Transcript 2013 RPO Presentation (TDOT)

Tennessee Department of
Transportation
Commissioner John Schroer
OTHER:
2%
FEDERAL:
53%
STATE:
45%
Outlays
Receipts
Excludes General Fund liquidity transfers of $8,017 billion September 2008; $7 billion in August 2009; $19.5 billion;
$2.5 billion in 2012 (from LUST); $6.2 billion in FY 2013; and $12.6 billion in FY 2014.
Highway and Transit
Funding Scenarios
Cliff Scenario
2015 Highway Account
Receipts and Outlays
$60
Outlays in Billions
Dollars in Billions
$50
$40
$30
$20
$10
$0
2010
2015
2023
$45
$40
$35
$30
$25
$20
$15
$10
$5
$0
2015
2014
2013
2011
2010
2009
Receipts Available for Outlays to cover prior
Highway Outlays*
years
25
SOURCE: World Economic Forum Global Competitiveness Report 2012-2013
United States
Mckinsey & Company
0
Wyoming
Delaware
Alaska
North Dakota
Washington
Montana
Utah
South Dakota
Pennsylvania
New Hampshire
Wisconsin
Nebraska
West Virginia
New Jersey
Kansas
Maine
Iowa
Oregon
Minnesota
Vermont
Louisiana
Massachusetts
Missouri
Colorado
Idaho
California
Indiana
New York
Texas
Virginia
Arkansas
Hawaii
Florida
Rhode Island
Connecticut
Oklahoma
Kentucky
New Mexico
Illinois
Mississippi
North Carolina
Nevada
Maryland
Ohio
Michigan
Alabama
Arizona
Georgia
South Carolina
Tennessee
MEAN
Dollars
1,600
1,400
1,200
1,000
Mean
800
600
Tennessee
400
200
0.0
New York
Wyoming
California
Connecticut
Hawaii
Michigan
North Carolina
Illinois
Indiana
Washington
Maine
Florida
Utah
West Virginia
Nevada
Rhode Island
Wisconsin
Pennsylvania
Oregon
Georgia
Minnesota
Ohio
Kentucky
Montana
Nebraska
Vermont
Idaho
Kansas
South Dakota
Maryland
Massachusetts
Delaware
North Dakota
Colorado
Iowa
Arkansas
Tennessee
Alabama
Louisiana
Texas
Virginia
New Hampshire
Arizona
New Mexico
Mississippi
Missouri
Oklahoma
South Carolina
New Jersey
Alaska
MEAN
Cents Per Gallon
60.0
50.0
40.0
Mean
30.0
Tennessee
20.0
10.0
Source – FHWA
How much does the average citizen of
Tennessean pay annually in taxes?
A. $300
B. $600
C. $900
D. $1600
Tennessee Department of
Transportation
Commissioner John Schroer