The Road Commission for Oakland County (RCOC) today unanimously approved the agency’s Fiscal Year 2022 budget.
The budget was presented to the public at a public hearing on Aug. 19. The $180 million budget represents an increase of about $19.2 million compared to the 2021 budget of $161 million that was adopted in September of last year.
RCOC anticipates receiving almost $115 million in state road funding in fiscal year 2022, compared to just over $102 million received in the current year. State road funding is derived primarily from state-collected fuel taxes, vehicle-registration fees and state General Fund dollars.
Fiscal year 2021 marked the final year of new, additional state road funding tied to the 2015 Michigan road-funding-increase package. The state dollars continue to represent RCOC’s largest source of funding and its main funding source for operations.
The remaining revenue making up the budget comes from local community contributions ($17.3 million) federal funds ($28.5 million), the contract with the Michigan Department of Transportation (MDOT) to maintain state highways in the county ($11.9 million), state Transportation Economic Development Fund (TEDF) grants ($2.4 million), federal funds for traffic signals ($2.3 million) and fees and other revenues ($2.9 million).
The TEDF and federal funds are awarded on a project-by-project basis, and the amount RCOC receives from each source fluctuates from year to year.
The 2022 budget includes nearly $62.3 million in annual contributions toward road-improvement projects planned to be under construction in 2022 and future years (this is not the total cost for these projects -- some costs were included in the current year’s budget or will be included in the 2023 budget where projects are carried over from last year or expected to be carried over into 2023); $38.3 million for road maintenance efforts such as pothole patching, gravel road grading and salting and plowing in the winter; and $18.1 million for maintaining traffic signs, signals, pavement markings and guardrails among other activities.
The remainder of the budget is dedicated to operating expenses including customer services, vehicle maintenance, staff wages, buildings and grounds and administration.
The RCOC’s fiscal year runs from Oct. 1 to Sept. 30. The budget is available in the “Financials” section of the RCOC website, www.rcocweb.org.