Future needs of the u s surface transportation system
Download
1 / 16

TIF1revised3-01-07 - PowerPoint PPT Presentation


  • 197 Views
  • Uploaded on

Future Needs of the U.S. Surface Transportation System American Association of State Highway And Transportation Officials Global Competitiveness, Not Revenue, Is the Real Challenge China - 53,000 mile National Expressway System by 2020 India - 10,000 mile system

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'TIF1revised3-01-07' - JasminFlorian


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Future needs of the u s surface transportation system l.jpg

Future Needs of the U.S. Surface Transportation System

American Association of State Highway

And Transportation Officials


Global competitiveness not revenue is the real challenge l.jpg
Global Competitiveness, Not Revenue, Is the Real Challenge

  • China - 53,000 mile National Expressway System by 2020

  • India - 10,000 mile system

  • Europe - Highways, bridges, tunnels, ports and rail lines.


Foreign demand contributes to u s construction costs which will increase by 70 percent 1993 2015 l.jpg
Foreign Demand Contributes to U.S. Construction Costs Which Will Increase by 70 percent, 1993-2015

  • Asphalt

  • Steel

  • Construction

    Machinery

  • Petroleum


Slide5 l.jpg
For Our Grandchildren’s Future:Keeping the U.S. Competitive in the Global Economy is the Real Challenge


The gathering crisis in highway funding l.jpg
The Gathering Crisis In Highway Funding

  • Shortfall in Highway Trust Fund could reduce federal aid

  • Skyrocketing construction costs erode purchasing power


The highway trust fund crisis l.jpg
The Highway Trust Fund Crisis

  • This report showed an $ 11 billion Federal-aid highway reduction in FY 2009

  • President’s FY 08 budget shows deficits in the Highway Account of $200 million and $5.7 billion in calendar years 2008 and 2009

  • This requires program reductions of:

    $800 million in FY 2009

    $18 billion in FY 2010


Sustaining safetea lu levels l.jpg
Sustaining SAFETEA-LU Levels

Sustain the federal program at the level authorized and guaranteed in SAFETEA-LU, e.g. $43 billion in FY2009.

To do this will require a 3 cent increase in federal fuel taxes or its equivalent.


Inflation erodes purchasing power l.jpg
Inflation Erodes Purchasing Power

The value of the 18.3 cent per gallon federal gas tax provided in 1998 will equal only

8.3 cents in 2015.


Restoring the federal program s purchasing power l.jpg
Restoring the Federal Program’s Purchasing Power

This will require the program to be increased from $43 billion to $73 billion. To do this will require a 7 cent increase in the federal fuel tax or its equivalent between 2010 and 2015, in addition to the 3 cent increase.


All levels of government must continue to fund their share l.jpg
All Levels of Government Must Continue to Fund Their Share

  • 2015 Highway Capital Investment

    $160 billion

  • 2015 Transit Capital Investment

    $40 billion


Good news we ve done it before we can do it again l.jpg
Good News:We’ve Done it Before, We Can Do It Again

$70.3 billion

$19.7 billion

Expenditures (In $Billions)

Highway Capital Expenditures Grew 280% in 24 years


The future of the interstate l.jpg
The Future of the Interstate

“If the Interstate System planned in the first half of the 20th century and built in the second half is considered Phase I, it’s time to modernize the system in place and build the additional capacity needed for the 21st century in Phase II.”

AASHTO Vice President Pete Rahn,

Director, Missouri DOT


A strategy for a 21 st century interstate system l.jpg
A Strategy for a 21st Century Interstate System

  • Preserve the current system

  • Enhance its performance

  • Expand capacity to meet future needs, and

  • Reduce growth in highway demand by expanding the capacity of transit and rail


Expand capacity to meet future need l.jpg
Expand Capacity to Meet Future Need

  • 10,000 miles of new routes on new corridors,

  • 20,000 miles of upgrades to National Highway System routes to Interstate standards, and

  • 20,000 new lane miles on existing Interstate routes

  • Exclusive truck lanes and value-priced lanes. Correcting bottlenecks, upgrade interchanges, and improve intermodal connections


Future aashto reports l.jpg
Future AASHTO Reports

  • AASHTO Policy Recommendations

  • The Freight Challenge

  • Revenue Options

  • A Conceptual Plan to Meet Needs

  • A Performance-based, Results-driven National Surface Transportation Program


ad