would be authorized by the City for both Street Utility Fees and System Developm ent Charges. While not entirely elim inating the anticipated gap between id entified transportation needs and available financial resources, these revenue increases would provide sufficient funding to im plem ent a wide variety of multi- modal im provem ent projects. Ty pical projects included in the TSP m ulti-m odal action plan include the remainder of the 17-project list; safety projects that address existing high crash rate locations and other potentially high risk safety needs; projects that address current and anticipated congestion problem locations; projects to encourage the use of alternative travel modes such as walking, bicy cling and transit through the provision of needed infrastructure; econom ic developm ent projects; and projects that m ake more efficient use of the existing transportation sy stem . Revenue estim ates based on existing funding sources, pe nding legislation to increase state transportation revenues (Medford’ s estim ated share) and the SDC and Street Utility increases are sum marized in Table 1-1. Table 1-1 Summary of City of Medford 20-Year Revenue Estimates Item 2004-2008 2009-2013 2014-2023 Estimated Revenue from Existi ng Sources $51,533,000 $56,789,000 $87,347,000 Estimated Revenue from Anticipated Sources1 $4,146,000 $7,012,000 $23,338,000 Total Estimated Rev enue $55,679,000 $63,801,000 $110,685,00 0 Fixed Expenditures $36,207,000 $39,090,000 $96,268,000 Balance Carried Forward $10,000,002 $0 $0 Total Rev enue Av ailable for Capi tal Projects $29,474,000 $24,711,000 $14,417,000 1 Includes pending State transportation rev enue increase and 3 percent per y ear in crease in both the city ’s System Development Charges (SDCs ) and Street Utility Fee. Improvements Based on the existing and anticipated revenues from pending state legislation and/or locally -controlled revenue sources that can be increased to m eet funding needs, a 20-y ear transportation im provem ent program of approxim ately $68.6 m illion is proposed. Re ferred to as Tier 1 or “funded” projects, specific transportation projects are presented in the tables deta iling short, m edium and long-term funding priorities in Chapter 13 of the TSP. These priority lists include not only projects that would be im plem ented by the City of Medford, but also those that would be im plem ented by ODOT or Jackson County within the Medford Urban Growth Boundary . In sum mary, the City of Medford projects include the following: • Com pletion of the 17-project list except for the N. Front Street extension. With an estim ate of $8.7 m illion, refinem ent planning should be c onducted to identify the m ost cost-effective approach to meeting the goals of this project. Total share of the 20-y ear im provem ent program = 27 percent. • Address all congestion relief im provem ent projects id entified in the City ’s Level of Service Study (except where the need appears to be bey ond 20-y ears or part of the Highway 62 Unit 2 improvem ent program ). Total share of the 20-y ear im provem ent program = 14 percent. Medford Transportation System Plan 1-28 Introduction and Executive Summary

Transportation System Plan 2018-2038