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Finding a Long-Term Solution
for Transportation Funding Issues
Emil FrankelInterim President and CEO
Eno Center for Transportation
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Outline
• An Historical Perspective
• The Current State of Transportation in
the U.S.• The Funding Challenges
• A Policy to Overcome These Challenges
• Conclusion
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An Historical Perspective
• The development of cities has been a
function of transportation
• The rise of manufacturing
• Technologies of fixed-route systems
• An automobile-dominated
transportation system• Sprawling suburban and exurban
development
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The Current State of Transportation in the U.S.
The Questions:
What sort of system do we need toeffectively serve a changing
economy and
geography?
Can we afford to make the necessary
investments?
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The Current State of Transportation in the U.S.
• How transportation is organized and funded
in the U.S.
• Privately owned sectors of the U.S.
transportation system
• Investment decisions made at a state and
local level• A pattern of underinvestment in our
transportation infrastructure
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The Current State of Transportation in the U.S.
• Aging, deteriorating, and congested
transportation facilities
• A reactionary attitude towards
crumbling infrastructure
• A political environment that does not
favor transportation and infrastructure
funding
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The Funding Challenges
• The Highway Trust Fund is now reliant
upon general funds for 25-30% of its
total
• Stagnant federal surface transportation
funding
• Environment of fiscal constraint andscarce public
resources
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The Funding Challenges
• Restore,rebuild, andmaintain a
national transportation system that can
serve a dramatically changing economyand society
• Target scarce resources on those
transportation investments that willbring the greatest
benefits
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A Policy to Overcome These
Challenges1.Reconsider and redefine federal interest
in transportation
2.State and local governments must domore to meet the
transportation
infrastructure challenges
3.Significant reforms in governance,project selection, capital
programming,
and project delivery are necessary
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Conclusion
All levels of government involved in
transportation investment mustremember to invest scarce
resources
wisely and identify sustainable sources of
revenue to support those investments.
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QuestionsEmil Frankel
Eno Center for Transportation
[email protected]
