413 / 634
introduction FY2014
North Carolina Department of Transportation's Roadway STIP
Total Cost
Incurring Debt
Project Year
Estimated Cost
Debt
Service
First Year
Interest
Rate
Comparative
Tax Rate (First
Year debt)
Cents
Adopted
Plan/Input
Source
NCDOT Roadway Projects -
1230 NC54Widening (Central)
2021
22,141,338
$
23,055,215
$
2022 4.00%
6.17
TP
1210 NC54Widening (North)
2021
16,656,003
$
21,099,326
$
2022 4.00%
5.64
TP
1120 NC54Widening (South)
2021
8,428,003
$
10,676,341
$
2022 4.00%
2.86
TP
1020 Watkins Road Widening
2021
2,610,000
$
3,306,270
$
2022 4.00%
0.88
TP
1030 Church Street Widening
2021
14,348,749
$
18,176,566
$
2022 4.00%
0.79
TP
1040 Little Drive
2021
3,100,000
$
3,926,987
$
2022 4.00%
1.22
TP
1080 Slater Road Widening
2021
5,679,760
$
7,194,950
$
2022 4.00%
1.92
TP
1110 Airport Boulevard Widening
2021
5,325,000
$
7,592,177
$
2022 4.00%
2.03
TP
1130 Davis Drive Widening (North)
2021
2,075,000
$
2,958,454
$
2022 4.00%
0.79
TP
1140 Davis Drive Widening (South)
2021
3,200,000
$
4,562,435
$
2022 4.00%
1.22
TP
1150 McCrimmon Parkway Widening
2021
16,107,470
$
20,404,461
$
2022 4.00%
5.46
TP
1170 Airport Boulevard Extension
2021
13,961,861
$
17,686,468
$
2022 4.00%
4.73
TP
1180 Morrisville Carpenter Road Widening
2021
12,999,114
$
16,466,888
$
2022 4.00%
4.40
TP
1190 Aviation Parkway Widening
2021
14,827,553
$
18,783,100
$
2022 4.00%
5.02
TP
1200 Airport Boulevard RR Crossing
2021
18,200,000
$
23,055,215
$
2022 4.00%
6.17
TP
1220 McCrimmon Parkway RR Crossing
2021
18,200,000
$
23,055,215
$
2022 4.00%
6.17
TP
1240 Carrington Mill RR Crossing
2021
17,480,000
$
22,143,141
$
2022 4.00%
5.92
TP
1470 Louis Stephens Drive Extension and Widening
2021
9,400,000
$
11,013,598
$
2022 4.00%
2.95
TP
N
O R T H
C
A R O L I N A
D
E P A R T M E N T O F
T
R A N S P O R T A T I O N
’
S
S T I P
The NCDOT STIP Projects are listed as reference only in lieu of Town Policy 2009-068. These projects are worked through our
adopted Transportation Plan for regional or joint funding sources considering the magnitude and cross-jurisdictional
cooperation necessary for such projects.
Note: The Equivalent Tax Rate assumptions are based on the estimated cost of the 1
st
years Debt Service Payment calculated on using the
projected tax base in that year. Unfunded Projects default to 2022.
Key: TC = Town Center Plan; MP = Parks Master Plan; TP = Town’s Transportation Plan
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