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TOLL: The Four Letter Word of Transportation Finance . Steve Heminger Executive Director Metropolitan Transportation Commission Transportation Research Board Executive Committee June 17, 2005. Gas Tax is a Goner. No federal rate increase since 1993
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TOLL:The Four Letter Word of Transportation Finance Steve Heminger Executive Director Metropolitan Transportation Commission Transportation Research Board Executive Committee June 17, 2005
Gas Tax is a Goner • No federal rate increase since 1993 • Less than 1/2 of states have raised their state gas tax since 1993 • 6 states with tax hikes were due to automatic indexing
Fuel Efficiency Stalls Out Source: U.S. Environmental Protection Agency, 2004
Explosive Growth of SUVs Light Duty Vehicle Sales Trends by Vehicle Type Source: U.S. Environmental Protection Agency, 2004
Far Higher Gasoline Prices Abroad Gasoline Prices for Selected Countries Source: International Energy Agency, 2005
Retail Gasoline Prices Dwarf Tax Rate Source: Energy Information Administration, FHWA, 2005
“Read my Lips: No New Taxes” — George H. W. Bush, 1988
“Pay As You Go” System • Stopped paying—no political will for tax hikes • Stopping going —mounting traffic congestion and repair backlogs
False Trail: The General Fund Annual U.S. Transportation Spending Source: The Brookings Institution, 2003
Growing Reliance on Non-User Fees Source: Surface Transportation Policy Project, 2002
U.S. History of Toll Roads Continued next slide
U.S. History of Toll Roads(cont’d) Continued next slide
Electronic Toll Collection:The Great Enabler Toll collection lanes with electronic toll collection capability (est.) Source: FHWA
Congestion Tolls Source: Institute of Transportation Studies, UCLA
Weight-Distance Truck Tolls Source: Institute of Transportation Studies, UCLA
Legislative Resistance “Tolls are a polite form of highway robbery.” — Bill Lockyer,California Attorney General