Write Up:

Local agencies receive federal funds to invest in projects that improve local infrastructure, and they share the cost of those projects by providing a 20% local match for most programs. To keep federal funds coming to Missouri, all federal funds received each year must be committed to projects by the end of the federal fiscal year. If the available funds are not fully committed, the funds are at risk of being rescinded, which jeopardizes the ability to receive additional federal funds to deliver more projects.

For FY 2024, local agencies have an annual allocation of $197 million to invest in local transportation projects. For FY 2024, 7% ($13 million) of annual allocation funds have been committed to local projects, as compared to 10% ($19 million) in FY 2023. While this measure compares committed funds to annual allocation, the total available funds for local agencies to commit to projects includes both the annual allocation ($197 million) and the carryover balance ($194 million), for a total of $391 million. Committed funds can include balances left from previous years.

Purpose of the Measure:

MoDOT is required to share federal funds with local agencies for transportation projects. This measure tracks the percent of available local program funds committed to projects.  

Measurement and Data Collection:

The data is obtained from the Federal Highway Administration’s Fiscal Management Information System and based on the Federal Fiscal Year from October 1 through September 30. The committed amounts represent federal funds obligated for projects. The available amounts represent the federal program funds distributed to local sponsors plus any previous year balance. The desire is to invest all federal funds available to local public projects each year.

The target for this measure is set by internal policy and will not change unless policy changes, regardless of performance.