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ALDOT HIGHWAY FUNDING UPDATE. Twenty-Fourth Annual Alabama Asphalt Pavement Conference MARCH 11, 2014. ALDOT’s Funding Plan . Historical Trends in Funding Critical Issues and Needs. Historical Federal Funding Levels. Historical Trends in Funding. - PowerPoint PPT Presentation
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Twenty-Fourth AnnualAlabama Asphalt Pavement
Conference
M A R C H 1 1 , 2 0 1 4
ALDOT HIGHWAY FUNDING UPDATE
ALDOT’s Funding Plan
Historical Trends in Funding
Critical Issues and Needs
Historical Federal Funding Levels
Program YearsAverage Funding($ Millions)
Range of Funding($ Millions)
ISTEA 92 - 97 $283 $240 - $368
TEA-21 98 - 03 $560 $463 - $618
SAFETEA-LU 05 - 09 $731 $697 - $788
MAP-21 13 - 14 $737 $733 - $741
Last state gas tax increase was 5¢ in 1992
Last federal gas tax increase was 5¢ in 1993 [however, not available until 1997]
Historical Trends in Funding
State Highway Revenue
1991
1994
1997
2000
2003
2006
2009
$-
$100,000,000
$200,000,000
$300,000,000
$400,000,000
$500,000,000
$600,000,000
RevenuePer Gal Tax
Total State and Federal Highway Revenue
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
$- $200,000,000 $400,000,000 $600,000,000 $800,000,000
$1,000,000,000 $1,200,000,000 $1,400,000,000 $1,600,000,000 $1,800,000,000 $2,000,000,000
FederalStateTotal
1991 to 2011
Total State and Federal Highway Revenue
1991
1994
1997
2000
2003
2006
2009
2012
$- $200,000,000 $400,000,000 $600,000,000 $800,000,000
$1,000,000,000 $1,200,000,000 $1,400,000,000 $1,600,000,000 $1,800,000,000 $2,000,000,000
FederalStateTotal
Projected thru 2014
Total State and Federal Highway Revenue
1991
1994
1997
2000
2003
2006
2009
2012
$- $200,000,000 $400,000,000 $600,000,000 $800,000,000
$1,000,000,000 $1,200,000,000 $1,400,000,000 $1,600,000,000 $1,800,000,000 $2,000,000,000
FederalStateTotal
Without Stimulus $$
Historical Trends in Funding
Construction costs are
2 to 2½ times more
than 20 years ago.
Construction Costs
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 20060
50
100
150
200
250FHWA Construction Index
Construction Costs
State of AlabamaTransportation Infrastructure Funding
1991 2012
State of AlabamaTransportation Infrastructure Funding
$514 mil-lion
1991 2012
State of AlabamaTransportation Infrastructure Funding
$514 mil-lion
$1,213million
1991 2012
State of AlabamaTransportation Infrastructure Funding
$514 million
$92.3 m
2012
$1123million
State of AlabamaTransportation Infrastructure Funding
$514 mil-lion
$92.3 m
$493million
2012Inflation
$630million
1991
New Diversion
Funding in 1991 Dollars[with Diversions and without Stimulus]
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
300000000
400000000
500000000
600000000
700000000
800000000
900000000
Adjusted Revenue$788m
Funding in 1991 Dollars[with Diversions and without Stimulus]
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
300000000
400000000
500000000
600000000
700000000
800000000
900000000
Adjusted Revenue
$493
$788m
Funding in 1991 Dollars[with Diversions and without Stimulus]
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
300000000
400000000
500000000
600000000
700000000
800000000
900000000
Adjusted Revenue
$493
$788m
35 % Drop
Historical Trends in Funding 1991 to 2010
140% more money today than 1991, but relatively no
change in total revenue since 2005.
Purchasing power about the same today as 1991 and
35% less than 10 years ago due to inflation.
What else can affect funding?
CRITICAL ISSUES AND NEEDS
FEDERAL FUNDING CONFUSION LEADS MOODY’S TO CUT HIGHWAY BONDS RATING
Future Fuel Economy Standards
Vehicle Miles of Travel
0
10000
20000
30000
40000
50000
60000
70000
Vehicle Miles
Mill
ion
Vehi
cle
Mile
s
I N T E RMS O F P URCHAS I NG P O W E R, W E ARE BACK TO
T HE 1991 L E VE L , JUS T P R I O R TO T HE L AS T S TAT E
AND F E DE RAL TAX I NCRE AS E .
L E V E L F UNDI NG S I NCE 2005 E X P E CT ED TO CO NT I NUE
T HRO UG H 2014 .
F UE L E CO NO MY W I L L F URT HE R DE VAS TAT E T HE
H I G HWAY PRO G RAM.
