Regional Transportation Funding and Messaging Bill Bell FTAC
Co-Chairman VP, Human Resources & Administration Newport News
Shipbuilding
Slide 2
FTAC Robert Barclay Suffolk, VA City Council Bill Bell Newport
News Shipbuilding Butch Crane K-Line America Ron Drogan CrossGlobe
Group Keith Helton Givens Transportation Chris Luebbers Norfolk
Southern, Inc. Rick Morris Canon Virginia, Inc. Art Moye Virginia
Maritime Association HRTPOs business-driven subcommittee Advises on
regional freight transportation requirements and conducts public
outreach Economic drivers represented by FTAC employ thousands in
Virginia
Slide 3
www.hrtpo.org www.portofvirginia.com A Region United on
YouTube
Slide 4
Hampton Roads Transportation Transportation infrastructure is
critical to regional businesses & economic health Efficient
transportation systems benefit commuters AND businesses Less
traffic congestion Lower cost of goods & services Better
quality of life
Slide 5
Transportation Funding HRTPOs 2034 Long Range Transportation
Plan (LRTP) 150 projects considered = $30 billion
Fiscally-constrained, prioritized to 11 studies and 79 new projects
Only $1.2 billion in traditional funding is available $7.7 billion
is available by combining traditional revenue sources, local
revenues, projected tolling and private investment, and the
Governors Omnibus Transportation Funding Package
Slide 6
Options for Financing a $1 B Project Tolls only At 50,000
paying customers per day, average toll of $4.30 is required Gas tax
only 9.6 regional gas tax is required Sales tax only 0.5% regional
sales tax is required Combination of all three 50,000 daily paying
customers and $1.45 average toll 3 regional gas tax 0.2% regional
sales tax
Slide 7
The Current Perception Doom and gloom if we do nothing A
mistrust of providing revenues to lawmakers and lack of confidence
that funds will always be used as intended Pervasive feeling that
any increase in revenues for any purpose will result in becoming
unelectable
Slide 8
Lets Shift the Perception Positive tone, emphasize benefits of
investing in transportation Attracts businesses Creates jobs Lowers
cost of goods & services Maintains/improves quality of life
currently enjoyed in the region Transportation is an Investment Not
A Cost
Slide 9
Newport News Shipbuilding Largest industrial employer in
Virginia Approximately 21,000 employees 7 of 10 depend on a bridge
or bridge-tunnel Ships in supplies from every state in the nation
but Alaska
Slide 10
How You Can Help Advocate for making transportation a priority
Promote regionalism and citizen awareness that efficient
transportation systems benefit commuters AND businesses Emphasize
positive aspects of investing in transportation
