Nick Thompson Minnesota Department of Transportation June 2012 General Tolling primarily used to raise revenue for facility development and management.
Download ReportTranscript Nick Thompson Minnesota Department of Transportation June 2012 General Tolling primarily used to raise revenue for facility development and management.
Nick Thompson Minnesota Department of Transportation June 2012 General Tolling primarily used to raise revenue for facility development and management. Every vehicle pays. Cordon Tolling manages access to defined urban zone to reduce urban congestion; revenues are used to cover operational costs, excess revenues may be used to enhance transit service Express Lanes Congestion Pricing primarily used to manage demand and ensure facility performance; may or may not raise excess revenue. Users have choice not to pay. SR 91, California ◦ Privately financed facility built in the median of the existing SR 91 corridor ◦ Four lanes, 10 miles long ◦ Two access points ◦ All users pay, but there is a free alternative ◦ Prices vary by time of day, day of week, day of year ◦ Peak period rate is $8.95 ◦ Revenue $35.4 M / year GENERAL TOLLING SR 520, Seattle, Washington ◦ Tolls reinstated on existing floating bridge in December 2011. ◦ Change from all free to all drivers pay ◦ Revenue used to finance new $2 billion bridge replacement ◦ Revenue: $60 M /yr growing to $120M/yr EXPRESS TOLL I-95, Miami, Florida ◦ Converted to High Occupancy Toll Lane in 2009 to tolling. ◦ Time of day pricing ◦ Almost all drivers pay ◦ Revenue covers private contribution to construction and profit ◦ Peak rate $8 ◦ Revenue generated: $12 million/year A healthy, multimodal transportation system is a critical element to the region’s economic vitality and quality of life Key challenges Key strategies in state and regional long range (20 yr.) transportation plans ◦ ◦ ◦ ◦ Aging infrastructure Congestion/mobility Rising costs Tight fiscal constraints ◦ Low Cost/High Benefit solutions ◦ Multimodal investments ◦ MnPASS System ▸MnPASS – MN’s congestion pricing brand name ▸Operates during peak weekday AM & PM rush hours – free and open to all during non-peak ▸ Buses, carpools (2+) & motorcycles use for free – solo drivers can choose to use for a fee avg. $1.25-$1.50 Insert infographic here Steady annual growth since opening in 2005 Over 90% satisfaction rate among customers Transit users and operators strongly support system User demographics representative of corridor population 2011 Revenue/Expenditures ◦ currently 23,000 transponder holders ◦ reliability and choice valued most ◦ customers stay customers ◦ transit riders & carpoolers represent >80% of MnPASS users ◦ Transit/carpoolers do not pay to use the system ◦ Revenue: Tolls/Fees-$2.64M ◦ Operations & Maintenance Expenses: $2.5M ◦ Purpose is to maintain congestion free speeds (50-55mph) in MnPASS lanes, not to maximize revenue Faster, safer more reliable travel options Regional transit system improvement More efficient, cost-effective congestion management MnPASS is a market based approach that better aligns user cost and benefit Highway performance and people throughput maximization for future generations Reliability – Travel time reliability is critical to the region’s economy, transit system and quality of life Sustainability – MnPASS is the most efficient and cost-effective way to ensure such reliability and sustainability ◦ Peak period mobility investments are the highest cost infrastructure investments we make ◦ Last mobility investment chance for many corridors (including 35E) ◦ Investment benefits must be sustained for the long term (20-30 yrs.) ◦ Contains the pressure for future investments ◦ Traditional general purpose lane expansion cannot provide this level reliability and sustainability