Wisconsin Transportation Finance and Policy Commission
22
Wisconsin Transportation Finance and Policy Commission Transportation Day at the Capitol February 23, 2012
description
Wisconsin Transportation Finance and Policy Commission. Transportation Day at the Capitol February 23, 2012. Commission overview. Organization and directive Members Meetings Needs and Revenue Scenarios Public involvement Timeline Contacts and resources. Organization and directive. - PowerPoint PPT Presentation
Transcript of Wisconsin Transportation Finance and Policy Commission
Wisconsin Transportation Finance and Policy Commission
Transportation Day at the CapitolFebruary 23, 2012
Slide 2
Commission overview
Organization and directive Members Meetings Needs and Revenue Scenarios Public involvement Timeline Contacts and resources
Slide 3
Organization and directive
• Created by the Legislature in the 2011-13 budget
• Directed to examine issues related to the future of transportation finance in Wisconsin, including:o Highway maintenance, rehabilitation and expansion
o Local aid programs (General Transportation Aids, etc)
o Transportation fund debt service
o Options to achieve balance between revenues, expenditures and debt service
o Impact of highway project planning on abutting property
Slide 4
Commission members• Secretary of Transportation (Chair and non-voting member)
• Other appointments made by Governor (6) and legislative leadership (4) representing diverse interests:o Former elected officials
o Economic development organizations
o Shipperso Laboro Engineering
o Agriculture
o Former DOT Secretary
Slide 5
Meetings
• Commission meets monthly, starting in Oct. 2011
• To date, the Commission has:o Reviewed current transportation programs and services
o Developed understanding of current state, federal and local revenues that support transportation in Wisconsin
o Received needs and revenue analyses
• All meeting minutes, agendas, presentations and briefing papers are on the web
Slide 6
Broad Work Plan Flow
Meetings One through Three
Statutory Charge, Programs, Revenues, Challenges and other States’ Approaches
Slide 7
Broad Work Plan Flow
Meetings One through Three
Statutory Charge, Programs, Revenues, Challenges and other States’ Approaches
Meetings Four through Six
Needs AnalysisDefinition of Key Issues for
Commission Work
Funding Needs Under Four Scenarios
Scenario One – Disinvestment
Scenario Two – Preservation
Scenario Three – Capacity Management
Scenario Four – Multi-Modal Enhancements
State Highway Programs 10-Year Totals By Scenario
Series1$0
$5
$10
$15
$20
$25
$30
SE MegaMajorsMaint/OpsRehab
Scenario One
Scenario Two
Scenario Four
Billions
$15.9 $16.9
$26.4$26.4
Scenario Three
Local Highway Programs 10-Year Totals By Scenario
Series1$0$1$2$3$4$5$6$7$8$9
$10
GTA/OthHwy/Brdg
Scenario One
Scenario Two
Billions
$5.5
$7.3
Scenario Three
$7.3 $7.3
Scenario Four
Multi-Modal Programs 10-Year Totals By Scenario
Series1$0
$1
$2
$3
$4
$5
$6
HarborsFreight RailAeronauticsBike/PedPass. RailTransit
Scenario One
Scenario Two
Billions
$3.1
$4.1
Scenario Three
Scenario Four
$5.9
$4.1
Comparison of Scenarios Total 10-Year Needs By Scenario
Series1$0$5
$10$15$20$25$30$35$40$45
Multi-ModeLocal HighwayState HighwayAdmin
Scenario One
Billions
$27.0$30.8
Scenario Two
Scenario Four
$40.3
Scenario Three
$42.1
+$1.0
+$9.5
+$1.8
+$1.0
+$1.8
Slide 13
2011-13 RevenuesTotal Budget: $6.50 Billion
$764.6 Million 11.7%$3,658.5 Million 55.8% BOND FUNDS
STATE FUNDS
FEDERAL FUNDS$1,695.7 Million 25.9%
OTHER FUNDS$433.2 Million 6.6%
Slide 14
State RevenuesFY 2013
Motor Fuel Tax Revenues $979,050,000 51.9%
Vehicle Registration Fees 611,280,000 32.4%
Transfers 163,385,500 8.7%
Miscellaneous Revenues 131,727,500 7.0%
Total Revenues $1,885,443,000 100.0%
Nearly $1.9 billion in gross state revenue collections
Slide 15
State RevenuesFY 04 - FY 23
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
$2,000
Gross State Revenue
Fiscal Year
Mill
ions
Slide 16
Revenue vs. Needs: Least Revenue - $23.8 Billion
Disinvest
ment
Preservation
Capacity M
anagement
Multi Modal E
nhancements
0
5,000,000,000
10,000,000,000
15,000,000,000
20,000,000,000
25,000,000,000
30,000,000,000
35,000,000,000
40,000,000,000
45,000,000,000
$3.3 billion
$7.0 billion
$16.5 billion$18.4 billion
10.3 ¢ 21.9 ¢ 51.5 ¢ 57.5 ¢
4/1/25
4/1/28
4/1/31
4/1/34
4/1/37
4/1/40
4/1/43
4/1/46
4/1/49
4/1/52
7/1/55
7/1/58
7/1/61
7/1/64
7/1/67
7/1/70
7/1/73
7/1/76
7/1/79
8/1/83
4/1/86
4/1/89
4/1/92
4/1/95
4/1/98
4/1/01
4/1/04
4/1/07
4/1/10
0
10
20
30
40
50
60
70
80
90
100
Wisconsin Gasoline Tax HistoryCe
nts p
er G
alle
on
Slide 18
Broad Work Plan Flow
Meetings One through Three
Statutory Charge, Programs, Revenues, Challenges and other
States’ Approaches
Meetings Four through Six
Needs Analysis and Definition of Key Issues for Commission Work
Meetings Seven through Nine
Revenue and Policy Scenarios
Slide 19
Broad Work Plan Flow
Meetings One through Three
Statutory Charge, Programs, Revenues, Challenges and other States’ Approaches
Meetings Four through Six
Needs Analysis and Definition of Key
Issues for Commission Work
Meetings Seven through Nine
Revenue and Program Scenarios
Meetings Ten through
Twelve
Addressing Outstanding
Areas for Further
Commissioner Review and Drafting the Final Report
Slide 20
Public involvement
• Meetings are announced and open to the public
• Invited various stakeholders to present information at the January 2012 meeting
• Held a public listening session in Madison (Jan 12). Additional public listening sessions set for:o Milwaukee (March 22)
o Appleton (April 26)
o Eau Claire (May 31)
• Focus groups in spring
• Public comments via email
Slide 21
Timeline
• Commission’s report to the Legislature is due no later than March 1, 2013
• Work plan direction is to develop a report and recommendations by the end of 2012
Slide 22
Contacts and resources
• Visit the web at www.dot.wisconsin.govo Look for the Commission logo and click on it to access pages
• Beth Nachreiner, TFP Commission StaffWisDOT Office of Policy, Budget and FinanceP.O. Box 7910Madison, WI 53707-7910(608) [email protected]
• Martin Hanson – [email protected]
