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Annual Update to Transit Development Plan
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BRIEF OVERVIEW
The Long-Range Transportation Plan (LRTP) includes a Transit Element which covers the planning horizon to 2040. In addition, the Metropolitan Planning Organization (MPO) prepares a Transit Development Plan (TDP) which covers a 10-year planning horizon. A major TDP update is required every five years, which was approved by the Board on August 13, 2019. The subsequent four (4) annual time periods require annual progress reports. The Annual Progress Report for 2023 is attached for the Board's review and approval. The update addresses the system relative to grant funding, planning, and capital procurement objectives. Upon the Board's approval, the TDP annual update will be scheduled for approval by the Hernando/Citrus MPO. The TDP annual update will then be submitted to the Florida Department of Transportation (FDOT) for review and concurrence.
The Transit Development Plan (TDP) annual update is consistent with the Transit Element of the adopted Long Range Transportation Plan (LRTP).
FINANCIAL IMPACT
None currently.
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended that the Board approve the annual update to the Transit Development Plan (TDP) and authorize its transmittal to the Municipal Planning Organization (MPO) and Florida Department of Transportation (FDOT).