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Georgia Transportation
Infrastructure Bank (GTIB)
ACCG Annual Conference
Saturday, April 18, 2015
Bert Brantley
Deputy Executive Director
SRTA Overview
The State Road & Tollway Authority (SRTA) is a
state-level independent authority created by
the Georgia General Assembly to:
• Operate Georgia toll facilities
• Serve as a State transportation financing arm
• Manage ~ $1.3B in transportation bonds
• Issue & service toll revenue financed debt
• Administer GTIB Program
SRTA is governed by a five-member Board:
Governor (Chair)
GDOT Commissioner
OPB Director
Lt. Gov.’s Appointee
Speaker’s Appointee
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Georgia Transportation Infrastructure Bank
 Established by House Bill 1019 in April 2008
and policies approved by SRTA’s Board of
Directors on June 29, 2009
 A revolving infrastructure investment fund
that provides grants and loans to
community improvement districts (CIDs)
and state, regional and local government
entities
Triple Left Turn
 Funds much needed transportation
improvement projects and adds economic
value to local communities, boost local
economies and strengthen local
transportation networks
Traffic Signal Safety Improvements
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Georgia Transportation Infrastructure Bank
Filling the Funding Gap:
Established in 2008 by the Georgia Legislature, GTIB provides
funding to jumpstart, speed up or complete innovative,
mobility-enhancing projects.
Supporting Economic Vitality at the Local Level:
GTIB funds road infrastructure projects that enable local
communities and businesses to thrive.
Powerful Partnerships Ensure Smart Financial
Investments, Stronger Impact:
GTIB funds have jumpstarted or completed dozens of
projects that demonstrate the powerful impact of publicprivate collaborations and projects.
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GTIB Selection Process
More than $55 million in GTIB grants and loans awarded through
2014 support approximately $200 million in total project value.
SRTA Board must vote and approve
final potential GTIB awardee lists
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Ranking Methodology
GRANTS
LOANS
• Transportation/Engineering
Merit
• Transportation/Engineering
Merit
• Economic Merit
• Economic Merit
• Matching
• Borrower Type, Project Type,
Requested Loan Terms (Spenddown and Repayment Terms)
• Project Phase
• Project Phase
• Project Feasibility
• Project Feasibility
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GTIB Milestone Accomplishments To-Date
 Legislation approved – May 2008
 Policy and procedures created – July 2009
 Web page developed and posted – Oct. 2009
 1st Round of Grant Funds Awarded– June 2010
GTIB
 2nd Round of Grant & Loan Funds Awarded - June 2012
 3rd Round of Grant & Loan Applications Received – October 2013
 (Largest response since program inception)
 3rd Round of Grant & Loan Funds Awarded – May 2014
 4th Round Application/Registration Begins – Fall 2015
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Georgia Transportation Infrastructure Bank
3Rd Round Project Awardees
By the numbers…
•
16 Grants awarded
•
6 Loans awarded
•
$21.9M in Grant funds
•
$11.3M Loans
•
$100M total project
value
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Questions? Come see us in Booth 810.
Bert Brantley, Deputy Executive Director
[email protected]
GeorgiaTolls.com w PeachPass.com
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