Emilia Istrate, Senior Research Analyst. July 28, 2009 Washington DC

Size: px
Start display at page:

Download "Emilia Istrate, Senior Research Analyst. July 28, 2009 Washington DC"

Transcription

1 National Surface Transportation Legislation: Metropolitan Outlook Government Research Association Annual Conference Emilia Istrate, Senior Research Analyst July 28, 2009 Washington DC

2 1 2 3 The Background: Federal current Role in Primacy of Metros transportation Metropolitan debate Transportation

3 1 2 3 Primacy of Metros

4 Our Country s Top 100 Metros Engines of Growth 65% 74% 74% 75% 77% 84% 12% Land Area Population GDP Highest Residential Knowledge Educated Real Estate Economy Citizens Values Jobs Most Recent Immigrants Source: Brookings Analysis

5 Our Country s Top 100 Metros Concentrate Most of Our Transportation Functions 65% 72% 78% 92% 93% 100% 12% Land Area Population Seaport Tonnage Interstate Miles Traveled Air Passengers Amtrak Passengers Subway, Commuter, and Light Rail Passengers Source: Brookings Analysis

6 Transportation within Metros 80 percent of all travel occurs within metro areas Source: Federal Highway Administration

7 Transportation within Metros Half of all commute trips are suburb-to-suburb Two-thirds of freight tonnage travels less than 100 miles metro area city center

8 Intrametro Challenges Large Metropolitan Areas National Average 54 Hours The number of hours spent in traffic 38 Hours 14 Hours Source: Texas Transportation Institute

9 Intrametro Challenges The number of hours spent in traffic

10

11

12

13 Intrametro Challenges 8.4% Lower income workers spend more of their income to reach jobs 3.8% 6.1% Other Workers Working Poor Working Poor Commuting with a Car Source: Elizabeth Roberto, Commuting to Opportunity: The Working Poor and Commuting in the United States

14 Intrametro Challenges Transportation has become the second largest household expense Housing Transportation Food Healthcare Source: Bureau of Labor Statistics, Consumer Expenditures in 2005

15 Intrametro Challenges American Metro Drivers X 26 Gallons of Fuel 2.9 Billion Gallons of Wasted Fuel Per Year Source: Texas Transportation Institute, 2007 Urban Mobility Study

16 1 2 3 The federal government is struggling to respond to the metro transportation challenges

17 Three Problems: The Federal Government Is Absent European TEN-T Network For example, unlike competitor nations, we have no national freight and passenger rail policy Picture Credit: European Commission, Trans- European Networks

18 Three Problems: The Federal Government Is Outdated Metros receive only 7 percent of highway allocations directly Bridge 14.1% Congestion Mitigation & Air Quality Improvement 5.8% Interstate Maintenance 16.7% State 7.3% National Highway System 20.4% High Priority Projects 5.0% Other 3.3% Surface Transportation Program 23.9% Minimum Guarantee 10.1% Metro Planning 0.7% Small Metro and Rural 6.0% Safety 2.4% Enhancements 2.4% Metropolitan Suballocated 5.8%

19 Three Problems: The Federal Government Is Outdated Federal Highway Share: 80% - 90% Federal Transit Share: 47%

20 Three Problems: The Federal Government Is Underperforming The federal government also fails to link transportation to other associated sectors, such as housing and education

21 Three Problems: The Federal Government Is Underperforming The federal transportation program has almost no focus on outcomes, performance, or accountability

22 1 2 3 The current transportation reauthorization debate

23 Transportation Authorization Bills- Short term and long term Surface Transportation Authorization Act of the 6 years House T&I Committee bill Senate s 18 months clean extension of SAFETEA-LU The Administration s proposal for a 18 months modified extension of SAFETEA-LU

24 Surface Transportation Authorizations 2005 and 2009 afe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU) xpires September 30, pages $ 286 bln funding Surface Transportation Authorization Act of pages $ 500 billions funding

25 Surface Transportation Authorization Act of 2009 Great points: Metropolitan mobility and access program National Transportation Strategic Plan Office of Livability Office of Public Benefit Congressmen Oberstar and DeFazio Performance standards Invests in high speed rail Equalizes the federal matching rate for transit and highways Emphasis on intermodalism, sustainability, and connectivity

26 Surface Transportation Authorization Act of 2009 he contention points are missing: No dollar amounts for the programs No formulas for the allocation of authorized funding to the states No percentage for the Equity bonus program- the donor-donnee debate Not clear the funding source for high speed rail Not clear what funding sources from the Ways and Means Com In addition: Not major changes to the highway program More money for everybody, in a silo manner The National Infrastructure Bank section was eliminated

27 Surface Transportation Authorization Extension President Obama and Secretary LaHood Immediate 18-month extension of SAFETEA-LU $ 20 bln untill March 2011 Use cost/benefit analysis to measure projects Support and strengthen metropolitan areas Promote broad principles of sustainability Clean 18 months extension of SAFETEA-LU Comes with a $ 27 bln patch of the Highway Trust Fund, from the General Fund (discussed) Same old business of SAFETEA-LU Provides a short term solution to HTF bankruptcy Allows for more discussion of the revenue sources for the 6 years reauthorization bill

28 Challenges to Current Transportation Reauthorization NO MONEY The insolvency of the Highway Trust Fund The current economic recession The lack of expedient revenue sources The high price tag of the House bill The crowded Congress schedule

