Transportation Funding in the Bay Area 101 SPUR | June 26, 2019 - - PowerPoint PPT Presentation

Transportation Funding in the Bay Area 101

SPUR | 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?

Where does the Bay Area Get Its Transportation Funding?

6 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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Federal Funds 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

8 Highway Trust Fund Transit Account Highway Account Public Transportation Account Local Transportation Fund STIP SHOPP State Highway Account Local Roads STA TDA

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

• perators

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 Highway Operation & Protection Program (SHOPP) Gas Tax Subventions State Transportation Improvement Program (STIP) State Transit Assistance (STA) Cap & Trade: LCTOP* Cap & Trade: TIRCP* Cap & Trade AHSC* 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

Temporary Sales Tax Transit Fares Permanent Sales Tax TDA Seismic Retrofit Bridge Tolls Property Taxes RM 1 Bridge Tolls RM 2 Bridge Tolls Air District (TFCA)

Millions

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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

Millions Millions of $ per 1 Million in Population

Real Sales Tax Revenue: 6% Drop Since 2000

$458 $429 13

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 Operations

X X X

Bike/Ped

X X X X

Local Planning

X

Climate

X X

Low-income, senior, disabled populations

X X X X X

Housing

X X

Feel free to get in touch with questions

William Bacon wbacon@bayareametro.gov 415.778.6628

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