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Texas has a long legacy of good roads

Texas has a long legacy of good roads Symbol of our economic prosperity , attracting jobs and people to the State Our roads are used by you to get to work, home, school or recreation. Transportation in Texas is stretched to the limit , and the news gets worse

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Texas has a long legacy of good roads

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  1. Texas has a long legacy of good roads • Symbol of our economic prosperity, attracting jobs and people to the State • Our roads are used by you to get towork, home, school or recreation

  2. Transportation in Texas is stretched to the limit, and the news gets worse • Don’t let those orange barrels fool you • In 2015, we will be out of money for new roads

  3. At stake is the lifestylewe want to enjoy in Texas

  4. At stake is the economic health of Texas NewLower Shipping Jobs business costs

  5. What’s the problem? Congestionin Texas each year 472million extra hours of travel time $10.1 billion in delay and wasted fuel costs $2.1 billion in truck freight moving costs

  6. Dallas-Fort Worth Traffic delays cost every commuter $1,000 each year That’s 45 hours per commuter

  7. What’s the problem? Safety and maintenance More than Nearly Well-maintained roads= 3,000 80,000 safer roads serious crash injuries crash deaths in 2011

  8. How did we get in this hole? It’s all about supplyand demand 238% 172% 125% 19% population vehicles highway use highway space

  9. How did we get in this hole? Since 1993, the cost of everyday goods has about doubled So has the cost of building roads

  10. How did we get in this hole? Financingfor our roads is stuck back in the last century • $3.70 • $1.11 • Gallon of Gas • $0.38 • Gas Tax Portion 1993 2013

  11. Borrowing is maxed out $17 billion in debt from bond financing to build highways

  12. ConstructionCosts What does this mean? Everythingcosts more these days Buying Power • In the future we’ll have • less and less funding • as we move to fuel efficient cars

  13. What does this mean to me? The average Texan pays: • $22/month • in gas taxes and auto fees • $97/month • cable TV • $51/month • cell phone

  14. So now what? Get the biggest bang for the buck • Improve • safety • Supportbiking, walking and mass transit options • Tacklemost congested roadways

  15. So now what? Use our existing roads smarter • Move crashes and stalls out of the way • Timetraffic signals so more see green • Encouragecarpooling • Changerush hour nightmares through flex-time, telecommuting, etc.

  16. But all transportation improvements cost money You can help choose the best method

  17. Here’s how the investment pays off

  18. Is “doing nothing” really an option?

  19. If you want a change Be better informed | Be more involved | Voice your concerns

  20. Return on Investment Taxes/FeesUse & Maintenance CostsTotal Costs 1) $232 + $6095 = $6327 2) $634 + $3652 = $4286 Increasing our taxes/fees by $402 lowers our vehicle use and maintenance costs by $2443 and our overall transportation costs by $2041

  21. Major Unfunded Priority Projects • $ 1.1B I-20/I-820/US-287 Interchange • $260M I-30/SH-360 Interchange • $ 82M add one lane on SH-360, I-30 to I-20 • $625M SH-360, Sublet to US-287 ($300M now) • $553M I-35W, US81/287 cut off N to SH-114 • $400M DFW Connector Configuration 3 • $800M I-35W 3A Phase 2 – 121 Interchange • $300M NTE Segment 2E (121 to 161) • $418M NTE Segment 4 (I-820 - NE mall to Randol Mill) $4.538B

  22. Loss of Purchasing Power • The gas tax rate has been $0.384 / gallon since 1993 • The average annual change in the CPI over the last 21 years has been 2.5238% • The 2014 gasoline tax rate would be $0.666 with 2.5% annual indexing since 1991/93

  23. Cost to Drive 12,000 miles gasolineyeargas tax $ 729.28 1991 $210.93 $ 684.24 1993 $232.73 $1511.71 2013 $187.32 1993: gasoline = $1.25/gal tax = $0.384 [30.7%] 2013: gasoline = $3.25/gal tax = $0.384 [11.8%]

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