29 Highway Account Balance The cash balance of the Highway Trust Fund - $ 5.1 bln FY $ 9.6 bln FY 2010 Source: GAO 2009

30 Senate s and the Administration s positions What s Next- Short Term Scenarios For the 18 months extension: The Senate Finance Committee attaches the funding piece to the 18 months extension Senate votes on the extension House s position For the 6 years reauthorization bill: House patches the HTF with an short term appropriation bill The Ways and Means Committee specifies the funding sources The bill is brought to the floor

31 National Surface Transportation Legislation: Metropolitan Outlook Government Research Association Annual Conference Emilia Istrate, Senior Research Analyst July 28, 2009 Washington DC

Mobility / Other Modes Roger Nober Executive Vice President Law and Secretary BNSF Railway

Mobility / Other Modes Roger Nober Executive Vice President Law and Secretary BNSF Railway Mobility / Other Modes Roger Nober Executive Vice President Law and Secretary BNSF Railway Today s Discussion Urban Mobility Rural Mobility and Safety Other Modes: Mass Transportation Freight and Intercity

More information

Chapter 3: Regional Transportation Finance

Chapter 3: Regional Transportation Finance Chapter 3: Regional Transportation Finance This chapter examines the sources of funding for transportation investments in the coming years. It describes recent legislative actions that have changed the

More information

TRANSPORTATION REFORM, FUNDING, AND FINANCING Excerpts from the AARP Policy Book

TRANSPORTATION REFORM, FUNDING, AND FINANCING Excerpts from the AARP Policy Book TRANSPORTATION REFORM, FUNDING, AND FINANCING Excerpts from the AARP Policy Book Congress extended the provisions of the Safe, Accountable, Flexible and Efficient Transportation Equity Act-A Legacy for

More information

Interested Parties William E. Hamilton Transportation Needs and Revenue Distribution

Interested Parties William E. Hamilton Transportation Needs and Revenue Distribution MEMORANDUM DATE: December 3, 2010 TO: FROM: RE: Interested Parties William E. Hamilton Transportation Needs and Revenue Distribution Introduction Michigan residents rely on a safe efficient transportation

More information

APPENDIX FOR THE METROPOLITAN LONG RANGE TRANSPORTATION PLAN Forecast of State and Federal Revenues for Statewide and Metropolitan Plans

APPENDIX FOR THE METROPOLITAN LONG RANGE TRANSPORTATION PLAN Forecast of State and Federal Revenues for Statewide and Metropolitan Plans APPENDIX FOR THE METROPOLITAN LONG RANGE TRANSPORTATION PLAN 2035 Forecast of State and Federal Revenues for Statewide and Metropolitan Plans Overview This appendix documents the current Florida Department

More information

Analysis of Regional Transportation Spending

Analysis of Regional Transportation Spending Analysis of Regional Transportation Spending An overview of transportation revenues and expenses of Greater Des Moines June 2016 Contents Executive Summary Purpose Key Findings Regional Goals Federal Funding

More information

INVESTMENT STRATEGIES

INVESTMENT STRATEGIES 3 INVESTMENT STRATEGIES 70 INVESTMENT STRATEGIES 71 A key role of Mobilizing Tomorrow is to outline a strategy for how the region will invest in transportation infrastructure over the next 35 years. This

More information

Switching from a Gas Tax to a Mileage-Based User Fee

Switching from a Gas Tax to a Mileage-Based User Fee AP PHOTO/RICK BOWMER Switching from a Gas Tax to a Mileage-Based User Fee How Embracing New Technology Will Reduce Roadway Congestion, Provide Long-Term Funding, and Advance Transportation Equity By Kevin

More information

THE FUTURE OF FEDERAL TRANSPORTATION FUNDING: MAP-21 REAUTHORIZATION AND BEYOND. Tuesday, October 21, 2014 National Conference of State Legislatures

THE FUTURE OF FEDERAL TRANSPORTATION FUNDING: MAP-21 REAUTHORIZATION AND BEYOND. Tuesday, October 21, 2014 National Conference of State Legislatures THE FUTURE OF FEDERAL TRANSPORTATION FUNDING: MAP-21 REAUTHORIZATION AND BEYOND Tuesday, October 21, 2014 National Conference of State Legislatures Transportation Faces A Coming Fiscal Cliff The current

More information

FUNDING AND FINANCE FEDERAL TRANSPORTATION PROGRAMS STATE FUNDING OPTIONS

FUNDING AND FINANCE FEDERAL TRANSPORTATION PROGRAMS STATE FUNDING OPTIONS Minnesota Transportation Advisory Committee FUNDING AND FINANCE FEDERAL TRANSPORTATION PROGRAMS STATE FUNDING OPTIONS Jack Basso Director of Program Finance and Management American Association of State

More information

Make HTF Great Again: Fast Act and Highway Trust Fund

Make HTF Great Again: Fast Act and Highway Trust Fund ATSSA s Virginia and Chesapeake Chapters Make HTF Great Again: Fast Act and Highway Trust Fund Robby Wehagen Director of Government Relations Highway Bill & HTF Funding Where Were We? Today s FAST Act

More information

WELCOME AND INTRODUCTORY REMARKS

WELCOME AND INTRODUCTORY REMARKS WELCOME AND INTRODUCTORY REMARKS Wendy Franklin Director of Finance Programs, AASHTO Center for Excellence in Project Finance Jack Basso Director, AASHTO Center for Excellence in Project Finance Polly

