

Specific Area Improvements

- Tysons Roadway* $235,800,000 $235,800,000 $314,400,000 $786,000,000
Other Non-Transit & Roadway

- Springfield Roadway $36,810,000 $36,810,000 $49,080,000 $122,700,000

- Bailey's Roadway $4,500,000 $4,500,000 $6,000,000 $15,000,000
- Annandale Roadway $22,500,000 $22,500,000 $30,000,000 $75,000,000
- Reston Metrorail Access Group
(RMAG) $33,606,000 $33,606,000 $44,808,000 $112,020,000
-Tysons Metrorail Station Access
Management Study (TMSAMS) - Includes
neighborhood intersection & bicycle entry
access improvements * $21,000,000 $21,000,000 $28,000,000 $70,000,000
Comprehensive Plan Improvements
(includes approximately 10 road widenings,
5 interchanges & 5 non-widening
improvements) $325,740,000 $325,740,000 $434,320,000 $1,085,800,000

BRAC-Related Projects $997,000,000 $0 $0 $997,000,000

Total Non-Transit & Roadway Expenditures $2,260,977,000 $1,176,477,000 $1,369,065,000 $4,806,519,000

* 20 Year total for Tysons Transportation Improvements is $1,534. This includes transit costs of $374M, roadway improvements of $1,090M, and TMSAMS
improvements of $70M. $786M is the projected need for the first 10 years of roadway improvement funding. The TMSAMS number and extent of projects is yet to be
finalized, but costs are expected to be at least $70M.
 Fairfax County Long-Term Transportation Requirements (FY11-FY20) Board Revitalization Reinvestment Committee
June 1, 2010
Total of All Expenditures
3 Years 3 Years 4 Years 10 Years
Activities FY 2011-2013 FY 2014 - 2016 FY 2017 - 2020 Totals
Total Existing & Committed Expenditures $1,495,300,000 $1,178,200,000 $1,411,000,000 $4,084,500,000
Total Planned Transit Expenditures $334,400,000 $438,300,000 $481,900,000 $1,254,600,000
Total Non-Transit & Roadway Exependitures $2,260,977,000 $1,176,477,000 $1,369,065,000 $4,806,519,000

Grand Total Expenditures $4,090,677,000 $2,792,977,000 $3,261,965,000 $10,145,619,000

Total of All Revenues

3 Years 3 Years 4 Years 10 Years
Sources FY 2011-2013 FY 2014 - 2016 FY 2017 - 2020 Totals
State $239,050,000 $212,450,000 $242,000,000 $693,500,000
Revenues

Federal $48,888,300 $79,750,000 $93,250,000 $221,888,300

State and Federal from VDOT $560,071,000 $504,771,000 $473,457,000 $1,538,299,000
Regional $66,600,000 $66,600,000 $88,800,000 $222,000,000
Local $933,800,996 $583,400,996 $590,116,508 $2,107,318,500

Grand Total Revenues $1,848,410,296 $1,446,971,996 $1,487,623,508 $4,783,005,800

Expenditures vs. Revenues Difference -$2,242,266,704 -$1,346,005,004 -$1,774,341,492 -$5,362,613,200

 This Potential Transportation Funding Options (June 1, 2010)
Tax or Fee
Meals Tax Countywide
General Fund
Countywide Commercial and
Industrial (C&I) Revenue for
Transportation: Increase Rate
to Current State Cap
Countywide Commercial and
Industrial (C&I) Revenue for
Transportation: Increase Rate
to State Cap as of June 30,
2013
7 NOVA Regional Taxes and
Fees for Transportation
(Repealed after VA Supreme
Court ruling in February 2008
that it is unconstitutional for
NVTA to impose these taxes
and fees)
Transit Fare Recovery
Tysons Private Sector Share
Tysons TIF
General Obligation Bonds
(increment above current CIP
estimates for transportation)
Federal Reauthorization and
Earmarks (increment above
current CLRP estimates)
State Funds (increment above
current CLRP estimates)
Other Private Sector
Contributions
10-Year Estimated
Incremental Amount
Assumed Rate (FY11 through FY20)
4% $800 M
$0.04/$100 of assessed value on $1,004 M
General Fund
Increase by $0.015/$100 of $55 M (increment above
assessed value on C&I real current rate of $0.11/$100
property (increase from current only)
rate of $0.11/$100 to current
state cap of $0.125)
Increase rate from current state $190 M
cap of $0.125/$100 of assessed (FY14 through FY20 only;
value on C&I real property to increment for increase
revised cap of $0.25/$100 as of from $0.125 /$100 to
June 30, 2013 $0.25/$100 only)
 Congestion Relief Fee $1,500 M
(Grantor’s Tax) of $0.40/$100 (Fairfax County estimated
 Additional Annual $10 Vehicle share only)
Registration Fee
 One –Time Initial NOVA
Registration Fee (1% of
vehicle value)
 2% Rental Car Fee
 2% Transient Occupancy Tax
 Additional $10 Safety
Inspection Fee
 5% Sales and Use Tax on
Motor Vehicle Repairs
Assuming 20% recovery of $142 M
operating costs of added transit
service
45% private sector share $327 M
assumed by staff in Tysons
presentation
Range: Capped TIF at $0.01 of $125 - $219 M
General Fund tax rate value to
100% TIF at $1.09/$100 of value
rate and 3% annual growth
Assuming General Fund support $220 M
for an additional $22 M (on
average) annually
Unknown Unknown
Unknown Unknown
Unknown Unknown