Montgomery County Executive Isiah Leggett announced his recommended Fiscal Year (FY) 2014 Capital Budget which proposed amendments to the FY 13-18 Capital Improvements Program (CIP). This new CIP recognizes the vital need to control future debt and focuses on funding critical safety-related capital needs or projects that will boost the County’s recovering economy and spur job growth.
In order to fund these critical needs, Leggett’s recommendations delay some planned projects. The six-year CIP (without the Washington Suburban Sanitary Commission) is $4.37 billion. Leggett said that, “Reducing CIP growth and debt service payments is an essential part of my ongoing strategy to ensure that our fiscal house is in order.”
Here is a list of transportation related projects that are affected by the amended budget:
* Elmhirst Parkway Bridge: $1,965,000 to replace this structurally deficient bridge. Federal aid will fund $1,048,000 of the project costs.
* Bridge Renovation: An additional $2 million in General Obligation (GO) bonds for unforeseen emergency projects, including Cattail Lane culvert replacement; Jerusalem Road culvert replacement; Stoneybrook Drive bridge slope repair to end erosion affecting CSX tracks; Germantown Road culvert lining; Fernmont Lane culvert replacement; and the Agricultural Farm entrance road culvert renovation.
* Storm Drain Culvert Replacement: $6.3 million in GO bonds to replace failed storm drain pipes and culverts.
* Ride On Bus Fleet: Replace remaining Champion buses, which have had fire safety problems, using increased short-term financing in FY13 and FY14. All the Champion buses were taken out of service in July 2012.
* Silver Spring Transit Center: $7.5 million GO bond supplemental to cover site improvement, utilities and construction costs required to prevent further opening delays. The County intends to seek reimbursement for project delay costs to the maximum extent allowed under the law.
* Rapid Transit System: An additional $7.6 million in GO bond funding for concept planning for Maryland State Route 355, U.S. Route 29 and Randolph Road, the critical next step in developing the County’s future generation transit operations.
Project Delays & Reductions
* Six-year GO bond funding for Montgomery County projects has been reduced by $20.32 million through a six-month delay of the Bethesda Metro Station South and Capital Crescent Trail projects. Due to the current lack of state construction funding for these projects, this reduction is not likely to cause a delay in the project.