More information

2007 Legislative Program Northern Virginia Transportation Authority Approved: November 10, 2006

2007 Legislative Program Northern Virginia Transportation Authority Approved: November 10, 2006 State Legislative Items: Additional Transportation Funding 2007 Legislative Program Northern Virginia Transportation Authority Approved: November 10, 2006 Position: The Northern Virginia Transportation

More information

Impact of New Highway Bill on Cement Consumption

Impact of New Highway Bill on Cement Consumption Contact: Ed Sullivan, Group VP & Chief Economist, (847) 972 9006, esullivan@cement.org December 9, 2015 Impact of New Highway Bill on Cement Consumption Overview Congress passed a five year transportation

More information

MAP-21 Policy Themes and Perspectives

MAP-21 Policy Themes and Perspectives MAP-21 Policy Themes and Perspectives Presented to the National Conference of State Legislatures Transportation Committee December 5, 2013 Art Guzzetti Vice President Policy American Public Transportation

More information

Transportation for Montana s Future. Jim Lynch, Director Hal Fossum, Economist

Transportation for Montana s Future. Jim Lynch, Director Hal Fossum, Economist Transportation for Montana s Future Jim Lynch, Director Hal Fossum, Economist Transportation in Montana Over $2 billion in state and federal transportation funds will be spent in Montana in the 2006-2009

More information

2035 Long Range Transportation Plan Update

2035 Long Range Transportation Plan Update Broward MPO 2035 Long Range Transportation Plan Update Technical Report # 6 Prepared by: In association with: December 2009 TABLE OF CONTENTS 1.0 Introduction... 1 1.1 Purpose... 1 1.2 Methodology and

More information

Financial Analysis Working Paper 1 Existing Funding Sources Draft: April 2007

Financial Analysis Working Paper 1 Existing Funding Sources Draft: April 2007 Financial Analysis Working Paper 1 Existing Funding Sources Draft: April 2007 Prepared for: By: TABLE OF CONTENTS INTRODUCTION... 1 REVIEW OF FRED AND VRE EXISTING FUNDING SOURCES... 1 Federal Funding...

More information

2017 UNIFIED TRANSPORTATION PROGRAM AND HB 20 IMPLEMENTATION

2017 UNIFIED TRANSPORTATION PROGRAM AND HB 20 IMPLEMENTATION 2017 UNIFIED TRANSPORTATION PROGRAM AND HB 20 IMPLEMENTATION HGAC Transportation Policy Council Meeting Current Initiatives On-going efforts to address performance-based planning and programming processes

More information

Joint Appropriations Subcommittee on Transportation

Joint Appropriations Subcommittee on Transportation Joint Appropriations Subcommittee on Transportation Funding Overview February 21, 2013 H. Tasaico, PE 1 NCDOT Funding Overview - Agenda State Transportation Comparative Data Transportation Funding Sources

More information

a GAO GAO INTERCITY PASSENGER RAIL Amtrak s Management of Northeast Corridor Improvements Demonstrates Need for Applying Best Practices

a GAO GAO INTERCITY PASSENGER RAIL Amtrak s Management of Northeast Corridor Improvements Demonstrates Need for Applying Best Practices GAO United States General Accounting Office Report to the Chairman, Committee on Commerce, Science, and Transportation, U.S. Senate February 2004 INTERCITY PASSENGER RAIL Amtrak s Management of Northeast

More information

PAYING OUR WAY: A NEW FRAMEWORK FOR TRANSPORTATION FINANCE

PAYING OUR WAY: A NEW FRAMEWORK FOR TRANSPORTATION FINANCE NATIONAL SURFACE TRANSPORTATION INFRASTRUCTURE FINANCING COMMISSION PAYING OUR WAY: A NEW FRAMEWORK FOR TRANSPORTATION FINANCE Final Report Briefing Presented by: Dr. Adrian Moore, Commissioner Vice President,

More information

Transportation Finance Overview. Presentation Contents

Transportation Finance Overview. Presentation Contents Transportation Finance Overview Matt Burress House Research Department matt.burress@house.mn Andy Lee House Fiscal Analysis andrew.lee@house.mn January 5 th & 10 th, 2017 Presentation Contents 2 Part 1:

More information

INVESTING STRATEGICALLY

INVESTING STRATEGICALLY 11 INVESTING STRATEGICALLY Federal transportation legislation (Fixing America s Surface Transportation Act FAST Act) requires that the 2040 RTP be based on a financial plan that demonstrates how the program

More information

NCDOT Funding Overview

NCDOT Funding Overview NCDOT Funding Overview Joint Appropriations Subcommittee on Transportation Mark L. Foster, CFO H. Tasaico February 16, 2011 Transportation Outlook NCDOT Funding Sources Transportation Funding Equity Cash

More information

Northern Virginia Transportation Commission: 2018 Legislative and Policy Agenda

Northern Virginia Transportation Commission: 2018 Legislative and Policy Agenda Northern Virginia Transportation Commission: 2018 Legislative and Policy Agenda Northern Virginia s economic growth and global competitiveness are directly tied to the region s transit network. Transit

More information

DRAFT An Act Providing for the Detection and Prevention of Fraud, Waste, Abuse and Improper Payments in State Government

DRAFT An Act Providing for the Detection and Prevention of Fraud, Waste, Abuse and Improper Payments in State Government !" #" $" %" &" '" (" )" *"!+"!!"!#"!$"!%"!&"!'"!("!)"!*" #+" #!" ##" #$" #%" #&" #'" #(" #)" #*" $+" $!" $#" $$" $%" $&" $'" $(" $)" $*" %+" %!" %#" %$" %%" %&" %'" DRAFT An Act Providing for the Detection

