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TOLL: The Four Letter Word of Transportation Finance

TOLL: The Four Letter Word of Transportation Finance . Steve Heminger Executive Director Metropolitan Transportation Commission Transportation Research Board Executive Committee June 17, 2005. Gas Tax is a Goner. No federal rate increase since 1993

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TOLL: The Four Letter Word of Transportation Finance

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  1. TOLL:The Four Letter Word of Transportation Finance Steve Heminger Executive Director Metropolitan Transportation Commission Transportation Research Board Executive Committee June 17, 2005

  2. Gas Tax is a Goner • No federal rate increase since 1993 • Less than 1/2 of states have raised their state gas tax since 1993 • 6 states with tax hikes were due to automatic indexing

  3. Fuel Efficiency Stalls Out Source: U.S. Environmental Protection Agency, 2004

  4. Explosive Growth of SUVs Light Duty Vehicle Sales Trends by Vehicle Type Source: U.S. Environmental Protection Agency, 2004

  5. Far Higher Gasoline Prices Abroad Gasoline Prices for Selected Countries Source: International Energy Agency, 2005

  6. Retail Gasoline Prices Dwarf Tax Rate Source: Energy Information Administration, FHWA, 2005

  7. “Read my Lips: No New Taxes” — George H. W. Bush, 1988

  8. “Pay As You Go” System • Stopped paying—no political will for tax hikes • Stopping going —mounting traffic congestion and repair backlogs

  9. False Trail: The General Fund Annual U.S. Transportation Spending Source: The Brookings Institution, 2003

  10. Growing Reliance on Non-User Fees Source: Surface Transportation Policy Project, 2002

  11. Original Toll Concept — River Chains

  12. U.S. History of Toll Roads Continued next slide

  13. U.S. History of Toll Roads(cont’d) Continued next slide

  14. U.S. History of Toll Roads(cont’d)

  15. Electronic Toll Collection:The Great Enabler Toll collection lanes with electronic toll collection capability (est.) Source: FHWA

  16. Congestion Tolls Source: Institute of Transportation Studies, UCLA

  17. Weight-Distance Truck Tolls Source: Institute of Transportation Studies, UCLA

  18. Press Overreaction

  19. Legislative Resistance “Tolls are a polite form of highway robbery.” — Bill Lockyer,California Attorney General

  20. Free Lunch Mentality

  21. www.mtc.ca.gov

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