Transportation Revolving Fund(TRF)

Innovative Financing for Kansas Communities

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 rate information.

TRF Basics

1.  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

2. 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.

3. 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 limit.