29Phase II: Historical Rampart Road Improvement Project
SEVEN
Cost Sharing or
Matching
RVC has $286,622 in savings and an annual
operating budget of $400,000 (see
Attachment: Financial Condition). As a
community with extremely limited
resources, we cannot offer as much cost-
share as we would like, but we are
maximizing what we are able to contribute.
RVC is providing a cost-share of $100,000
of Tribal Transportation Program funding
($33,333 in FY17, FY18, and FY19). TTP
funds are authorized by the Fixing
America’s Surface Transportation Act
(FAST Act) and will be received annually
from the Federal Highway Administration
per a Referenced Funding Agreement.
Projected tribal shares for each Fiscal Year
(FY) of the FAST Act are estimated to total:
FY17 Tribal
Shares
FY18 Tribal
Shares
FY19 Tribal
Shares
$98,969 $101,168 $103,404
The remainder of the TTP budget will be
spent on operations and maintenance of
roads in Rampart’s Road Inventory
including the road constructed as a result
of this project.
RVC is also committing $227,000 of
funding originally from the Bureau of
Indian Affairs (now managed through
FHWA) to improve the Rampart Road
from the village to the airport (0.7 miles).
Construction begins June 1, 2016. The
remaining portion of the Rampart Road
that we are requesting TIGER funding will
connect the airport to Granite Creek
Bridge completing the road to the Elliott
Highway.
Recognizing that we have few financial
resources to provide as cost-share, we
approached our project partners to ask for
their support. We received generous
Year
Year of
Operation NPV Year
Development and
Redevelopment Crashes
Health & Human
Services Travel Savings
Environmental
Impacts
Property Valuation Crash Reduction
Access to Health
Care
Reliable Auto
Route
Avoidance of Wetland
Mitigation 3% 7%
2016 1 $0 $0 $0 $0 $0 $0 $0
2017 2 $0 $0 $0 $0 $0 $0 $0
2018 3 $0 $0 $0 $0 $0 -$6,483,250 $6,483,250 $6,483,250
2019 4 $0 $0 $0 $0 $0 -$6,483,250 $6,483,250 $6,483,250
2020 1 5 $33,884 $639,347 $776,508 $2,923,171 $491,725 -$52,400 $4,125,027 $3,331,870
2021 2 6 $69,645 $645,741 $792,038 $3,011,451 $496,692 -$52,400 $4,125,426 $3,192,622
2022 3 7 $107,363 $652,198 $807,879 $3,102,397 $501,709 -$52,400 $4,126,120 $3,059,323
2023 4 8 $147,121 $658,720 $824,036 $3,196,089 $506,777 -$52,400 $4,127,102 $2,931,706
2024 5 9 $189,005 $665,307 $840,517 $3,292,611 $511,896 -$52,400 $4,128,366 $2,809,516
2025 6 10 $233,106 $671,960 $857,327 $3,392,048 $517,067 -$52,400 $4,129,907 $2,692,509
2026 7 11 $279,516 $678,680 $874,474 $3,494,488 $522,289 -$52,400 $4,131,717 $2,580,457
2027 8 12 $328,331 $685,467 $891,963 $3,600,021 $527,565 -$52,400 $4,133,792 $2,473,137
2028 9 13 $379,652 $692,321 $909,803 $3,708,742 $532,894 -$52,400 $4,136,125 $2,370,340
2029 10 14 $433,584 $699,245 $927,999 $3,820,746 $538,277 -$52,400 $4,138,711 $2,271,868
2030 11 15 $490,234 $706,237 $946,559 $3,936,132 $543,714 -$52,400 $4,141,544 $2,177,528
2031 12 16 $549,715 $713,299 $965,490 $4,055,003 $549,206 -$52,400 $4,144,619 $2,087,140
2032 13 17 $612,143 $720,432 $984,800 $4,177,465 $554,753 -$52,400 $4,147,931 $2,000,530
2033 14 18 $677,640 $727,637 $1,004,496 $4,303,624 $560,357 -$52,400 $4,151,475 $1,917,534
2034 15 19 $746,331 $734,913 $1,024,586 $4,433,593 $566,017 -$52,400 $4,155,245 $1,837,993
2035 16 20 $818,347 $742,262 $1,045,077 $4,567,488 $571,735 -$52,400 $4,159,237 $1,761,759
2036 17 21 $893,822 $749,685 $1,065,979 $4,705,426 $577,510 -$52,400 $4,163,447 $1,688,686
2037 18 22 $972,899 $757,182 $1,087,298 $4,847,530 $583,343 -$52,400 $4,167,868 $1,618,640
2038 19 23 $1,055,722 $764,753 $1,109,044 $4,993,925 $589,235 -$52,400 $4,172,498 $1,551,488
2039 20 24 $1,142,443 $772,401 $1,131,225 $5,144,742 $595,187 -$52,400 $4,177,331 $1,487,108
2040 21 25 $1,233,220 $780,125 $1,153,850 $5,300,113 $601,199 -$52,400 $4,182,363 $1,425,379
2041 22 26 $1,328,215 $787,926 $1,176,927 $5,460,176 $607,272 -$52,400 $4,187,591 $1,366,189
2042 23 27 $1,427,597 $795,805 $1,200,465 $5,625,074 $613,406 -$52,400 $4,193,009 $1,309,428
2043 24 28 $1,531,543 $803,764 $1,224,475 $5,794,951 $619,602 -$52,400 $4,198,614 $1,254,994
2044 25 29 $1,640,235 $811,801 $1,248,964 $5,969,959 $625,861 -$52,400 $4,204,401 $1,202,788
2045 26 30 $1,753,861 $819,919 $1,273,943 $6,150,251 $632,183 -$52,400 $4,210,368 $1,152,714
$19,075,173 $18,877,127 $26,145,723 $113,007,214 $14,537,471 -$12,966,500 -$1,362,400 $95,093,335 $40,586,745
8.3 4.1
66% 65%
3.1 4.2
Benefit-Cost Ratio (BCR)
MIRR (@75% Reinvestment Rate)
Payback Period (Years)
TOTALS
UNDISCOUNTED BENEFIT VALUES DISCOUNTED BENEFIT VALUES
DISCOUNT RATE
PROJECT COSTS
CONSTRUCTION MAINTENANCE
Figure 9: Benefit and Cost Streams by Type and Year