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In November 2010, the BRTB approved the financial forecast prepared by the Maryland Department of Transportation for Plan It 2035 through Resolution #11-13. This forecast applies an inflation factor to reflect future revenue projections. Federal regulations require future revenue projections and project cost estimates to be shown in "year of expenditure” dollars. MDOT and BMC staff have applied the same inflation assumptions to develop estimated costs for submitted projects in year of expenditure dollars. >> View Resolution #11-13 (pdf) For more information: Terry Freeland, tfreeland@baltometro.org, 410-732-0500 x1028 Todd Lang, tlang@baltometro.org, 410-732-9566
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Plan It 2035 is the next Long-Range Transportation Plan for the Baltimore Region. |
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Last Updated on Friday, 10 February 2012 17:30