More information

Washington Metropolitan Area Transit Authority Metro Budget Overview

Washington Metropolitan Area Transit Authority Metro Budget Overview Washington Metropolitan Area Transit Authority Metro Budget Overview February 2011 Metro 10,877 Employees (10,974 budgeted) 1,491 Buses 588 Escalators and 237 Elevators 106 Miles of Track 92 Traction Power

More information

2017 UNIFIED TRANSPORTATION PROGRAM AND HB 20 IMPLEMENTATION

2017 UNIFIED TRANSPORTATION PROGRAM AND HB 20 IMPLEMENTATION 2017 UNIFIED TRANSPORTATION PROGRAM AND HB 20 IMPLEMENTATION TEMPO Meeting July 21, 2016 Current Initiatives On-going efforts to address performance-based planning and programming processes as required

More information

V. FUNDING OPTIONS A. FUNDING THE NRPC -- THE GOVERNMENT OVERSIGHT AGENCY

V. FUNDING OPTIONS A. FUNDING THE NRPC -- THE GOVERNMENT OVERSIGHT AGENCY V. FUNDING OPTIONS The proposed rail passenger restructuring plan will only be effective if there are adequate, reliable sources of funding for the three types of entities being proposed: the NRPC (the

More information

WASATCH FRONT REGIONAL TRANSPORTATION PLAN FINANCIAL PLAN. Technical Report 47 May 2007 DAVIS MORGAN SALT LAKE TOOELE WEBER

WASATCH FRONT REGIONAL TRANSPORTATION PLAN FINANCIAL PLAN. Technical Report 47 May 2007 DAVIS MORGAN SALT LAKE TOOELE WEBER WASATCH FRONT REGIONAL TRANSPORTATION PLAN 2007-2030 FINANCIAL PLAN Technical Report 47 May 2007 DAVIS MORGAN SALT LAKE TOOELE WEBER 2030 RTP Financial Plan WASATCH FRONT REGIONAL TRANSPORTATION PLAN

More information

TESTIMONY. The Texas Transportation Challenge. Testimony Before the Study Commission on Transportation Financing

TESTIMONY. The Texas Transportation Challenge. Testimony Before the Study Commission on Transportation Financing TESTIMONY The Texas Transportation Challenge Testimony Before the Study Commission on Transportation Financing Ric Williamson Chairman Texas Transportation Commission April 19, 2006 Texas Department of

More information

Contents. Alamo Area Metropolitan Planning Organization. Introduction S. St. Mary s Street San Antonio, Texas 78205

Contents. Alamo Area Metropolitan Planning Organization. Introduction S. St. Mary s Street San Antonio, Texas 78205 Contents Introduction 1 Alamo Area Metropolitan Planning Organization Tel 210.227.8651 Fax 210.227.9321 825 S. St. Mary s Street San Antonio, Texas 78205 www.alamoareampo.org aampo@alamoareampo.org Pg.

More information

Financial Forecasting Assumptions for Plan 2040 (DRAFT)

Financial Forecasting Assumptions for Plan 2040 (DRAFT) Financial Forecasting Assumptions for Plan 2040 (DRAFT) Inflation and Long Range Cost Escalation For the FY 2012 2017 TIP period, ARC will use the GDOT recommended 4 percent inflation rate. This conservative

More information

City Engineers Association of Minnesota Annual Conference January 31, 2013

City Engineers Association of Minnesota Annual Conference January 31, 2013 City Engineers Association of Minnesota Annual Conference January 31, 2013 Highway User Tax Distribution (HUTD) Fund Gas Tax Registration Tax Motor Vehicle Sales Tax (MVST) Trunk Highway Fund County State

More information

Transportation Infrastructure Finance and Innovation Act (TIFIA)

Transportation Infrastructure Finance and Innovation Act (TIFIA) Slide 1 Transportation Infrastructure Finance and Innovation Act (TIFIA) Reno Rail Corridor Port of Miami Tunnel SH 130 Jorianne Jernberg, Financial Analyst Office of Innovative Program Delivery Federal

More information

Transportation Funding in the Charlotte Region

Transportation Funding in the Charlotte Region Transportation Funding in the Charlotte Region Andy Grzymski, Charlotte DOT August 21, 2007 Charlotte Region HOV/HOT/ Managed Lanes Study Workshop Background The Charlotte Region One of the South s s

More information

2017 Educational Series FUNDING

2017 Educational Series FUNDING 2017 Educational Series FUNDING TXDOT FUNDING INTRODUCTION Transportation projects take many years to develop and construct. In addition to the design, engineering, public involvement, right-of-way acquisition,

More information

Chapter 5: Cost and Revenues Assumptions

Chapter 5: Cost and Revenues Assumptions Chapter 5: Cost and Revenues Assumptions Chapter 5: Cost and Revenues Assumptions INTRODUCTION This chapter documents the assumptions that were used to develop unit costs and revenue estimates for the

More information

Overview of Minnesota Highway and Transit Finance. Metropolitan Council Transportation Committee June 22, 2015 and July 13, 2015

Overview of Minnesota Highway and Transit Finance. Metropolitan Council Transportation Committee June 22, 2015 and July 13, 2015 Overview of Minnesota Highway and Transit Finance Metropolitan Council Transportation Committee June 22, 2015 and July 13, 2015 Today s topics MN and Metro Area transportation revenues and expenditures

More information

Portal North Bridge Project Hudson County, New Jersey Core Capacity Project Development (Rating Assigned February 2017)

Portal North Bridge Project Hudson County, New Jersey Core Capacity Project Development (Rating Assigned February 2017) Portal North Bridge Project Hudson County, New Jersey Core Capacity Project Development (Rating Assigned February 2017) Summary Description Proposed Project: Commuter Rail Capacity Improvement 2.3 Miles

More information

Last year, transit spent almost $1.1 billion on materials and services contracts with more than 2,000 Pennsylvania businesses.

