Transcript Transportation Legislation Overview

Transportation
Legislation Overview
Presented By:
Dwight L. Farmer, P.E.
Executive Director/Secretary
Hampton Roads Metropolitan Planning Organization
Major Issue
Transferring money
out of
highway construction
and into
highway maintenance
since 2002
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Deficit Impact
District
FY08
FY09
FY10
FY11
FY12
FY13
FY14
Bristol
($19.5)
($28.8)
($28.8)
($32.1)
($34.9)
($37.4)
($42.6)
Culpeper
(16.6)
(24.6)
(24.5)
(27.3)
(29.8)
(31.9)
(36.3)
Fredericksburg
(18.1)
(27.0)
(27.0)
(30.1)
(32.8)
(35.2)
(40.2)
Hampton Roads
(53.8)
(80.3)
(80.0)
(89.5)
(97.6)
(104.6)
(119.4)
Lynchburg
(19.3)
(28.6)
(28.5)
(31.8)
(34.7)
(37.2)
(42.4)
NoVA
(49.6)
(74.1)
(73.9)
(82.6)
(90.0)
(96.5)
(110.1)
Richmond
(37.9)
(56.5)
(56.3)
(62.9)
(68.6)
(73.5)
(83.9)
Salem
(25.5)
(38.0)
(37.9)
(42.3)
(46.1)
(49.4)
(56.3)
Staunton
(20.3)
(30.1)
(30.0)
(33.6)
(36.5)
(39.1)
(44.6)
($260.6)
(388.1)
(387.0)
(432.3)
(471.1)
(504.9)
($575.7)
TOTAL
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Future of Highway Maintenance
and Construction Funding
$2,500.0
$2,000.0
$1,500.0
$1,000.0
$500.0
$0.0
FY88
FY98
FY08
Maintenance
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FY11
FY14
FY17
Current Construction Plan
FY19
Current Status
• Virginia’s ability to match federal funds, which are essential for any
major project, is already in question.
• Recently, state transportation officials delayed or dropped nearly 200
new road projects statewide because of a $1.1 billion decline in state
revenue for the next six years, with no foreseeable way to close that
gap.
• Hampton Roads needs a minimum of $375 million in new funding a
year – in addition to tolls – to address its own critical regional needs.
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Past Legislative Proposals
• 2007 HB 3202 plan ruled unconstitutional
• Governor’s plan for taxes & fees was killed in the House
• Sell naming rights for highways
• Audit VA DOT
(it has been audited eight times in the last seven years by three organizations)
• Lease and toll new roads and toll existing interstates
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2008 Special Session
Legislative Proposals
• Senate Bill 6009 (Sen. Saslaw)
• Statewide Component:
• 6-cent-a-gallon increase in gas tax, phased in over six years
• Increase state sales tax by ¼ %
• Increase automobile titling tax by ½ %
• Hampton Roads Regional Component:
• Increase sales tax by one-percent
• Increase wholesale fuel tax by one-percent
• House Bill 6055 (Del. Hamilton)
• Hampton Roads Regional Component:
• $20 additional vehicle registration fee
• $20 additional vehicle inspection fee
• 2% vehicle rental tax
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Senate Bill 6009
Revenue Generation FY09-15
•
Statewide Component:
•
•
•
Hampton Roads Regional Component:
•
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$3.228 billion for statewide transportation, with a ½ % cut in the sales
tax on food
$583.3 million allocated to Hampton Roads regional transportation
$1.546 billion for Hampton Roads regional transportation
House Bill 6055
Revenue Generation FY09-15
•
Hampton Roads regional component:
•
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$54.6 million for Hampton Roads regional transportation
•
The 2013 expiration makes it difficult to issue bonds to finance major
projects.
•
Hampton Roads localities could also impose a 10-cent increase in the
commercial real estate tax, but it’s not clear how this would finance
regional projects.
•
A new source of revenue would be established by using up to $250 million
in general fund revenue from growth in state taxes attributed to economic
activity generated by the port starting in 2010.
•
Encourage Public/Private Partnerships by require the state to issue
requests for private proposals for all the major projects in Hampton Roads.
General Assembly 2008 Results
•
No new source of revenue to resolve transportation financial
problems were established - both SB 6009 and HB 6055 did not
pass.
•
There will be no increase in the state's 17.5-cent-a-gallon
gasoline tax, which — despite repeated efforts — has remained
unchanged since 1986.
•
There will be no regional tax or fee increases to improve the
overworked local transportation network.
•
There will be no big construction projects started from
Williamsburg to Virginia Beach.
•
The cost of projects will continue to rise significantly. Inflation
increases the price tag $1 million a day.
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