TPAC 2019/20 Budgeting Meeting (extra work session)
All meetings are open to the public. The Willamette Star boat will be docked at Portland Spirit’s dock on the Willamette. Free parking in Portland Spirit’s lot.
TPAC will be covering 3 options for the final TPAC budget. Please see the options being presented below:
TOTAL Cost of ALL 3 programs: $1,021,000
TOTAL available funds: $1,009,419 – $20,448 (one month shuttle) = $988,971 Difference: -$32,029
Option 1 – Make the “new resident and employee movers” in PBOT Transportation Wallet proposal available to N who aren’t eligible for permit. Reduce that amount from 425 to 370. Keep shuttle for 1 year $250,000, invest $50,000 in mobility hub. $13,362 carryover to next year.
Option 2 -Make the “new resident and employee movers” in PBOT Transportation Wallet proposal available to N who aren’t eligible for permit. Keep shuttle for 4 months, the time to promote it and find private funding. Cap shuttle budget at $125,000 to leave the possibility of funding part of it past the 4 months. This also gives people enough time to find new transport options if we choose to discontinue the service. $113,208 carryover to next year.
Option 3 – Fund the Transportation Wallet completely and the Mobility Hub, and one month of shuttle. $217,775 carryover to next year.
Transportation Demand Management Program Options
- a) earmarking funds for opt outs to develop a program in partnership with TriMet, offering TriMet annual passes
- b) pull out funds from one of the transportation wallet lines (not low income) to sell a round of hop passes to long distance employees
- c) take out some from dedicated low income wallets to pay for day passes for houseless that outreach works encounter who need to get to shelter