Last year, transit spent almost $1.1 billion on materials and services contracts with more than 2,000 Pennsylvania businesses. TRANSIT D+ 2006 Report Card for Pennsylvania s Infrastructure In recent years, transit use has increased faster than any other mode of transportation. More than one million Pennsylvanians use public transit

More information

Indiana Transportation Funding Update

Indiana Transportation Funding Update Indiana Transportation Funding Update Presented at the 2016 Purdue Road School Dan Brassard Chief Financial Officer, INDOT March 8, 2016 Transportation Funding Proposals: Indiana is NOT Unique Across the

More information

Federal Transit Funding Crisis: A Message to Congress Presented by Alex Clifford, CEO Santa Cruz Metropolitan Transit District (METRO) 2017

Federal Transit Funding Crisis: A Message to Congress Presented by Alex Clifford, CEO Santa Cruz Metropolitan Transit District (METRO) 2017 Federal Transit Funding Crisis: A Message to Congress Presented by Alex Clifford, CEO Santa Cruz Metropolitan Transit District (METRO) 2017 HOW CAN CONGRESS HELP? Santa Cruz Metropolitan Transit District

More information

ALL Counties. ALL Districts

ALL Counties. ALL Districts TEXAS TRANSPORTATION COMMISSION ALL Counties rhnute ORDER Page of ALL Districts The Texas Transportation Commission (commission) finds it necessary to propose amendments to. and., relating to Transportation

More information

Financial Snapshot October 2014

Financial Snapshot October 2014 Financial Snapshot October 2014 Financial Snapshot About the Financial Snapshot The Financial Snapshot provides answers to frequently asked questions regarding MoDOT s finances. This document provides

More information

Circulation Draft Created on 12/8/2009 2:58:00 PM

Circulation Draft Created on 12/8/2009 2:58:00 PM Circulation Draft Notes: This document is a draft document. It is not to be construed as a final product as it will change (i.e. items may be added or deleted). Please feel free to send comments at any

More information

A Smart Infrastructure Agenda for the 21 st Century

A Smart Infrastructure Agenda for the 21 st Century A Smart Infrastructure Agenda for the 21 st Century Robert Puentes Grand Valley Metropolitan Council Growing Communities Conference Grand Rapids, Michigan June 14, 2007 Preface: How you grow physically

More information

FY2011 Budget Forum. District of Columbia. October 19, 2009

FY2011 Budget Forum. District of Columbia. October 19, 2009 FY2011 Budget Forum District of Columbia October 19, 2009 0 Meeting agenda What is Metro and what is the value of Metro service? What are the Fiscal Year 2011 budget challenges? What are the potential

More information

Financial. Snapshot An appendix to the Citizen s Guide to Transportation Funding in Missouri

Financial. Snapshot An appendix to the Citizen s Guide to Transportation Funding in Missouri Financial Snapshot An appendix to the Citizen s Guide to Transportation Funding in Missouri November 2017 Financial Snapshot About the Financial Snapshot The Financial Snapshot provides answers to frequently

More information

Alaska Transportation Finance Study Alaska Municipal League

Alaska Transportation Finance Study Alaska Municipal League Alaska Transportation Finance Study Alaska Municipal League presented to Alaska House Transportation Committee presented by Christopher Wornum Cambridge Systematics, Inc. February 12, 2009 Transportation

More information

TEX Rail Fort Worth, Texas Project Development (Rating Assigned November 2012)

TEX Rail Fort Worth, Texas Project Development (Rating Assigned November 2012) TEX Rail Fort Worth, Texas Project Development (Rating Assigned November 2012) Summary Description Proposed Project: Commuter Rail 37.6 Miles, 14 Stations (12 new, two existing) Total Capital Cost ($YOE):

More information

Impact of Rising Construction Costs on State Highway Construction Programs

Impact of Rising Construction Costs on State Highway Construction Programs Impact of Rising Construction Costs on State Highway Construction Programs By William Buechner, PhD. VP for Economics and Research American Road & Transportation Builders Association September 11, 2007

More information

Fiscal Year VDOT Annual Budget June 2011

Fiscal Year VDOT Annual Budget June 2011 Fiscal Year 2011-2012 VDOT Annual Budget June 2011 For Further Information Contact: Virginia Department of Transportation Financial Planning Division 1221 E. Broad Street, 4th Floor Richmond, VA 23219

More information

Increased Transportation Infrastructure Investment Critical to State s Continued Economic Development

Increased Transportation Infrastructure Investment Critical to State s Continued Economic Development Increased Transportation Infrastructure Investment Critical to State s Continued Economic Development Overview In 2017 the Legislature passed and Governor Edmund G. Brown Jr. signed SB 1 (Beall; D-San

More information

The Oregon Department of Transportation Budget

The Oregon Department of Transportation Budget 19 20 The Oregon Department of Transportation Budget The Oregon Department of Transportation was established in 1969 to provide a safe, efficient transportation system that supports economic opportunity

