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Transportation Funding and Policy Overview

Transportation Funding and Policy Overview. Tracy Baynard and Christopher D. Lloyd Leadership Arlington 2011 February 7, 2011. Presentation Overview. How is Transportation Funded in Virginia Transportation Policy Decision Making Transportation and the 2011 Session

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Transportation Funding and Policy Overview

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  1. Transportation Funding and Policy Overview Tracy Baynard and Christopher D. LloydLeadership Arlington 2011February 7, 2011

  2. Presentation Overview • How is Transportation Funded in Virginia • Transportation Policy Decision Making • Transportation and the 2011 Session • Arlington and Transportation

  3. Transportation Basics • Roads are classified by type – Interstate, primary, secondary, or urban • Transit covers bus, light rail, and heavy rail activities • Virginia is divided into 9 “districts” through which money is allocated • There is no one person in charge – many stakeholders in funding and policy decision

  4. Transportation Funding – FY 2011 • State Motor Fuels Taxes (17.50 cents per gallon) • - HMOF 14.85 cents $726.8 million • -TTF 2.50 cents $114.5 million • - DMV 0.15 cents • Every 1 cent generates $48 million in revenue • Motor Vehicle Sales and Use Tax (3 percent) • - HMOF 2 percent $272.7 million • - TTF 1 percent $149.3 million • Every 1 percent generates $141 million in revenue

  5. Transportation Funding – FY 2011 • Motor Vehicle License Fee ($40.75) • - HMOF $26.00 $221.3 million • - TTF $ 3.00 $ 21.2 million • - DMV $ 4.00 • - State Dept. of Health/Police/ • Localities/Rescue Squad/ • General Fund $ 7.75 million • Every 1 dollar generates $8.4 million in revenue • State General Retail Sales and Use Tax (5 percent) • - TTF 0.5 percent $488.6 4 million

  6. Transportation Funding • Federal funding provides another $1 billion per year • Total VDOT/DRPT annual funding of nearly $4 billion • Maintenance is the first “claim” on transportation funding • Entering 2011, maintenance and operations were consuming nearly all available funding • HB 3202 (2007) authorized $3 billion of bonds for transportation – only $492 million issued to date • Regional transportation funding initiatives have failed (2002) or ruled unconstitutional (2008)

  7. Transportation Policy Decision Making • Interplay among federal, state, regional, and county governments • Federal government provides funding, sets design standards, and regulates environmental reviews for “federalized” projects • State government provides funding, lets construction contracts, inspects, and maintains • Regional governments assist with planning, funding for transit projects • Local governments provide construction, planning and maintenance services

  8. Transportation Policy Decision Making • In 1932, Virginia took control of county roads, but Arlington and Henrico opted out • Cities construct and maintain their own roads • Location and funding decisions driven by VDOT and Commonwealth Transportation Board • VDOT Central Office and northern Virginia office have significant role in administering maintenance and construction

  9. Transportation and the 2011 Session • VDOT audit uncovers $1.5 billion of money • Governor proposes accelerating HB 3202 bonds • Create Virginia Transportation Infrastructure Bank • Increased emphasis on public private partnerships • Shift money into actual construction • 900 “illustrative” project list developed by VDOT • House and Senate have endorsed similar, yet competing versions of Governor’s proposal

  10. Why Does This Matter to Arlington? • 95/395 HOT Lanes controversy has Richmond impact • VDOT approvals and funding important to Columbia Pike street car project • I-66 widening (both inside and outside Beltway) • Metro/WMATA funding and Virginia representation • Integration of transportation and land use planning

  11. Infrastructure & Economic Development | Federal Public Affairs | Strategic Communications & Grassroots Mobilization State & Local Government Affairs | Emerging European Markets Atlanta • Charlotte • Charlottesville • Chicago • Columbia • Norfolk • Raleigh Springfield • Tyson’s Corner • Washington, D.C. | Bucharest, Romania www.mcguirewoodsconsulting.com

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