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NVTA – Making a Difference. Transportation Funding 2006 Now or Never?. Committee For Dulles January 19, 2006 Robert O. Chase, President Northern Virginia Transportation Alliance. Virginia’s Transportation Funding Crisis. Since Last Transportation Tax Increase (1986) Demand Up; Supply Down.

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NVTA – Making a Difference


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    1. NVTA – Making a Difference Transportation Funding 2006 Now or Never? Committee For DullesJanuary 19, 2006 Robert O. Chase, President Northern Virginia Transportation Alliance

    2. Virginia’s Transportation Funding Crisis Since Last Transportation Tax Increase (1986) Demand Up; Supply Down

    3. Virginia’s Transportation Funding Crisis Third Largest Highway System Virginia has the nation’s third largest state-operated highway (58,000 miles) and bridge (12,000) network. • Miles • Interstate 5,356 • Primary 21,385 • Secondary 23,558 • Urban 7,762 • Total 58,061

    4. Virginia’s Transportation Funding Crisis 9th Lowest State Gas Tax • Virginia’s Gas Tax ranks 41st of 50 states • Last raised January 1, 1987 • 17.5-cent gas tax (1987 dollars) = 10-cents (2006 dollars) • Higher fuel efficiency means more miles per tank

    5. Virginia’s Transportation Funding Crisis Unfunded Capital/Construction Needs • Statewide: $40 to $100 billion • Northern Virginia: $8 to $15 billion

    6. Virginia’s Transportation Funding Crisis Highway Maintenance and Operations • Unfunded maintenance = $2 billion • Maintenance consumes 50% of transportation budget. • Only 25% of transportation funds go to construction.

    7. Virginia’s Transportation Funding Crisis State Construction Funds Required for Maintenance In Millions $1400 All available state revenues are transferred to the HMOF Remaining state funds insufficient to fully match federal funds $1200 First year federal funds are used for maintenance $1000 $800 $600 $400 $200 0 2010 2020 2025 2006 2015 HMOF Transfer (crossover) in excess of available state revenue HMOF Transfer (crossover) State funds available for construction

    8. Virginia’s Transportation Funding Crisis Federal Funding • Federal funds make up 60% of the construction budget. • More strings. More expensive. • US Chamber estimates Feds may not be able to fund 2009 commitments.

    9. Virginia’s Transportation Funding Crisis Virginia Department of Transportation Performance • 74% maintenance outsourced • 87% construction outsourced • 1100 fewer employees • Nearly 80% on time • Nearly 90% on budget

    10. Funding Solutions Funding Solutions • 2005 General Assembly Package • FY ’06 - FY ’08 Warner Budget Package • Governor Kaine’s Initiatives • House of Delegates • State Senate

    11. 1986 Package (Millions) Gas tax (2.5-cents per gallon) $125 General sales tax (.5%) $418 Motor vehicle sales tax (1%) $180 Driver’s license fee ($3.00) $6 Net new dollars per year $729 2005 Package (Millions) Federal/state transportation funds (one-time) $477.3 General Fund (GF) surplus (one-time) $240.0 GF insurance premiums (ongoing) $107.6 GF vehicle rental taxes (ongoing) $23.2 Total $848.1 Less one-time funds -$717.3 Net new dollars per year $130.8 1986 vs. 2005 Transportation Funding Comparison Funding Solutions

    12. Governor Warner’s $625 Million FY06-FY08 Biennium Budget Funding Solutions • $286 million to meet commitments of Virginia Transportation Act of 2000 • $229 million for debt service • $57 million for public transit capital fund • $339 million in one-time General Fund support • $142 million for state match for 154 Federal earmarks • Northern Virginia Projects include: • I-66/Gainesville Interchange ($8.4 m) • I-66 Westbound inside Beltway ($6.9 m) • I-95 Fourth Lane – Route 123 to FFX Pkwy ($3.2 m) • Route 50/Gilberts Corner “traffic calming” ($2 m) • Battlefield Parkway Extension ($400,000) • Alexandria Transit ($2.1m) • Arlington Transit ($1.76 m) • $143 million for other major mobility federal projects • Northern Virginia Projects include • I-66 WB Inside Beltway ($16 m) • Metro Rail Car Storage ($20 m) • Virginia Railway Express Rail Cars ($15 m) • $54 million integrated Port initiative

    13. Funding Solutions Governor Kaine’s Funding Plan – To Date • TTF Constitutional Amendment • Local Matching Partnership Fund • General Funds • Retain portion of insurance premium tax revenues • Surplus only; one time uses • Long-term transportation investment plan – Jan. 20th • -Bonds(?) – Abuser Fees(?) – Auto Registration(?) – Vehicle Sales(?)

    14. Funding Solutions Senate Initiatives – To Date • Trust Fund Constitutional Amendment • Higher truck fees • Insurance premium fund • Increase gas sales tax for public transit • 1/4 % regional sales tax for Metro • Divert more of sales tax to transportation • Virginia’s Transportation Future Fund (Potts) • Major funding proposal $1-$2 billion per year- Sales Tax(?) – Income Tax(?) – Sales Tax on Gas(?) -Auto Sales Tax(?) – Auto Registration Fee(?) – Tolls(?)

    15. Funding Solutions House of Delegates Initiatives – To Date • Trust Fund Constitutional Amendment • Abuser Fees • Higher Truck Fees • Insurance Premiums Funds • Divert more of sales tax to transportation • Rust Regional Package • No Higher Taxes • “More multi-faceted structural/organizational/allocation reforms, regional autonomy, PPTAs, accountability, citizen participation and better long-term planning.”

    16. Funding Solutions Estimated Annual Shortfall • $2 - $5 billion • Price of delay/negligence • Big shortfall requires big, new revenue stream(s)

    17. Statewide Funding Options

    18. #8 Regional Options Northern Virginia Hampton Roads

    19. Funding Solutions Doing Nothing/Further Delay Most Expensive Solution • Higher construction costs • Higher right of way costs • Jobs/businesses re-locate elsewhere • Airport access/economic potential curtailed • Our children/best and brightest re-locate elsewhere

    20. Funding Solutions Dulles Airport Success Story • DemandYearFlights Passengers • 1986 289,167 10.9 Million • 2005 469,000 22.9 Million • Capital Investment Response = $5.4 Billion • Terminal/concourse expansion • Taxiways • New runway • Parking garages • Cargo expansion • Automated train system • Etc.

    21. 2006 Is THE Year 2006 - Our Best and Last Shot • 2007- Election Year • 2008 - Unlikely • 2009 - Election Year • 2010 - May not matter. Backlog even greater. Best solutions lost. “We must do something significant, and we must do it this year.” Governor Tim Kaine George Mason High School January 3, 2006

    22. 2006 Is THE Year Progress Just Doesn’t “Happen” • It’s our future • It’s our economic prosperity • It’s our community • It’s up to us

    23. 2006 Is THE Year Be part of the solution - www.nvta.org

    24. 2006 Is THE Year Serious Problems Demand Serious Solutions This Year