More information

Key Elements of the U.S. Tax System

Key Elements of the U.S. Tax System What are the major federal excise taxes, and how much money do they raise? EXCISE TAXES 1/2 Q. What are the major federal excise taxes, and how much money do they raise? A. Federal excise tax revenues

More information

Transportation Budget Trends

Transportation Budget Trends 2018 2019 Transportation Budget Trends Transportation Budget Trends 2018 2019 Wisconsin Department of Transportation The report provides a comprehensive view of transportation budget information presented

More information

APPENDIX 5 FINANCIAL ANALYSIS

APPENDIX 5 FINANCIAL ANALYSIS APPENDIX 5 FINANCIAL ANALYSIS Background Starting with the Intermodal Surface Transportation Equity Act of 1991, it has been a consistent requirement of federal law and regulation that the projects included

More information

Chapter 4: Regional Transportation Finance

Chapter 4: Regional Transportation Finance 4.1 Chapter 4: Regional Transportation Finance 2040 4.2 CONTENTS Chapter 4: Transportation Finance Overview 4.3 Two Funding Scenarios 4.4 Current Revenue Scenario Assumptions 4.5 State Highway Revenues

More information

Appendix O. Transportation Financial Background

Appendix O. Transportation Financial Background Appendix O Transportation Financial Background Appendix Contents Background Consistency with Other Federal, State, and Local Documents Revenue Constrained Financial Assumptions Revenue Sources: Availability

More information

February 2016 Financial Report

February 2016 Financial Report 2016 February 2016 Financial Report Capital Metropolitan Transportation Authority 4/13/2016 Table of Contents SUMMARY REPORT Budgetary Performance - Revenue 2 - Sales Tax Revenue 5 - Operating Expenses

More information

Technical Appendix. FDOT 2040 Revenue Forecast

Technical Appendix. FDOT 2040 Revenue Forecast Technical Appendix FDOT 040 Revenue Forecast This page was left blank intentionally. APPENDIX FOR THE METROPOLITAN LONG RANGE PLAN 040 Forecast of State and Federal Revenues for Statewide and Metropolitan

More information

Transportation Trust Fund Overview

Transportation Trust Fund Overview Transportation Trust Fund Overview Created pursuant to New Jersey Transportation Trust Fund Authority Act of 1984 Established to finance the cost of planning, acquisition, engineering, construction, reconstruction,

More information

Building Bridges To Our Future. Ward Nye Chairman of the Board, NSSGA President and CEO, Martin Marietta Materials

Building Bridges To Our Future. Ward Nye Chairman of the Board, NSSGA President and CEO, Martin Marietta Materials Building Bridges To Our Future Ward Nye Chairman of the Board, NSSGA President and CEO, Martin Marietta Materials Texas Aggregates and Concrete Association 2013 Annual Meeting June 26, 2013 Bridging Challenging

More information

Overview of State Highway Fund 0006 Revenues and Allocations, the Texas Mobility Fund, and the Texas Rail Relocation and Improvement Fund

Overview of State Highway Fund 0006 Revenues and Allocations, the Texas Mobility Fund, and the Texas Rail Relocation and Improvement Fund Overview of State Highway Fund 0006 Revenues and Allocations, the Texas Mobility Fund, and the Texas Rail Relocation and Improvement Fund Legislative Budget Board Contents General Overview of State Highway

More information

Finance Tools. Surface Transportation Funding, Finance, and Leadership. Joung Lee Wendy Franklin Deb Miller

Finance Tools. Surface Transportation Funding, Finance, and Leadership. Joung Lee Wendy Franklin Deb Miller Finance Tools Surface Transportation Funding, Finance, and Leadership Joung Lee Wendy Franklin Deb Miller AASHTO Center for Excellence in Project Finance (CEPF) One of four Centers of Excellence authorized

More information

A report by the University of Vermont Transportation Research Center. Challeges and Opportunities for Rural States

A report by the University of Vermont Transportation Research Center. Challeges and Opportunities for Rural States A report by the University of Vermont Transportation Research Center Future Surface Transportation Financing Option: Challeges and Opportunities for Rural States Report # 09-003 May 2009 UVM TRC Report

More information

Transportation Revenue Options and State Funding Initiatives

Transportation Revenue Options and State Funding Initiatives M I D A M E R I C A A S S O C I A T I O N O F S T A T E T R A N S P O R T A T I O N O F F I C I A L S 2 0 1 3 A N N U A L M E E T I N G M I L W A U K E E, W I W E D N E S D A Y 1 7 J U L Y 2 0 1 3 WHAT

More information

Rail Modernization Study REPORT TO CONGRESS. April Prepared by: Federal Transit Administration

Rail Modernization Study REPORT TO CONGRESS. April Prepared by: Federal Transit Administration REPORT TO CONGRESS April 2009 Prepared by: Federal Transit Administration U.S. Department of Transportation Federal Transit Administration 1201 New Jersey Avenue S.E. Washington DC 20590 The Honorable

More information

April 25, Martin Klepper Executive Director

April 25, Martin Klepper Executive Director April 25, 2017 Martin Klepper Executive Director A New Formula for Infrastructure Investment The BUILD AMERICA BUREAU 2 Bureau Credit Programs Transportation Infrastructure Finance and Innovation Act (TIFIA)

More information

Solutions: Accelerating Infrastructure Projects Goldman, Sachs & Co. April 22, 2008

Solutions: Accelerating Infrastructure Projects Goldman, Sachs & Co. April 22, 2008 MUNIROOT\V_NY\MuniVol0\Shared\Zach\PPP\Greg Carey's Speech for Texas Transportation Forum v4.10.08.doc effroz 11 Apr 2008 16:46 1/13 Solutions: Accelerating Infrastructure Projects Goldman, Sachs & Co.

