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Positioning Minnesota for future growth and challenges, this initiative aims to improve transportation systems for economic competitiveness and quality of life, considering population growth and demanding needs of various generations.
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Achieving the Vision Charlie Zelle, Commissioner Minnesota Department of Transportation
Positioning Minnesota for the Future • Population expected to increase by nearly 1 million to over 6.1 million by 2030 • Metro Area expected to grow twice as much as rest of the state • Truck freight to increase by 30% • Baby boomers start turning 80 in 2025 (needing more transportation options) • Millennial are demanding more modal options
Minnesota – the 5thfastest growing economy in the nation Moving goods • Value of freight moved in MN -- 2007 $1 trillion • Rail carries 240 million tons of freight • MN handles 480,000 tons of air cargo annually Supports Jobs, gets us to work • Average Minnesotan drives 15,000 miles a year Connecting us to recreation • ~8 million people visit MN state parks annually • 40 million annual visitors to MOA
MN Challenge - aging infrastructure, harsh climate, heavy use • 50% state highway pavements over 50 years old • 35% of MnDOT bridges over 50 years old • 140,000 miles of roads • 20,000 bridges • MN 9th most extreme temperature variations in the nation • Overall, state highway pavements rank 38th in the nation
MnDOT’s projected resources are diminishing due to inflation • Purchasing power declined 30% since 1988 (despite ’08 gas tax increase) • Half the ‘08 gas tax increase was dedicated to debt service
Governor charged TFAC with identifying needs and solutions • Identified Minnesota’s 20–year transportation funding needs • To create economically competitive system, TFAC Identified $50B in investments (all modes) • For roads and bridges alone there is a $12B funding gap
Metro Area Multimodal Vision
What’s the benefit to Minnesota if we invest significantly more? • We asked a stakeholder group to measure the return on investment (ROI) • Included long-term, economy-wide benefits
Vehicle operating costs Safety benefits Travel time savings Lifecycle costs
Timely investing drives down cost Lifecycle costs
Transportation is a good investment. Return on investment averages 2.5 times that invested • Taking care of what we have: $5B invested over 20 years to maintain current performance delivers $10B - $23B in benefits (ROI 3.1) • To be economically competitive: additional $7B over 20 years gains $15B - $19B in benefits (ROI 2.1) Total Average Benefit = $31 billion Source: Smart Growth America
MnDOT is Focused on: • Enhancing, connecting communities • Supporting businesses, contributing to economic benefits of MN • Taking care of what we have • Careful management of limited state resources
Transportation for all Generations • We all have a stake in the future of Minnesota • Significant investments are needed to keep Minnesota economically competitive and maintain a high quality of life • Transportation is a good investment • Join us in telling this story! http://www.dot.state.mn.us/minnesotago