Unlocking the GridlockUnlocking the GridlockA Strategic Vision A Strategic Vision
For Congestion ReliefFor Congestion Relief
Lieutenant Governor Casey CagleLieutenant Governor Casey Cagle
Unlocking the GridlockUnlocking the GridlockA Strategic Vision A Strategic Vision
For Congestion ReliefFor Congestion Relief
Lieutenant Governor Casey CagleLieutenant Governor Casey Cagle
Where Are We Now?The Big Picture on CongestionThe Big Picture on Congestion
Forbes.com ranks Atlanta as the #1 worst city for Forbes.com ranks Atlanta as the #1 worst city for commuterscommuters
• Gridlock costs our citizens in wasted gas, lost wages and less Gridlock costs our citizens in wasted gas, lost wages and less productivity, not to mention time spent away from our families. This is a productivity, not to mention time spent away from our families. This is a total cost of total cost of $1.75 billion a $1.75 billion a yearyear..
• This does not include lost business opportunities:This does not include lost business opportunities:
• Atlanta Business Chronicle Headline, March ‘07: Atlanta Business Chronicle Headline, March ‘07: “City's bid for “City's bid for corporate HQ lost in traffic”corporate HQ lost in traffic”
• Atlanta has lost at least 3 Fortune 500 proposals since Newell Rubbermaid: Chiquita Brands International, MeadWestvaco Corp and the former Kmart Holding Corporation
Forbes.com ranks Atlanta as the #1 worst city for Forbes.com ranks Atlanta as the #1 worst city for commuterscommuters
• Gridlock costs our citizens in wasted gas, lost wages and less Gridlock costs our citizens in wasted gas, lost wages and less productivity, not to mention time spent away from our families. This is a productivity, not to mention time spent away from our families. This is a total cost of total cost of $1.75 billion a $1.75 billion a yearyear..
• This does not include lost business opportunities:This does not include lost business opportunities:
• Atlanta Business Chronicle Headline, March ‘07: Atlanta Business Chronicle Headline, March ‘07: “City's bid for “City's bid for corporate HQ lost in traffic”corporate HQ lost in traffic”
• Atlanta has lost at least 3 Fortune 500 proposals since Newell Rubbermaid: Chiquita Brands International, MeadWestvaco Corp and the former Kmart Holding Corporation
What is the Process?Taking advantage of private investment
Public-Private Partnerships have proven successPublic-Private Partnerships have proven success
An estimated An estimated $185 billion$185 billion in private capital is looking to be invested in public in private capital is looking to be invested in public infrastructure infrastructure
•Other states have won with Public-Private Partnerships:Other states have won with Public-Private Partnerships:
Virginia:Virginia: $3 billion$3 billion Capitol Beltway project Capitol Beltway project
Texas:Texas: A PPI on State Highway 131 which will bring in A PPI on State Highway 131 which will bring in $4.6 billion in $4.6 billion in revenuesrevenues to be used for other transportation projects to be used for other transportation projects
IndianaIndiana: : $3.8 billion$3.8 billion for the Indiana Turnpike for the Indiana Turnpike
IllinoisIllinois: : $1.8 billion$1.8 billion for the Chicago Skyway for the Chicago Skyway
Georgia:Georgia: $0$0
•
Public-Private Partnerships have proven successPublic-Private Partnerships have proven success
An estimated An estimated $185 billion$185 billion in private capital is looking to be invested in public in private capital is looking to be invested in public infrastructure infrastructure
•Other states have won with Public-Private Partnerships:Other states have won with Public-Private Partnerships:
Virginia:Virginia: $3 billion$3 billion Capitol Beltway project Capitol Beltway project
Texas:Texas: A PPI on State Highway 131 which will bring in A PPI on State Highway 131 which will bring in $4.6 billion in $4.6 billion in revenuesrevenues to be used for other transportation projects to be used for other transportation projects
IndianaIndiana: : $3.8 billion$3.8 billion for the Indiana Turnpike for the Indiana Turnpike
IllinoisIllinois: : $1.8 billion$1.8 billion for the Chicago Skyway for the Chicago Skyway
Georgia:Georgia: $0$0
•
What is the process?Local Option Funding
A regional funding mechanism (TSPLOST) is a A regional funding mechanism (TSPLOST) is a valuable tool that should be an option for our valuable tool that should be an option for our
statestate
Effective TSPLOST must encompass three points:Effective TSPLOST must encompass three points:
1.1. Focused on end result of reducing congestionFocused on end result of reducing congestion
2.2. Statewide perspectiveStatewide perspective
3.3. Consensus from business community and Consensus from business community and legislaturelegislature
As business leaders, you should have a say in how As business leaders, you should have a say in how any local TSPLOST plan operatesany local TSPLOST plan operates
A regional funding mechanism (TSPLOST) is a A regional funding mechanism (TSPLOST) is a valuable tool that should be an option for our valuable tool that should be an option for our
statestate
Effective TSPLOST must encompass three points:Effective TSPLOST must encompass three points:
1.1. Focused on end result of reducing congestionFocused on end result of reducing congestion
2.2. Statewide perspectiveStatewide perspective
3.3. Consensus from business community and Consensus from business community and legislaturelegislature
As business leaders, you should have a say in how As business leaders, you should have a say in how any local TSPLOST plan operatesany local TSPLOST plan operates
What is the process?
Set up a mechanism to drive congestion relief that Set up a mechanism to drive congestion relief that makes the most efficient use of all funding sourcesmakes the most efficient use of all funding sources
Identify key congestion relief projects that are in Identify key congestion relief projects that are in the statethe state
Empower SRTA to implement those projects that Empower SRTA to implement those projects that have been identified as top prioritieshave been identified as top priorities
Set up a mechanism to drive congestion relief that Set up a mechanism to drive congestion relief that makes the most efficient use of all funding sourcesmakes the most efficient use of all funding sources
Identify key congestion relief projects that are in Identify key congestion relief projects that are in the statethe state
Empower SRTA to implement those projects that Empower SRTA to implement those projects that have been identified as top prioritieshave been identified as top priorities