F E DE RAL H I G HWAY T RUS T F UND S O LV E NCY I S AN I S S UE
CRITICAL ISSUES AND NEEDS
For every billion dollars invested in transportation infrastructure, 30,000 jobs are created.
Source: U.S. Department of Commerce
THE STATE HIGHWAY SYSTEM 11,000 CENTERLINE MILES 4 , 200 NAT I O NAL H I G HWAY S Y S T E M 6 , 900 O T HE R S TAT E RO ADS 1000 MILES OF INTERSTATE 5,745 BRIDGES
HIGHWAY REVENUE
ESTIMATED STATE FUNDS 2013 $ 480,260,000
ESTIMATED FEDERAL FUNDS $ 733,095,000
TOTAL $1,213,355,000
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000
ALLOCATION OF STATE FUNDS TO OTHERS
ADMINISTRATIVE OFFICE OF COURTS $ 35,000,000PUBLIC SAFETY $ 28,500,000REVENUE DEPARTMENT $ 4,900,000STATE PERSONNEL $ 1,375,000STATE PARK MAINTENANCE $ 500,000INDUSTRIAL ACCESS APPROPRIATION $ 11,000,000COUNTY ENGINEER SALARY SUPPORT $ 6,100,000CAPTIVE COUNTY INSURANCE $ 125,000
Total $ 87,500,000
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000
ALLOCATION OF FEDERAL FUNDSTO CITIES AND COUNTIES
LARGE URBAN AREAS $ 35,705,000SMALL URBAN AREAS $ 13,312,000COUNTIES (Including Off-System Bridge) $ 35,711,000CMAQ – B’HAM AREA $ 10,919,000TRANSPORTATION ALTERNATIVES $ 16,780,000METROPOLITAN PLANNING $ 2,915,000GARVEE BOND PAYMENT $ 18,000,000
Total $ 130,427,000
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 60,420,000
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 60,420,000Interstate Maintenance $ 170,000,000
SYSTEM PRESERVATIONPavements - Interstate
1003 centerline miles Rehabilitate 84 miles/year
$1,900,000 per mile resurfacing cost x 84 miles/year
$159,600,000
Includes 98 miles of Corridor X that will soon be added to the interstate system as I-22. Interstate maintenance funding includes the addition/modification of interchanges, rest area rehabilitation and lighting projects.
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 60,420,000Interstate Maintenance $ 170,000,000Bridge Replacement $ 80,000,000
SYSTEM PRESERVATIONBridge Replacement
5,745 State System Bridges ÷ 50 Average Bridge Life, Yrs
115 Bridges Replaced per Yr
It takes $200 to $225 million/yr to replace 115 bridges/yr
Spending $80 m/yr replaces about 40 bridges/year
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 60,420,000Interstate Maintenance $ 170,000,000Bridge Replacement $ 80,000,000Resurfacing $ 260,000,000
SYSTEM PRESERVATIONPavement – Non Interstate
10,025 centerline miles Resurface 850 miles/year
$306,000 per mile resurfacing cost x 850 miles/year
$260,000,000
Current backlog of resurfacing deficit = 3,984 miles
2013 Resurfacing Program Federal Maintenance
Bid (Letting)
Overruns, Utilities,
Including E & I, Division & Indirect Cost No. of Projects Cost/Project Miles Cost/Mile Lane Miles Cost/Lane Mile
1 $33,359,786.95 14 $2,382,841.93 66.85 $499,024 226.25 $147,4472 $30,833,390.53 17 $1,813,728.85 71.69 $430,093 186.70 $165,1533 $19,157,221.41 8 $2,394,652.68 56.59 $338,527 136.28 $140,5734 $26,821,875.10 13 $2,063,221.16 77.43 $346,402 168.28 $159,3885 $22,602,903.46 8 $2,825,362.93 62.28 $362,924 146.65 $154,1256 $25,130,841.63 9 $2,792,315.74 62.45 $402,415 147.75 $170,0907 $34,235,509.59 17 $2,013,853.51 104.12 $328,808 262.85 $130,2458 $22,778,664.63 15 $1,518,577.64 86.26 $264,070 198.70 $114,6389 $19,387,896.78 11 $1,762,536.07 73.24 $264,717 181.87 $106,603
Total $234,308,090.08 112 $2,092,036.52 660.91 $354,523 1655.33 $141,547
MAINTENANCE RESURFACING PROGRAM
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 60,420,000Interstate Maintenance $ 170,000,000Bridge Replacement $ 80,000,000Resurfacing $ 260,000,000Capacity/System Enhancement/APD $ 150,000,000
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 60,420,000Interstate Maintenance $ 170,000,000Bridge Replacement $ 80,000,000Resurfacing $ 260,000,000Capacity/System Enhancement/APD $ 150,000,000Discretionary $ 10,000,000
ALLOCATION OF FUNDS
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 60,420,000Interstate Maintenance $ 170,000,000Bridge Replacement $ 80,000,000Resurfacing $ 260,000,000Capacity/System Enhancement/APD $ 150,000,000Discretionary $ 10,000,000Equipment/Land & Building $ 11,000,000
ALLOCATION OF FUNDS FY 2013
