Transcript Slide 1

Statewide Transportation
Funding At Risk
Your Name or Agency
Date
RTPA
RCTF
March 2010 Transportation Tax Swap
Revenues in Jeopardy
• Proposition 26 has potentially severe negative implications for
existing transportation funding in California and the Swap
complicated Proposition 22 implementation.
• Prop. 22 restricts the State from using gasoline excise taxes
(Highway User Tax Account or HUTA) for general fund relief and
bond debt service, part of the March 2010 Transportation Tax Swap.
• Prop. 26 invalidates the 17.3-cent replacement excise tax enacted
when the State eliminated the sales tax on gasoline (Prop. 42) under
the Transportation Tax Swap.
• Unless the Legislature and Governor take immediate and
comprehensive action, $2.5-$3.5 billion in annual transportation
funding and 45,000-63,000 jobs will be lost.
• The 2010 California Statewide Local Streets and Roads Needs
Assessment Update demonstrates that not only must the State act
to save the existing bare bones transportation funding streams,
there is a significant unfunded backlog on the local street and road
system.
2010 California Statewide Local Streets
and Roads Needs Assessment Update
• What is the condition of California’s system of local
streets and roads?
• What will it cost to bring them up to a Best Management
Practices (BMP) condition, which is most cost effective to
maintain?
• What will it cost to maintain them in the BMP condition?
• Considering existing revenues, is there a funding
shortfall? If so, what is it?
• What are the potential solutions policy makers can
consider?
• What are the impacts to the local transportation network
of different funding scenarios?
Local Streets & Roads are Huge
Part of State Network
Other (2%)
Federal (8%)
State highways
(9%)
82% of California’s
pavements are
owned by cities
and counties!
Cities (43%)
Counties (38%)
It’s Not Just Pavements …
• Sidewalks
• ADA ramps
• Curb & gutter
• Storm drains
• Lighting
Data Collection
• 474 responses
• Covers 97% miles!
• 56 no responses
– 50 have popn < 50,000
– 47 have < 100 miles
Data rec'd
(2008 But Not
2010)
6%
No data
3%
No
responses
191
344 responses
(64%)
Data rec'd (2010)
91%
Pavement Condition Index
100
Good - Excellent
70
At Risk
50
Poor
25
Failed
0
Statewide Average PCI = 66
Why is 66 Critical?
$2- 4/sy
$15-40/sy
$40-70/sy
$60- 100/sy
66
Condition of City of (BLANK)
Local Roads
• City of ______ has an average PCI of
_____.
• This is up/down from _____ in 2008.
• Other City specific details on condition of
your local system.
Pavement Revenues*
Revenues
($M)
% of
total
2008/09
2009/10
Future
Federal**
$ 167
$ 390
$ 68
6%
State
$ 1,032
$ 819
$ 698
61%
Local
$ 458
$ 453
$ 674
33%
Total
$ 1,658
$ 1,663
$ 1,140
100%
* Based on 300 responses
** ARRA accounted for $343 million ($50 m in 2008/09, $293 m in 2009/10)
Critical Revenues
• Gas Tax (Highway Users Tax Account or
HUTA): Cities and Counties will receive
approximately $1.629 billion FY 2010-11.
– $1 billion in “old” HUTA
– $629 million in “new” HUTA (Prop 42
replacement revenues under the
Transportation Tax Swap)
– City of _____ receives _____ of this amount.
$63.6B
PCI
66
54
$39B
2010
2020
Backlog ($ billion)
What Happens If We Don’t Get
More Funding?
Existing Funding ($1.42B/year)
$90
100
90
66
64
63
62
$50
$60
$50
$40
60
$39
$42
$51
59
58
$53
$55
57
$58
$61
55
$64
54
70
60
50
$45
40
30
20
$30
10
Year
2020
2019
2018
2017
2016
2015
2014
2013
0
2012
$20
PCI
$70
80
2011
Backlog ($ billion)
$80
Funding Shortfall
Component
Pavements
Essential Components
2011-2020 ($ billions)
Needs
Funding Shortfall
$ 70.5
$ 14.2
$ 56.3
$ 29.1
$ 6.8
$ 22.3
Bridges
Totals
$ 3.3
$ 102.9
2008 Results
$ 99.7
$3
$ 0.3
$ 24
$ 78.9
$ 28.3
$ 71.4
53 cents/gallon!
Funding Shortfall for
City of BLANK
• City of _____ has a funding shortfall of
_____.
• City of _____ has a backlog of _____.
• This is up/down by ______ since 2008.
• Other city specific details on the financial
needs of the system.
Summary
– Data received represents 97% of local system
– PCI = 66 is an “at risk” category & drops to 54 by
2020 with existing funding
– The funding shortfall considering all existing revenues
is $78.9 billion over the next 10 years
– Need to more than double existing funding to
maintain transportation assets
– The Legislature & Governor must take immediate and
comprehensive action to save billions in
transportation funding
Questions?