ARC Board Working Session May 21, 2015 Understanding the Transportation Funding Act (HB 170)
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Transcript of ARC Board Working Session May 21, 2015 Understanding the Transportation Funding Act (HB 170)
ARC Board Working SessionMay 21, 2015
Understanding the Transportation Funding
Act (HB 170)
What the Transportation Funding Act Achieves…
• Diversifies state transportation funding streams
• Doubling of state transportation funding
• Provision for county-level “transportation districts”
State Transportation Funding Sources
Excise Tax26 cents/gallon gasoline29 cents/gallon diesel
$5 per nightHotel / MotelRoom Nightly Fee
Alternative Vehicle Annual Fee
$300 commercial$200 non-commercial
Heavy Vehicle Annual Impact Fee
$50 - 15,500 to 26,000 lbs.$100 - Greater than 26,001 lbs.
$1.9 Billion Generated in 2017
Revenues $1,667,000,000 $225,000,000
Excise Tax Hotel/Motel Nightly Fee Heavy Vehicle FeeAlt Veh Annual Fee
Significant Amount of Funding Generated in ARC 10 County Region
(examples)
43% of Excise Tax
59% of Hotel / Motel
Room Nightly Fee
LMIG will Increase as State Funding Grows
Facts on Special Transportation Districts
• 159 special districts created
• 1% maximum rate (fractional rates allowed)
• 5 year maximum period of time
• At least 30 percent of the estimated revenue allocated to projects in the state-wide strategic transportation plan
Potential Funds Generated for Special Transportation Districts in 10 County
Region
Thought Exercise… Potential Options for Cross Regional Cooperation?
Clifton Corridor (Fulton-DeKalb)
• Transit expansion betweenLindbergh and Avondale Station
• Total Cost: $1.2 billion
• Funds Generated in Counties:
I-285 Transit (DeKalb-Fulton-Cobb)
• Transit expansion betweenDoraville and Cumberland
• Total Cost: $1.5 billion
• Funds Generated in Counties:
SR 85 Corridor (Fayette-Clayton)
• Corridor improvements between SR 92 and I-75
• Total Cost: $70 million
• Funds Generated in Counties:
SR 140 Corridor (Cherokee-Fulton)
• Corridor improvements between Roswell and Canton
• Total Cost: $275 million
• Funds Generated in Counties:
SR 6 Corridor (Cobb-Douglas-Fulton)
• Corridor improvements betweenCobb and Airport
• Total Cost: $260 million
• Funds Generated in Counties:
SR 120 Corridor (Gwinnett-Fulton)
• Corridor improvements betweenJohns Creek and Duluth
• Total Cost: $120 million
• Funds Generated in Counties:
Example Projects Cherokee Clayton Cobb DeKalb Douglas Fayette Fulton Gwinnett
Clifton Corridor $900,000,000 $300,000,000
I-285 Transit $400,000,000 $700,000,000 $400,000,000
SR 85 Corridor $60,000,000 $10,000,000
SR 140 Corridor $190,000,000 $85,000,000
SR 6 Corridor $100,000,000 $100,000,000 $60,000,000
SR 120 Corridor $85,000,000 $35,000,000
Total Example Project Costs $190,000,000 $60,000,000 $500,000,000 $1,600,000,000 $100,000,000 $10,000,000 $930,000,000 $35,000,000
Total Funding Generated $156,000,000 $225,000,000 $655,000,000 $529,000,000 $113,000,000 $100,000,000 $1,204,000,000 $690,000,000
Summary of Example Costs by Jurisdiction
Questions?
• What are your thoughts on potential strategies that could succeed as a special transportation district project?
• What questions need to be answered to determine if a special transportation district is appropriate for your community?