More information

APPENDIX B TECHNICAL MEMORANDUM #2 TRANSPORTATION FUNDING

APPENDIX B TECHNICAL MEMORANDUM #2 TRANSPORTATION FUNDING APPENDIX B TECHNICAL MEMORANDUM #2 TRANSPORTATION FUNDING CONTENTS Purpose... B1 Summary of Transportation Funding Sources... B1 Figure B-1: Average Annual Transportation Revenue Breakdown by Source (2011-2015)...B1

More information

Revving up the Tax Engine: Gas Taxes and the DC Metro Area s Transportation Dilemma

Revving up the Tax Engine: Gas Taxes and the DC Metro Area s Transportation Dilemma Revving up the Tax Engine: Gas Taxes and the DC Metro Area s Transportation Dilemma Peter Nelson, Kenneth Gillingham, and Elena Safirova August 2003 Urban Complexities Issue Brief 03-05 Resources for the

More information

National Transportation Policy Options: A Time for Choice

National Transportation Policy Options: A Time for Choice National Transportation Policy Options: A Time for Choice A white paper for participants of the 2008 James L. Oberstar Forum The Next Authorization: Transforming Transportation Policy? April 6 7, 2008

More information

Notes Except where noted otherwise, dollar amounts are expressed in 214 dollars. Nominal (current-dollar) spending was adjusted to remove the effects

Notes Except where noted otherwise, dollar amounts are expressed in 214 dollars. Nominal (current-dollar) spending was adjusted to remove the effects CONGRESS OF THE UNITED STATES CONGRESSIONAL BUDGET OFFICE Public Spending on Transportation and Water Infrastructure, 1956 to 214 MARCH 215 Notes Except where noted otherwise, dollar amounts are expressed

More information

August 31, 2016 Financial Report

August 31, 2016 Financial Report August 31, 2016 Financial Report Capital Metropolitan Transportation Authority 10/14/2016 Table of Contents SUMMARY REPORTS Budgetary Performance - Revenue 2 - Sales Tax Revenue 6 - Operating Expenses

More information

CHAPTER 4 FINANCIAL STRATEGIES: PAYING OUR WAY

CHAPTER 4 FINANCIAL STRATEGIES: PAYING OUR WAY The financial analysis of the recommended transportation improvements in the 2030 San Diego Regional Transportation Plan: Pathways for the Future (RTP or the Plan ) focuses on four components: Systems

More information

Appendix A Apportionment Mechanism for FHWA Grants

Appendix A Apportionment Mechanism for FHWA Grants Appendix A Apportionment Mechanism for FHWA Grants Sources: FHWA (2005), Analysis of the Conference Report to H.R.3 as filed on 7/28/05 (RTA-000-1664A). URL as of 11/3/2011: http://www.fhwa.dot.gov/safetealu/fundtables.htm

More information

Kansas Economic Outlook 2007 Review and 2008 Forecast

Kansas Economic Outlook 2007 Review and 2008 Forecast Kansas Economic Outlook 2007 Review and 2008 Forecast By Janet Harrah Director Center for Economic Development and Business Research W. Frank Barton School of Business Wichita State University November

More information

Impact of Rising Construction Costs on State Highway Construction Programs

Impact of Rising Construction Costs on State Highway Construction Programs Impact of Rising Construction Costs on State Highway Construction Programs Presentation to Florida Transportation Commission By William Buechner, PhD. VP for Economics and Research American Road & Transportation

More information

HISTORY OF MASS TRANSIT FUNDING IN PENNSYLVANIA

HISTORY OF MASS TRANSIT FUNDING IN PENNSYLVANIA HISTORY OF MASS TRANSIT FUNDING IN PENNSYLVANIA There are over 70 transit systems in five classes determined by fleet size and type of service in Pennsylvania. Transit receives funds from six state sources:

More information

CHAPTER 5 INVESTMENT PLAN

CHAPTER 5 INVESTMENT PLAN CHAPTER 5 INVESTMENT PLAN This chapter of the 2014 RTP/SCS plan illustrates the transportation investments for the Stanislaus region. Funding for transportation improvements is limited and has generally

More information

House Funding Bill Imposes Further Cuts to Transportation Infrastructure By David Reich

House Funding Bill Imposes Further Cuts to Transportation Infrastructure By David Reich 820 First Street NE, Suite 510 Washington, DC 20002 Tel: 202-408-1080 Fax: 202-408-1056 center@cbpp.org www.cbpp.org June 9, 2015 House Funding Bill Imposes Further Cuts to Transportation Infrastructure

More information

Appendix. G RTP Revenue Assumptions REGIONAL TRANSPORTATION PLAN/SUSTAINABLE COMMUNITIES STRATEGY

Appendix. G RTP Revenue Assumptions REGIONAL TRANSPORTATION PLAN/SUSTAINABLE COMMUNITIES STRATEGY Appendix G RTP Revenue Assumptions REGIONAL TRANSPORTATION PLAN/SUSTAINABLE COMMUNITIES STRATEGY Exhibit G-1 2014 RTP REVENUE FORECAST ASSUMPTIONS LOCAL REVENUES Measure K Sales Tax Renewal Program: Description:

