06 hasan ikhrata

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Planning, Funding & Future TrendsA Regional Perspective

Hasan IkhrataExecutive Director

For

California Asphalt Paving Association

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What I’ll Cover

1. RTP/SCS Overview2. Implications and Opportunities

for the Asphalt Paving Industry

The World is Changing! Can we keep up?

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What I’ll Cover

1. RTP/SCS Overview2. Implications and Opportunities for the

Asphalt Paving Industry


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SCAG Region

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SCAG Region

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[21,690] miles of highways and arterials[470] miles of passenger rail[6] air carrier airports

[446 million] miles driven each day[81 million] air passengers each year[45%] more urban rail riders between 2000 and 2006[34%] of our jobs depend on the goods movement industry

State and federal gas taxes have not changed in nearly [20] yearsYet, highway construction costs have grown by [82%]

SCAG Region

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Regional Transportation Plan:3 Overarching Strategies

allocate

ONLY 13%capital investment

to highways

focus over

50%growth within

3%land area

FROM 7:3single- vs. multi-

family units

TO 3:7

Transportation Investment Trends - 1920

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Transportation Investment Trends – 2035 Plan

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Regional Transportation Plan:$525 billion (expenditures)

Funding Challenges

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Regional Transportation Plan:$525 billion (revenues)

New Revenue Sources and Innovative Financing Strategies

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• Local Sales Tax Measures & Bonding

• Gas Tax Adjustment

• Mileage-based User Fee

• Highway Tolls

• Private Equity Participation

• Freight Fee Program

• E-commerce Tax

• Interest From Toll Bonds

• Value-capture Strategies

New for 2012 RTP:Sustainable Communities Strategy

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• New state laws to control Greenhouse Gas Emissions (First-in-the-Nation)

• S.B. 375 requires RTP to attain GHG emissions targets for cars and light trucks

• SCS component of RTP outlines integrated land use and transportation strategies to meet targets

• Community livability, sustainability, prosperity “co-benefits” – Not just GHG reduction!

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A Game Changer for Southern California?

• Certified by federal agencies for conformity

• SCS target affirmed by ARB

• Praised in Wall Street Journal, LA Times, Huffington Post, and more

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• Cities and counties

• County Transportation Commissions

• Respective state agencies

• Business community

• Development Community

• Affordable housing advocates

• Air quality

• Public health advocates

Key Support for the RTP/SCS

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What I’ll Cover

1. RTP/SCS review

2. Implications and Opportunities for the Asphalt Paving Industry


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Advancing Jobs in Our Region

Construction

Network Benefits Commuting Accessibility Transportation

174,500Annual Jobs

354,000Annual Jobs

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Major Highway Projects in the RTP

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Express/HOT Lane Network

Preservation & Operations Funding

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RTP allocates

ONLY 13%capital investment

to highways

Why?

• Deteriorating infrastructure – “Fix-it-First”

• Most counties focusing on transit investment

• Demographics…

Declining per-capita VMT

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VMT per capita for USA. Source: FHWA, Census Bureau

Growing Age Groups Drive Less

5.5

6.4

10.6

11.8

2.0

4.0

0 5 10 15 20 25

Population (millions)

Historic and Projected Population By Age Group

0-20

21-64

65+

2010

2035

30%

29%

59%

53%

11%

18%

Source: US Census Bureau, SCAG

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Emerging Opportunities for the Paving Industry

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System Preservation: Operations and Maintenance

RTP allocation of O&M Expenditures


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Active Transportation: Bicycle/Pedestrian Facilities

$6.7 billion in 2012 RTP/SCS

Key venue for new pavingtechnologies


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New Technologies: Emphasis on Sustainability

Colored, porous, recycled “green” materials

Add value, provide a service, not a commodity.

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Planning, Funding & Future TrendsA Regional Perspective

Hasan IkhrataExecutive Director

For

California Asphalt Paving Association

06 hasan ikhrata

Business

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