s.h. 121 – dallas, texas case study presentation national summit on future transportation funding...
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S.H. 121 – Dallas, TexasS.H. 121 – Dallas, TexasCase Study PresentationCase Study Presentation
National Summit on Future Transportation National Summit on Future Transportation Funding and Finance StrategiesFunding and Finance Strategies
April 11, 2007April 11, 2007
Michael Morris, P.E.Director of Transportation
North Central Texas Council of GovernmentsTransportation Department
www.nctcog.org/trans/mtp/2030
Maintenance and Operationof Existing Facilities
Improve Efficiency of Existing Facilities
Trans. System ManagementIntelligent Trans. Systems
Remove Trips From SystemCarpool/Vanpool ProgramPedestrian/Bicycle Facilities
Induce Switch to TransitBus/Commuter Rail/Light Rail
Increase Auto OccupancyHOV System
Additional Single OccupantVehicle Capacity
Freeway/Tollway Regional Arterial
Management & Operations(ITS,TSM/TDM, Bike/Ped)
Rail and Bus
HOV/Managed
Freeway/Tollway and Arterial
2030 Plan
Fin
anc
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Air
Qu
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= PolicyDiscussion
Infrastructure Maintenance
Inte
rmo
dal
Pla
nn
ing
Eff
ort
s ●
Sys
tem
S
afet
y ●
Sys
tem
Sec
uri
ty ●
Alt
ern
ativ
e
Lan
d U
se a
nd
Gro
wth
Sce
nar
ios
Maintenance and Operationof Existing Facilities
Improve Efficiency of Existing Facilities
Trans. System ManagementIntelligent Trans. Systems
Remove Trips From SystemCarpool/Vanpool ProgramPedestrian/Bicycle Facilities
Induce Switch to TransitBus/Commuter Rail/Light Rail
Increase Auto OccupancyHOV System
Additional Single OccupantVehicle Capacity
Freeway/Tollway Regional Arterial
Management & Operations(ITS,TSM/TDM, Bike/Ped)
Rail and Bus
HOV/Managed
Freeway/Tollway and Arterial
2030 Plan
Fin
anc
ial/
Air
Qu
alit
y C
on
str
ain
t
+
+
+
+
= PolicyDiscussion
Infrastructure Maintenance
Inte
rmo
dal
Pla
nn
ing
Eff
ort
s ●
Sys
tem
S
afet
y ●
Sys
tem
Sec
uri
ty ●
Alt
ern
ativ
e
Lan
d U
se a
nd
Gro
wth
Sce
nar
ios
MOBILITY 2030MOBILITY 2030Prioritization of ImprovementsPrioritization of Improvements
MOBILITY 2030 DEVELOPMENTMOBILITY 2030 DEVELOPMENT
Congestion is bad and getting worse, and traditional
funds cannot keep up
The Dallas-Fort Worth Region has a need by 2030 for
$129.5 billion to eliminate the most severe congestion
and rebuild aging infrastructure
Construction costs have risen 10% per year recently
Texas HB 3588 and HB 2702 have provided new
development and financial tools
Regional Transit Initiative proposes 0.5% sales tax
increase
Partnerships are part of the key to solving the problem
MOBILITY 2030 HIGHLIGHTSMOBILITY 2030 HIGHLIGHTSFinancially-Constrained RecommendationsFinancially-Constrained Recommendations
Includes $9.6 billion of rail recommendations, including $3 billion of Regional Transit Initiative (RTI) rail lines
Includes $29.8 billion of roadway recommendations, including $16.8 billion of Innovative Funding Strategies
Includes additional unfunded roadway needs for illustrative purposes
Includes policy-level discussion of alternative future and demographic considerations
Includes Environmental Mitigation Strategies
Includes Safety and Security policies and programs
Includes incorporation of Trans-Texas Corridor (TTC-35) into recommendations
INTEGRATED COMPREHENSIVE APPROACH:INTEGRATED COMPREHENSIVE APPROACH: TOLL SYSTEM FOR NORTH TEXASTOLL SYSTEM FOR NORTH TEXAS
Mobility PlanToll Roads andManaged Lanes
Needed Short-Term Improvements
Preliminary Toll Feasibility
Preliminary Agency SelectionCDA Option
ConstructProject(s)
usingBonding Authority
NTTA Option
1. ConstructToll System
with TollLeveraging
2.