More information

VERMONT AGENCY OF TRANSPORTATION. FY2016 Budget. Sue Minter, Secretary of Transportation House Transportation Committee

VERMONT AGENCY OF TRANSPORTATION. FY2016 Budget. Sue Minter, Secretary of Transportation House Transportation Committee VERMONT AGENCY OF TRANSPORTATION FY2016 Budget Sue Minter, Secretary of Transportation House Transportation Committee February 19, 2015 FY2016 Budget 1 Five Year Budget History $ millions $658.1 $653.1

More information

April 30, 2016 Financial Report

April 30, 2016 Financial Report 2016 April 30, 2016 Financial Report Capital Metropolitan Transportation Authority 6/15/2016 Table of Contents SUMMARY REPORT Budgetary Performance - Revenue 2 - Sales Tax Revenue 6 - Operating Expenses

More information

NADO Annual Training Conference. Kathy Ruffalo Ruffalo and Associates, LLC August 25, 2014

NADO Annual Training Conference. Kathy Ruffalo Ruffalo and Associates, LLC August 25, 2014 NADO Annual Training Conference Kathy Ruffalo Ruffalo and Associates, LLC August 25, 2014 Topics Congressional landscape Highway Trust Fund outlook Funding and financing options Key issues to consider

More information

Transportation Research Board NHTS for Transportation Decision Making Washington D.C. June 6, 2011

Transportation Research Board NHTS for Transportation Decision Making Washington D.C. June 6, 2011 Transportation Research Board NHTS for Transportation Decision Making Washington D.C. June 6, 2011 To identify new or emerging travel behaviors, technologies and perspectives that may affect future travel

More information

Recent Policy and Legislative Actions To Pave All Unpaved Secondary Roads in North Carolina

Recent Policy and Legislative Actions To Pave All Unpaved Secondary Roads in North Carolina TRANSPORTATION RESEARCH RECORD 1291 69 Recent Policy and Legislative Actions To Pave All Unpaved Secondary Roads in North Carolina DAVID c. ROBINSON AND THOMAS R. KENDIG North Carolina has the largest

More information

TEXAS TRANSPORTATION FUNDING, INCLUDING TEXAS CLEAR LANES AND CONGESTION RELIEF UPDATE

TEXAS TRANSPORTATION FUNDING, INCLUDING TEXAS CLEAR LANES AND CONGESTION RELIEF UPDATE TEXAS TRANSPORTATION FUNDING, INCLUDING TEXAS CLEAR LANES AND CONGESTION RELIEF UPDATE Presentation for Texas Transportation Commission March 28, 2018 Purposes of the Workshop The Texas Transportation

More information

Columbia River Crossing Project Vancouver, Washington Engineering (Rating Assigned November 2012)

Columbia River Crossing Project Vancouver, Washington Engineering (Rating Assigned November 2012) Columbia River Crossing Project Vancouver, Washington Engineering (Rating Assigned November 2012) Summary Description Proposed Project: Light Rail Transit 2.9 Miles, 5 Stations Total Capital Cost ($YOE):

More information

May 31, 2016 Financial Report

May 31, 2016 Financial Report 2016 May 31, 2016 Financial Report Capital Metropolitan Transportation Authority 7/13/2016 Table of Contents SUMMARY REPORTS Budgetary Performance - Revenue 2 - Sales Tax Revenue 6 - Operating Expenses

More information

$1,516 $925 $19 $2,460 $422 $1,270 $261 $413 $94 = $715 = $274 = $62 = $13 = $555 = $19 = $148 & HWY

$1,516 $925 $19 $2,460 $422 $1,270 $261 $413 $94 = $715 = $274 = $62 = $13 = $555 = $19 = $148 & HWY OVERVIEW Missouri Transportation Funding Overview Missouri s transportation revenue totaled almost $2.5 billion in fiscal year 2017. As shown below, nearly two-thirds of the revenue came from state user

More information

Transportation Funding

Transportation Funding Transportation Funding TABLE OF CONTENTS Introduction... 3 Background... 3 Current Transportation Funding... 4 Funding Sources... 4 Expenditures... 5 Case Studies... 6 Washington, D.C... 6 Chicago... 8

More information

FY2017 Budget Work Session

FY2017 Budget Work Session Finance & Administration Committee Information Item IV-B January 14, 2016 FY2017 Budget Work Session Washington Metropolitan Area Transit Authority Board Action/Information Summary Action Information MEAD

More information

8. FINANCIAL ANALYSIS

8. FINANCIAL ANALYSIS 8. FINANCIAL ANALYSIS This chapter presents the financial analysis conducted for the Locally Preferred Alternative (LPA) selected by the Metropolitan Transit Authority of Harris County (METRO) for the.

More information

BAKERY vs PUBLIC GOOD

BAKERY vs PUBLIC GOOD BAKERY vs PUBLIC GOOD Clear provider/customer Competition Individual choice Flexibility, bankruptcy -- writedown of assets Technology & innovation Unclear, lumpy customer Public monopoly Complex political

More information

Transportation Primer

Transportation Primer Transportation Primer Joint Appropriations Committee on Transportation February 11, 2015 Amna Cameron Fiscal Research Division Agenda Background Transportation Revenues Items for Consideration Transportation

More information

Transportation and Partnerships

Transportation and Partnerships Transportation and Partnerships American Association of Port Authorities National Association of Regional Councils San Diego 2008 Fred Abousleman Executive Director, Agenda Premise Future Trends Timeline

More information