Questions and Answers
Q: What recommendations did the Iowa DOT make?
A: The Iowa DOT, city and county officials agreed that existing RUTF revenues should continue to flow through the existing distribution formula and any natural growth in those revenues should also continue to flow through the existing distribution formula.
The Iowa DOT, cities and counties also agreed that revenue from new funding sources or increases in existing funding sources should be placed in a new fund. Specifically, the Iowa DOT, Iowa County Engineers Association, Iowa State Association of County Supervisors, Iowa State Association of Counties, and Iowa League of Cities recommended:
- Creating a new fund (TIME-21).
- Enacting legislation to generate at least $200 million per year in new revenue for the TIME-21 fund.
- Establishing a 60 percent state, 20 percent city and 20 percent county funding distribution formula for TIME-21.
- Continued evaluation of alternative funding mechanisms.
- Regular re-evaluation of needs and revenues for Iowa's highway system.
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