$0 Excess Revenue
IrregularMobility Dividends
Operations ofCorridor
Regional Needs
ManagedLane
Projects
TransTexas
Corridor
3. 4.
OtherProjects
Category 2 TxDOT
Funds
Excess Revenue Fund
Priority 3
Prio
rity 2
Priority 1
Source: North Central Texas Council of Governments
Benefit/Cost Ratio of Plan: 1.51
Mobility 2025, Amended April 2005 Year 2025 from Mobility 2030 Plan
Innovative Funding Strategies:• HOV/ Managed Lanes
• NTTA Toll Roads
• Comprehensive Development Agreements
• Public-Private Partnerships
• RegionalTransit Initiative
• Trans-Texas Corridor
• Regional Outer Loop
Annual Cost of Congestion = $6.6 billion Annual Cost of Congestion = $6.1 billion
IDENTIFIED FUNDING NEEDSIDENTIFIED FUNDING NEEDSDALLAS-FORT WORTH REGIONDALLAS-FORT WORTH REGION
(Updated based on Mobility 2030 Funding Levels)(Updated based on Mobility 2030 Funding Levels)Metropolitan Transportation System
ComponentsFunded Needs(Billions/2006 $)
Unfunded Needs (Billions/2006 $)
Operation & Maintenance $18.7
Congestion Mitigation Strategies $2.1
Bicycle & Pedestrian Facilities and Transportation Enhancements
$1.1
Rail and Bus Transit System $11.01
HOV and Managed Facilities $3.3
Freeway and Toll Road System $26.4 $12.72
Regional Arterial and Local Thoroughfare System
$5.7 $6.0
Additional Cost to Purchase Right-of-Way $1.1
Rehabilitation Costs $ 2.6 $32.1Goods Movement/Rail Freight Costs (Trans Tx Corridor)
$6.7
TOTAL $70.9 (55 %) $58.6 (45 %)
$129.5 Billion1 $3.4 billion obtained through Regional Transit Initiative 2 Includes Freeway-to-Freeway Interchanges
Revised: February 28, 2007
S.H. 121 CDAS.H. 121 CDACollin & Denton CountiesCollin & Denton Counties
Upfront Concession Fee $2.10
Excess Revenue Over Time (Net Present Value) 0.70
Construction of S.H. 121 0.56
Operations, Preventive Maintenance, and Capacity Enhancement Costs (Net Present Value) 1.70
Revenue Sharing (Banded Amounts)* ---
Total (Net Present Value) $5.06+
Note: Figures are approximate and are subject to CDA contract execution and financial closing.
* Significant funding may be available if future toll road volumes are higher than anticipated.
Funding in $ Billions
IMPLICATIONS FOR THE PLANNING IMPLICATIONS FOR THE PLANNING PROCESSPROCESS
Importance of Financial Constraint
Importance of Needs Based Plan
MPO – Metropolitan Programming Organization
Increased Decentralization – Impact on State and National
Transportation System
Project Programming without Federal Requirements
IMPLICATIONS FOR PUBLIC POLICYIMPLICATIONS FOR PUBLIC POLICY
Tollroad Impact on Suburbanization – Leveling
Role of Peak Period Pricing on Mobility Goals
Role of Dynamic Pricing with Guarantees on Reliability of
Service
Equity of Costs – Value of Time, Regressiveness, or
“Opportunity Costs”
Equity of Benefits
- “Near Neighbor, Near Time Frame”
- Toll Users
IMPLICATIONS FOR INSTITUTIONAL IMPLICATIONS FOR INSTITUTIONAL ARRANGEMENTSARRANGEMENTS
Maturity of State DOT – MPO Relationship
Greater Role of Private Sector
Greater MPO Role in Policy Setting – Business Terms
Impact on Planning Funds, Research, and Federal Process
Impact on U.S. DOT
Partnerships are Key to Success
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