03 Funding Boom or Bust

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Transportation Funding in 2003: Boom or Bust? Steve Heminger Executive Director: 

Transportation Funding in 2003: Boom or Bust? Steve Heminger Executive Director

TEA 3: 

TEA 3

1¢ Gas Tax Equals:: 

1¢ Gas Tax Equals: $1.7 billion per year - U.S. $160 million per year - California $30 million per year - Bay Area

State Budget Crisis: 

State Budget Crisis

$3 Toll: 

$3 Toll

Bay Area Toll Authority Regional Measure 1 Projects: 

Bay Area Toll Authority Regional Measure 1 Projects

San Mateo - Hayward Bridge widening successfully completed ahead of schedule: 

San Mateo - Hayward Bridge widening successfully completed ahead of schedule New trestle opened to westbound traffic two months early (October 2002) Additional eastbound lane on existing trestle completed ahead of schedule (January 2003)

Carquinez Bridge – major new suspension bridge is scheduled to open October 2003: 

Carquinez Bridge – major new suspension bridge is scheduled to open October 2003 Towers completed May 2002 Cable spinning completed October 2002 Deck placement scheduled to begin in February 2003 New span forecasted to open as scheduled in October 2003

New Benicia-Martinez Bridge Project: 

New Benicia-Martinez Bridge Project

Benicia-Martinez New Span Main Span Pier Locations: 

Benicia-Martinez New Span Main Span Pier Locations

Caltrans’ Seismic Retrofit Program for BATA bridges: 

Caltrans’ Seismic Retrofit Program for BATA bridges Notes: 1. LIFELINE Structures are bridges located along transportation corridors determined to be significant to the emergency relief effort and economic revitalization of the region following a major earthquake. These designated structures are built so they may be reopened to traffic relatively quickly.

Increase in Daily Trips at Bay Area Bridges : 

Increase in Daily Trips at Bay Area Bridges Hayward-San Mateo Dumbarton Bridges 1998 177,000 2025 262,000 +85,000 +48% Carquinez Bridge 1998 109,900 2025 158,400 +48,500 +44% Benicia Bridge 1998 92,000 2025 152,000 +60,000 +65% Bay Bridge/ BART 1998 540,000 2025 769,000 +319,000 +71% Richmond/San Rafael Bridge 1998 48,000 2025 86,000 +38,000 +79% Daily Trip Average Growth Rate All Bridges 65% All Regional 30% Trips Daily Average Trips Growth Rate

Analysis of Seven Bay Area Toll Bridges: 

Analysis of Seven Bay Area Toll Bridges Toll Paying Vehicle Counts and Revenues

Proposed Principles for $3 Toll: 

Proposed Principles for $3 Toll New regional transit services Nexus between tollpayers and bridge corridor improvements 50/50 split overall between operating subsidies and capital financing Performance measures utilized to evaluate projects

Illustrative Projects: 

Illustrative Projects BART Transbay Tube Seismic Retrofit Dumbarton Rail Caltrain Baby Bullet Express Bus Plan New Ferry Services BART capacity enhancements Capitol Corridor rail improvements New Transbay Terminal Improved feeder systems and connectivity and night owl bus services

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