transportation infrastructure outlook ed mcspedon, hntb may 2, 2012
TRANSCRIPT
Transportation Infrastructure Outlook
Ed McSpedon, HNTB
May 2, 2012
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Voters Support Infrastructure
• People are willing to pay when they see what they will get and that there will be accountability to deliver
• More than 70 percent of local infrastructure funding issues have passed in the last five years
70%
Americans Willing to Pay for Transportation Improvement
Almost 3 in 4 (74 percent) Americans would be willing to spend more on various transportation expenses or taxes if the money was put toward long-term transportation improvement. Among those wiling to spend more, the most popular expenditure would be a flat-rate increase: tolls on roads and bridges (44 percent).*
* According to HNTB’s America THINKS survey series research.
Americans Willing to Spend to Save Time in Traffic
More than half (58 percent) of Americans would pay more each month to reduce the time they spend in traffic by 20 percent. These citizens would spend an average of $13 per month – more than $150 a year – to make it happen.*
* According to HNTB’s America THINKS survey series research, Feb. 2011
Americans Support Improvements to Major Corridors
Nearly 7 in 10 (69 percent) of Americans are either somewhat or extremely likely to support funding long-term improvements to the six interstate highways designated as “Corridors of the Future” by the U.S. Department of Transportation.*
* According to HNTB’s America THINKS survey series research.
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• 19 “self-help counties” represent 81 percent of the population of the state, or roughly 30 million people
• Taxes are authorized up to 1 cent (1 percent) and are subject to two-thirds voter approval and usually have a duration of 20-30 years
• Represent a total investment of more than $140 billion
Residents of 19 California Counties Voted to Impose Sales Taxes to Improve Transportation
County DurationEst. 2010
Revenue ($m)
Alameda 2002-22 122
Contra Costa 1989-2034 65
Fresno 1987-2027 57
Imperial 1990-2050 10
Los Angeles (1% tax) Permanent 1,333
Los Angeles (Measure R) 2009-2039 667
Madera 1990-2027 7
Marin 2005-25 21
Orange 1991-2041 266
Riverside 1989-2039 133
Sacramento 1989-2039 95
San Bernadino 1990-2040 142
San Diego 1988-2048 223
San Francisco 1990-2034 78
San Joaquin 1991-2041 43
San Mateo 1989-2033 64
Santa Barbara 1990-2040 29
Santa Clara 1996-2036 167
Santa Clara (BART ext. 0.125%) 2013-43 (Est) 42
Sonoma (0.25% Tax) 2005-25 18
Sonoma-Marin (SMART 0.25%) 2009-29 29
Tulare 2007-37 23
TOTAL $ 3,634.00
Transportation Infrastructure Outlook
Ed McSpedon, HNTB
May 2, 2012