BEGINNING BALANCE $1,213,355,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 60,420,000Interstate Maintenance $ 170,000,000Bridge Replacement $ 80,000,000Resurfacing $ 260,000,000Capacity/System Enhancement/APD $ 150,000,000Discretionary $ 10,000,000Equipment/Land & Building $ 11,000,000ATRIP BONDS $ 33,883,000
ENDING BALANCE $ 0
ALLOCATION OF FUNDS FY 2014
BEGINNING BALANCE $1,213,355,000State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 48,420,000Interstate Maintenance $ 158,000,000Bridge Replacement $ 73,000,000Resurfacing $ 241,000,000Capacity/System Enhancement/APD $ 150,000,000Discretionary $ 10,000,000Equipment/Land & Building $ 11,000,000Overruns $ 50,000,000ATRIP BONDS $ 33,883,000
ENDING BALANCE $ 0
ALLOCATION OF FUNDS FY 2015
BEGINNING BALANCE $1,213,355,000State Funds to Others $ 87,500,000Federal Funds to Others $ 130,427,000ALDOT Overhead $ 72,625,000Routine/Emergency Maintenance $ 147,500,000Safety $ 48,420,000Interstate Maintenance $ 158,000,000Bridge Replacement $ 73,000,000Resurfacing $ 241,000,000Capacity/System Enhancement/APD $ 86,500,000Discretionary $ 10,000,000Equipment/Land & Building $ 11,000,000Overruns $ 50,000,000ATRIP BONDS $ 97,383,000
ENDING BALANCE $ 0
In its latest Highway Trust Fund (HTF) projections, the CBO reports, "the highway and transit accounts of the Highway Trust Fund will have insufficient revenues to meet obligations starting in fiscal year 2015." However, the CBO has also said that it is possible that the HTF will run out of funding before the expiration of current surface transportation bill, MAP-21, on Sept. 30. This is consistent with U.S. DOT Secretary Anthony Foxx's announcement in January that the Highway Account of the HTF is likely to run out of money in August of this year.
ALLOCATION OF FUNDSFISCAL CLIFF 2015
BEGINNING BALANCE $ 480,000,000
State Funds to Others $ 87,500,000Federal Funds to Others $ 0ALDOT Overhead $ 100,000,000Routine/Emergency Maintenance $ 147,500,000Safety $ 0Interstate Maintenance $ 0Bridge Replacement $ 0Resurfacing $ 0Capacity/System Enhancement/APD $ 0Discretionary $ 0Equipment/Land & Building $ 0ATRIP BONDS $ 100,000,000Overruns $ 0Emergency Maintenance $ 45,000,000ENDING BALANCE $ 0
Long-Term Transportation Bill Will Require $100 Billion in New Revenue or Fund Transfers
According to new numbers released this week by the non-partisan Congressional Budget Office, a six-year surface transportation bill would require $100 billion in additional revenue—such as new taxes or transfers from the Treasury's General Fund—just to maintain current spending levels.
Foxx Touts President's Transportation Proposal, Acknowledges State DOT Needs at AASHTO Washington Briefing
Obama, speaking at Union Depot in St. Paul, Minn., called for a $302 billion, four-year surface transportation bill to follow up MAP-21 and allow for greater certainty with funding at the state and local level. Of that $302 billion, preliminary indications are that $206 billion would go toward investing in highways and road safety, $72 billion for transit, $19 billion for rail programs, and $9 billion for competitive funding for programs like the Transportation Investment Generating Economic Recovery (TIGER) grants. The administration says the bill would also stress coordination and local decision making so that "communities can better realize their vision for improved mobility."
FY 2015 BUDGET2014 2015 % Increase
Transit 10.8B 17.7B 64%Highway 40.9B 48.6B 19%Rail 1.6 B 5B 213%TIGER 0.6B 1.25B 108%
Camp's measure is a full tax reform document that touches on transportation as a small piece of that reform. In his bill, the HTF would receive $126.5 billion through the repatriation of corporate tax income, enough to keep the HTF solvent for approximately eight years at current funding levels. Camp's proposal would also generate about $200 million between 2014-2023 through a 6-cent-per-gallon fee for ships traveling the inland waterways.
House Ways and Means Chair
Tonnage of Asphalt by Fiscal Year
FISCAL YEAR TONS TOTAL AMOUNT LET2009 5,677,537 $339,772,7472010 4,200,894 $247,532,0902011 4,983,238 $317,459,1532012 4,113,287 $272,955,6442013 5,043,524 $355,222,731Grand Total 24,018,480 $1,532,942,365
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