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MetroTex Association of RealtorsOctober 2, 2014
Securing Future Transportation Investment for Texas
More than 53,000
bridges
80,233 centerline miles
194,887 lane miles
Source: Texas Dept. of Transportation
Texas has the largest highway system
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10,000
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Cen
terl
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Mile
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50% of Texas’ highways were built between 1947-1977
Source: Texas Dept. of Transportation
Our infrastructure is aging
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Pe
rce
nt
‘149%
’6033%
Reduced emphasis on transportation
Percentage of state budget dedicated to transportation
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.1
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.3
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.4
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.7
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Effective State TaxRateEffective Federal TaxRate
Cen
tsP
er
Ga
llon
Tax rate adjusted by inflation in roadway construction costs
Purchasing power has gone down
125%172%
19%
238%
population vehicles highway use highway space
Source: Texas A&M Transportation Institute
A supply and demand problem
Growing safety concerns
There were 3,377 motor vehicle traffic fatalities in 2013, up from 3,060 in 2010.
Source: Texas Dept. of Transportation
Congestion levels are growing
Each year, congestion costs Texans:
472 million extra hours of travel time
$10.1 billion in delay and fuel costs
$2.1 billion in truck freight moving costs
Texas cities have highest levels of congestion in nation:
# 6 – Houston
# 13 – Dallas/Fort Worth
# 17 – Austin
Source: Texas Transportation Institute’s “2012 Urban Mobility Report”
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$4.0
$4.5
$5.0
1970 1975 1980 1985 1990 1995 2000 2005 2010 2015
Billi
on
sOil and gas severance tax revenue
Severance tax allocation
Distribution Now Distribution with Prop. 1
What does Prop 1 do?
• Provide billions in transportation funding – without new taxes, fees or debt
• Funds can NOT be used for toll roads
• Increases safety while addressing congestion
• Reduces cost of operating your car
• Creates jobs
• Requires TxDOT to become more efficient
• Begins to reduce Texas’ transportation debt
We need your help
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