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12 <br /> 1 - Lists highway, transit and other transportation projects to address future transportation <br /> 2 deficiencies through year 2045. <br /> 3 - Assumptions — based on future land use, population and employment. <br /> 4 - Fiscal Constraint—Anticipated revenues must cover anticipated project costs. <br /> 5 - Funding -- Projects must be in MTP to receive state and federal funding (via <br /> 6 Transportation Improvement Program —TIP) <br /> 7 - Used for Planning <br /> 8 e.g., In development review, use LRTP to reserve right-of-way for future highway and <br /> 9 fixed guide way projects <br /> 10 <br /> 11 What is the 2045 (MTP) Process <br /> 12 1. Goals and Objectives <br /> 13 2. Socioeconomic Data (population and employment forecasts) <br /> 14 3. Deficiency Analysis <br /> 15 4. Alternatives Analysis- We Are Here! <br /> 16 5. Preferred Option- Oct. Dec 2017 <br /> 17 6. Final MTP- Dec. 2017 <br /> 18 <br /> 19 What is the Alternatives Analysis? <br /> 20 - A combination of a transportation network, which includes a set of highway, transit <br /> 21 and other transportation improvements, and a land use scenario that depicts the <br /> 22 distribution of population and employment (2045). <br /> 23 - Alternatives run in the Triangle Regional Model (TRM) to produce metrics that <br /> 24 describe how well Alternatives meet future travel demand. <br /> 25 - Final 2045 MTP expected to be a combination of projects and policies from the <br /> 26 various Alternatives. <br /> 27 <br /> 28 What are the Alternatives? <br /> 29 *2045 Land Use Scenario + Transportation Network=Alternative <br /> 30 <br /> 31 Land Use--SE Data Guide Totals* Chart <br /> 32 <br /> 33 What Information is Available? <br /> 34 -Triangle Regional Model Output <br /> 35 • Performance Measures <br /> 36 • Travel lsochrones <br /> 37 • Travel Time <br /> 38 • Congestion Maps (V/C) <br /> 39 • <br /> 40 2045 No-Build —Congestion Map <br /> 41 <br /> 42 Key Conclusions from Alternatives Analysis <br /> 43 Demographics <br /> 44 • Orange County will continue to experience population and employment growth <br /> 45 • Orange County employers will continue to attract commuters from outlying counties <br /> 46 <br /> 47 Congestion <br /> 48 • Alternatives show significant improvements in travel time over the no-build scenario <br /> 49 • Travel times will increase even with roadway improvements that are beyond the budget <br /> 50 Rail and Land Use <br />