road funding in the age of fuel efficiency · 2017. 5. 2. ·...

Post on 03-Oct-2020

3 Views

Category:

Documents

0 Downloads

Preview:

Click to see full reader

TRANSCRIPT

©  D’Artagnan  Consul0ng  LLP  

Road Funding in the Age of Fuel Efficiency Travis P. Dunn

IBTTA Transportation Finance & Road Usage Charging Conference

April 26, 2015 Portland, OR

3 Reasons Per-Mile Charging Got More Interesting

©  D’Artagnan  Consul0ng  LLP   1  

TODAY  (STATUS  QUO)  

THE  FUTURE  

©  D’Artagnan  Consul0ng  LLP   2  

Total cost of driving – pennies per mile

©  D’Artagnan  Consul0ng  LLP   3  

Fuel    13.0    

Fuel  Taxes    1.8    

Maintenance    5.1    

Insurance    6.5    Other  Taxes  

 2.3    

Deprecia0on    22.3    

Tires    1.0    

Finance    5.4    

Pennies per mile

©  D’Artagnan  Consul0ng  LLP   4  

0  

25  

50  

75  

1991   1996   2000   2005   2008   2012  

IRS-­‐es'mated  total  cost  of  driving  

Cost  per  mile  driven  dedicated  to  roads  

©  D’Artagnan  Consul0ng  LLP   5  

Houston  

San  Antonio  

Corpus  Chris8  

Rio  Grande  Valley  

Laredo  

©  D’Artagnan  Consul0ng  LLP   6  

©  D’Artagnan  Consul0ng  LLP   7  

©  D’Artagnan  Consul0ng  LLP   8  

Trucks & SUVs as a % of Auto Sales

©  D’Artagnan  Consul0ng  LLP   9  

0%  

10%  

20%  

30%  

40%  

50%  

60%  

70%  

1976   1982   1988   1994   2000   2006   2012  

July  2005:  60.6%  

The fuel economy challenge, 2008-2015

©  D’Artagnan  Consul0ng  LLP   10  

The fuel economy challenge, 2008-2015

©  D’Artagnan  Consul0ng  LLP   11  

©  D’Artagnan  Consul0ng  LLP   12  

Gas Tax Revenue in Pennies Per Mile

©  D’Artagnan  Consul0ng  LLP   13  

0  

0.5  

1  

1.5  

2  

2.5  

1991   1998   2004   2009   2015   2022   2029   2036  

Reason 1: Fuel tax decline is real and here to stay

©  D’Artagnan  Consul0ng  LLP   14  

Fuel  Economy  

Fuel  Tax  Revenue  

What we learned at the 2014 IBTTA Annual Meeting

©  D’Artagnan  Consul0ng  LLP   15  

u  Software is eating average

u  High fidelity vs. high utility

… But what about government services?

Doug  Stephens,  Retail  Prophet  

©  D’Artagnan  Consul0ng  LLP   16  

Proliferation of light vehicle telematics

©  D’Artagnan  Consul0ng  LLP   17  

Reason 2: Collection is easier and less costly each year

©  D’Artagnan  Consul0ng  LLP   18  

Telema0cs  A

vailability,  Ad

op0on,  and  Q

uality  

Per-­‐Mile  Charge  Collec0on  Costs  

Creole Crumble

©  D’Artagnan  Consul0ng  LLP   19  

Transportation in the news

©  D’Artagnan  Consul0ng  LLP   20  

5  

6  

7  

8  

9  

10  

Jan-­‐12   Jan-­‐13   Jan-­‐14  

INRIX,  Inc.  Conges8on  Index  

Reason 3: As road quality declines, awareness grows

©  D’Artagnan  Consul0ng  LLP   21  

Public  Aware

ness  

Road  Quality  

In summary…

©  D’Artagnan  Consul0ng  LLP   22  

Fuel  Economy  

Telema0cs  

Public  Aware

ness  

Fuel  Tax  Revenues  Per-­‐Mile  Charge  Collec0on  Costs  

Road  Quality  

STATUS  QUO  

In summary…

©  D’Artagnan  Consul0ng  LLP   23  

<   ROAD  CHARGING  

STATUS  QUO  

©  D’Artagnan  Consul0ng  LLP  

Thank You!

Travis P. Dunn travis.dunn@dartagnan.co

©  D’Artagnan  Consul0ng  LLP   24  

top related