The TRF was established with the passage of the Comprehensive Transportation
Program (CTP) in 1999. Over 50
different communities in Kansas have executed over $130 million in loan
agreements through this program.
KDOT is currently reviewing the TRF program. For further questions, please contact Kent Olson, Director of Fiscal and Asset Management at (785) 296-3640.
Below, you will find the basics of the program as well links items such as TRF
statute, rules and regulations, a program guide, application forms and interest
What is the TRF?
The Transportation Revolving Fund (TRF)
is a revolving loan program designed to provide low cost, flexible financing for
transportation projects, whether or not they are tied to KDOT projects
Why does KDOT offers this program? Historically, the TRF has been an
efficient way to utilize State Highway Fund dollars to fund local transportation
improvements. In fact, a $1
investment from the State Highway Fund can fund up to $5 in transportation
projects. This leverage is created
through our bonding process as well as the revolving nature of the program.
Why do locals use the TRF? To put it
simply, locals use the TRF to save on costs, start projects NOW and preserve
statutory debt limits. The cost
savings are realized through low administrative low interest costs. Many locals prefer to start a project
now, when costs are known versus delaying a project and perhaps realizing an
increase in costs due to inflation. Finally, the TRF is attractive to locals as
a TRF loan does not count against a local unit of governments statutory debt