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Bus Toll Lanes Imagine... a transit solution that reduces traffic congestion and pays for itself!

Imagine - Tampa Hillsborough Expressway Authority · sustainable public transportation solution to fund the construction and operation of a competitive public transit system. •

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Page 1: Imagine - Tampa Hillsborough Expressway Authority · sustainable public transportation solution to fund the construction and operation of a competitive public transit system. •

Bus Toll Lanes

Imagine...a transit solution that reduces traffic congestion and pays for itself!

Page 2: Imagine - Tampa Hillsborough Expressway Authority · sustainable public transportation solution to fund the construction and operation of a competitive public transit system. •

Bus Toll Lanes:A Public Partnership

Bus Toll Lanes (BTLs) are an innovative approach to managed lanes that create a financially feasible, self-sustaining public transportation solution by combining public transit capital funding with long-range toll revenue. BTLs use real-world business practices to provide the accountability needed to ensure premium service today and in the future. How do they accomplish this...

•BTLsofferpremiumtransitserviceoperatingondedicatedlanesaddedtolocalhighways.

•BTLsprovide the fastest lowest-costoption togetpeoplewheretheywanttogo.

•ConstructionofaBTLcouldbefundedwithacombinationof public transportation sources (such as local, state andfederalgrants)aswellastollscollectedfromusers.

•Although dedicated to transit, a BTL would allow othervehiclesinthelane;allthosevehicleswouldpayatoll.

•Thispublicpartnershipwill fundnotonlytheconstruction,butalsooperationsandmaintenanceofthistransitsolution.

•Tollrevenuecollectedfromprivatevehiclesisreinvestedintotransittocovertheoperationalandmaintenanceexpenses.

•With tolls collected electronically, (no toll booths, no tollboothcongestion)allvehiclesintheBTLlanewillmaintainfree-flowoperatingspeeds.

Bycombiningtheindividualstrengthsoftransitandtolling,BusTollLanesgivetravelersarealchoicebyprovidingsustainable,competitiveoptions.

Page 3: Imagine - Tampa Hillsborough Expressway Authority · sustainable public transportation solution to fund the construction and operation of a competitive public transit system. •

Bus Toll Lanes use bus rapid transit services on newly constructedBus Toll Lane guideways dedicated to transit – this makes transit competitive with cars!

Comparedtoothermanagedorgeneralpurposelanes,BusTollLanesmovepeople!

BTLnetworksencouragemorecompactmixed-use landdevelopmentwhich results in the reduction of trips and more efficient use of theexistingtransportationsystem–this reduces congestion!

Table 1: BTLs Move PeopleHypothetical Person Throughput on Bus Toll Lanes in a Limited-Access Free-Flow Environment(Source: Parsons Brinckerhoff)

Moving People; Reducing Congestion

Page 4: Imagine - Tampa Hillsborough Expressway Authority · sustainable public transportation solution to fund the construction and operation of a competitive public transit system. •

BypricemanagingtheBusTollLane,thetollratewillvarybytimeofdaytoassurefree-flowtrafficatalltimes–this ensures high travel speeds!

Evenwith 60busesper hour using theBusToll Lane, that’s still usinglessthan10%ofthelanecapacity.Thatleavestheremaining90%oftheremaining capacity for vehiclespayinga toll to support andgrow thetransitservice–this ensures stainability!

BusTollLanesprovidealowcost,timecertainoptiongoingwherepeoplewanttogo-this grows ridership!

Table 2: Transit Ridership Forecasts for 2015(Source: AECOM)

Page 5: Imagine - Tampa Hillsborough Expressway Authority · sustainable public transportation solution to fund the construction and operation of a competitive public transit system. •

Financial

PublicTransittypicallyfundsmajorcapitalprojectsthroughFederalgrantswithlocalmatchingfunds,usuallycomingfromthetransportationfueltaxorgeneraltaxsources.

Thegreatestfinancialchallengefortransitisfindingsustainable revenue sources to cover ongoingoperationsandmaintenancecosts.

Tollprojectfinancing isverymuch theoppositeoftransit.Tollprojectstypicallyfaceafinancialchallengein raising theup-frontcapital forconstruction,andprojects often need capital to supplement therevenuebondsissuedforconstruction.

By working together, transit capital funds can bridge the financing gap needed to build the roadway, with tolls providing the return on that investment by covering transit operating costs.

Bus Toll Lanes can fully cover the transit operating costs while producing significant amounts of additional revenue for the transit agency to grow future service.

Table 3: 30-Year BTL Revenues and Costs(Source: Parsons Brinckerhoff, Tindale Oliver, American Engineering & AECOM)

Page 6: Imagine - Tampa Hillsborough Expressway Authority · sustainable public transportation solution to fund the construction and operation of a competitive public transit system. •

•The BTL transit-tolls partnership is a financially feasible,sustainablepublictransportationsolutiontofundtheconstructionandoperationofacompetitivepublictransitsystem.

•VaryingthetollrateforautomobilestocontroldemandontheBTLensuressignificantandsustainablenewcapacitytoexistingtravelroutesandsubstantiallyreducesurbantrafficcongestion.

•TheBTLsubstantially increases the“people-moving”capacitywhereitisneededmost-withinhigh-demandurbancorridors.

•ProventollbusinesspracticesontheBTLwillcreateasustainablerevenue source to support expansionof public transportationsystemsandreducerequirementsforlocaltransittaxsubsidies.

•“TransitFirst”practicesaddresstheneedsofthetransportationdisadvantaged by funding more frequent transit service andreducingpublictransitfares.

•BTLnetworkssupporttransit-orienteddevelopmenttocreateamorecompact,efficienturbanland-use.

BRT andExpressBus

ValuePricing

Toll Paying Drivers andFare Paying Passengers

To Summarize

Page 7: Imagine - Tampa Hillsborough Expressway Authority · sustainable public transportation solution to fund the construction and operation of a competitive public transit system. •

Moving Forward...

To ensure that BTL projects are eligible forFTA capital, we suggest that the next surfacetransportation authorization should specificallyclarifythatthedefinitionof“fixedguideway”allowsFederalfundingfortransitagencieswhowishtobeequitypartnersintheconstructionandoperationofBTLprojectsandnetworks.

For more information, go online to www.tampa-xway.com or call us at (813) 272-6740.

Page 8: Imagine - Tampa Hillsborough Expressway Authority · sustainable public transportation solution to fund the construction and operation of a competitive public transit system. •

CENTER FOR URBANTRANSPORTATIONRESEARCH

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