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Bay Area Transportation:. Achievements & Challenges. Contra Costa County Transportation Town Hall May 25,2006. Bay Bridge Update. $5.5 Billion project to replace East Span moving full speed ahead Solid Financing Plan approved by the legislature in 2005 preserves equitable state/local split
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Bay Area Transportation: Achievements & Challenges Contra Costa CountyTransportation Town Hall May 25,2006
Bay Bridge Update • $5.5 Billion project to replace East Span moving full speed ahead • Solid Financing Plan approved by the legislature in 2005 preserves equitable state/local split • Tolls rise to $4 in January 2007 • $1.4 billion SAS awarded April 2006 to Joint Venture American Bridge/Fluor Enterprises • Skyway portion now 88% complete • New bridge targeted to open for traffic in 2013
California has a Transportation Crisis • Imperiling our economy • Degrading our quality Of life • Threatening our Environment • Jeopardizing our future
The Crumbling of An Empire Once the envy of the world, California’s roads and highways are now the worst in the nation • Caltrans estimates the value of our state highway system at $300 billion • We must take immediate action to preserve this enormous asset
Declining Pavement Maintenance • Caltrans’ road maintenance division estimates a $587 million backlog in deferred maintenance on state highway system Source: Legislative Analyst Office, February 2004
Miles Traveled Source: Legislative Analyst Office, February 2004 Lane Miles Added, Source: Federal Highway Administration Growing Pressure on State Highways
Congestion Costs California Billions • Three of the 5 most congested U.S. urban areas — and 6 of the top 15 — are in California • Los Angeles • San Francisco/Oakland • San Diego • San JoseSacramentoBakersfield • Cost of congestion = extra fuel + wasted time + lost productivity • Total cost for California: $20.7 billion every year
State of the System: Top 10 Worst Highway Bottlenecks
State Gas Tax Hasn’t Kept Pace The state’s gas tax has lost one-third of its value since 1964, adjusted for inflation.
Feds to the Rescue? Not Likely • Purchasing power of federal gas tax has also eroded due to inflation
Growth Trends: 2000–2030 • California’s population to grow 41% • Bay Area’s population to grow 29%
How we will meet the Challenge Shortfall$18 billion • Transportation 2030 Plan based on 3 main themes: • Adequate Maintenance • System Efficiency • Strategic Expansion • Financially Constrained Element • Vision Element Projected Revenues$118 billion
Would $20 billion Infrastructure Bond Make a Difference? • Estimated $4/5 billion to Bay Area over next 10 years • Significant down payment, but no silver bullet • $1.3 billion for Bay Area Transit • $375 million for Local Streets and Roads • $225 million for State Transportation Improvement Program • Estimated $2 billion-plus for Corridor Mobility, Trade Corridors, Transit Security and State-local Partnership
Proposed I-bond: Contra Costa Close up Public Transportation Modernization & Improvement State Transportation Improvement Program
Proposed I-bond: Contra Costa Closeup (Continued) Local Streets And Roads Contra Costa County Total $52 million
Corridor Mobility Program Trade Corridors State-Local Partnership Transit Security Decisions to be made by CTC Eligible Projects could include: Caldecott Tunnel 4th bore e-BART Highway 4 widening Other I-Bond Funding Sources Could Boost Contra Costa Projects
More Work to Be Done • I-Bond an important step in the right direction • Respects local decision-making instead of specific earmarks • Leaves $12–15 billion hole that still must be filled
Other Potential Revenue Sources • Steep hill to climb • To make wise investment choices, MTC supports performance-based approach • MTC will need help from local partners, state legislators
For More Information or to Download this Presentation Go to: www.mtc.ca.gov