Sign up for occasional email updates about the 2018 Regional Transportation Plan update, including hearing about opportunities to tell planners and decision-makers what you think.
Creating a Financial Plan
To build our plans, we need to plan how we'll pay for them. That's why a financial plan is a key component of the 2018 Regional Transportation Plan, which seeks to identify and build a 20-year vision of getting around in the Portland region.
The financial plan includes information on how the Metro and other governments in the region reasonably expect to fund the projects within the Regional Transportation Plan, including anticipated revenues from the federal and state governments, regional or local sources, the private sector and user charges.
The identification of all anticipated revenues becomes the Financial Plan’s Revenue Forecast. The Revenue Forecast is the long-range regional checkbook that will be used to fund the projects and strategies identified over the 20 years of the Regional Transportation Plan's life. The forecast is also referred to as the “financially constrained” component to the RTP. Without a financially constrained RTP, the RTP can’t be approved.
Most of the work to develop a Revenue Forecast will take place in 2016, guided by a work group of planners and technical staff from each of the region's three counties, several cities, the Oregon Department of Transportation, TriMet and Metro. A draft revenue forecast and financial plan should be completed by December.
Meetings of the work group are open to the public. Meeting information and materials will be posted to this page as they become available.