SPUR | June 26, 2019
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Transportation Funding in the Bay Area 101 SPUR | June 26, 2019 William Bacon, MTC
Transcript of SPUR | June 26, 2019
Transportation Funding in the Bay Area 101SPUR | June 26, 2019 William Bacon, MTC
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San Francisco Bay Area(Maclek Lulko)
7.7 million residents
27 min. average drive-alone commute
49 min. average transit commute
3.9 million jobs
+19% since 2010
48% of all jobs are in SF, SJ, and northern Santa Clara County
SF and all of Santa Clara County are home to 37% of residents
Streets and Roads in the Bay Area
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42,500+ lane miles of local streets
151,300,000+ daily vehicle miles traveled (VMT)
Eight toll bridges
3.7% of commuters bike to work region-wide
Jim Mauer
8.2% in Berkeley
0.9% in San Jose, the Bay Area’s largest city
Transit in the Bay Area
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25 transit operators
Per capita transit ridership is down 11% over the last 25 years
1.8 million daily transit trips in 2018
80% of transit trips are on the three largest operators
(SFMTA, BART, AC Transit)
Jim Mauer
So how do we fund it all?
Photo: Michael Estigoy
Where does the Bay Area Get Its Transportation Funding?
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Local
51%
State
15%
Regional
13%
Federal
11%
Private/Other
5%
Anticipated Project Funding
(Source TBD)
5%
$309 Billion over the 24 years From FY 2016/17 to 2039/40
Key Transportation Funding Decision Makers
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FederalFunds
Federal Highway Administration (FHWA) and
Federal Transit Administration (FTA)
Caltrans
MTC
State Funds
California Legislature
California Transportation Commission (CTC)
California Air Resources Board (CARB)
Caltrans
California State Transportation Agency (CalSTA)
MTC
Regional &Local Funds
MTC and Bay Area Toll Authority (BATA)
Congestion Management Agencies (CMAs)
Transit Operators
City/County Governments
Revenue Generation — Simplified
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Highway
Trust Fund
Transit
Account
Highway
Account
Public
Transportation
Account
Local
Transportation
Fund
STIPSHOPP
State
Highway
Account
Local
Roads
STATDA
Federal Fuel Excise Tax
18.4 ¢/gal gas
24.4 ¢/gal diesel
15% 85%
CA Fuel Excise Tax*
47.3¢/gal gasoline
36¢/gal diesel
CA Diesel*
Sales Tax
10.5%
CA Statewide
Sales Tax
0.25%
FHWA
Programs
FTA
Programs
County
transportation
authorities
and/or transit
operators
e.g. SF Prop K,
BART, SC & SM
permanent
transit sales
taxes, etc.
County/Transit
Option
Transportation
Sales Taxes
Up to 1.5% total
Other Revenue Generators:
• State – Cap & Trade
• Regional – Tolls
• Registration Fees/Taxes
• Transportation Improvement Fee (SB1 –
RMRA, Congested Corridor, Transit )
Program Set-Asides (ATP,
Planning, Culverts, LPP, etc.)
Rail (SB1)
$
Federal
General Fund
Funding Sources: Federal
$224 $207
$98
$70
$20
$0
$50
$100
$150
$200
$250
FTA: Urbanized Area
Funds
FTA: State of Good
Repair
Surface Transportation
Program (STP)
Congestion Mitigation
& Air Quality (CMAQ)
FTA: Other Formula
Programs
Millions
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Discretionary– Varies Annually:
FTA 5309 – New & Small Starts
BUILD – Freight & Highway Competitive Grants
Annual Revenue Amounts — FY 2018/19
One Bay Area Grant (OBAG)
Funding Sources: State
$520
$480
$69
$251
$55
$140 $130
$0
$100
$200
$300
$400
$500
State HighwayOperation &
ProtectionProgram(SHOPP)
Gas TaxSubventions
StateTransportationImprovement
Program (STIP)
State TransitAssistance (STA)
Cap & Trade:LCTOP*
Cap & Trade:TIRCP*
Cap & TradeAHSC*
Millions
* Amounts may vary widely year to year
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Annual Revenue Amounts — FY 2018/19
Funding Sources: Local & Regional
$1,200
$980
$653
$420 $390
$170 $150 $130 $24 $0
$200
$400
$600
$800
$1,000
$1,200
$1,400
TemporarySales Tax
Transit Fares PermanentSales Tax
TDA Seismic RetrofitBridge Tolls
Property Taxes RM 1 BridgeTolls
RM 2 BridgeTolls
Air District(TFCA)
Millio
ns
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Annual Revenue Amounts — FY 2018/19
0%
10%
20%
30%
40%
50%
60%
70%
80%
Transit Farebox Recovery Ratio, FY 2017-18
Source: Preliminary Audited Financial Statements, FY 2017-18
$54
$63
$55
$41
$51
$55
$0
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
$0
$10
$20
$30
$40
$50
$60
$70
$80
FY 1990-91 FY 2000-01 FY 2005-06 FY 2009-10 FY 2018-19e
Per Capita, FY 2017-18 $ Real, FY 2018-19 $ Nominal $Source:
1. Actuals reported by CA Dept. of Tax & Fee Admin.
2. FY 2018-19 estimates from FY 2019-20 Fund Estimate
Millio
ns
Million
s of
$ p
er
1 M
illion
in P
op
ula
tion
Real Sales Tax Revenue: 6% Drop Since 2000
$458
$429
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TDA ¼ Cent Sales Tax, Bay Area
The “Color of Money” and What It Can Fund
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TDA STA RM2 OBAG TCP ATP C&T STIP
Transit Operating X X X X X
Transit Capital X X X X X X X
Streets & Roads X X
Hwys & Regional
OperationsX X X
Bike/Ped X X X X
Local Planning X
Climate X X
Low-income, senior,
disabled populationsX X X X X
Housing X X
