Tre Treas asur ure e Is Isla land nd Mo Mobi bili lity ty - - PowerPoint PPT Presentation

TREASURE ISLAND MOBILITY MANAGEMENT AGENCY

Tre Treas asur ure e Is Isla land nd Mo Mobi bili lity ty Management Management Program Program

Recommend Approval Toll Exemption for Current Residents

Dece cember r 3, 2019 TIDA CAB Meetin ting

Stee eep p Rise in Bridg dge e Traffic ic

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10,700 20,200 60,000 2015 2025 2035 2025 traffic on and off the island will be double what it is today This is one quarter of current Bay Bridge traffic volumes

Isla land nd Mobility lity Goals ls

Incen enti tiviz vize transit, ansit, walk lkin ing, g, bik ikin ing Discoura urage ge use of privat ate cars s throu

• ugh

gh toll ll and paid id parking ing Meet t perform forman ance ce targets gets

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Planned nned Transi nsit t Improve

• vements

ments

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New Bus to Oakla land New On-Isl Islan and Shutt ttle New Ferry ry to San Francisco cisco Bus s to Transbay nsbay Termin minal New Bus s to SF F Civic Center ter

Implem emen entat tation ion Timeline ne

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Multiple iple Toll Po Policy icy Ac Actions

• ns

Proposed

• posed throug
• ugh

h Early rly 2020 20 Remaining Policy Areas:

• Current workers
• Future low-income residents

Ac Activ iviti ities es Th This Ye Year Outrea reach ch Revis ised d Travel el Demand d Foreca casts sts Revis ised d Financ ncial al Project ctio ions ns

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Recom

• mmen

ended ed Action ion

• 1. Exempt current residents from toll
• 2. Determine implementation details

in Toll System Business Rules (e.g., # per household)

• 3. Revisit exemption program at

Development Project midpoint (e.g., 4000 units)

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Current Resident Exemption, Unmet Funding Need

UNMET FUNDING NEED WITH CURRENT RESIDENT EXEMPTION LOW ESTIMATE HIGH ESTIMATE

Total Funding Gap through Buildout

~$8.6M ~$20.4M

Funding Gap Per Year over 6 Years

$1.43M $3.4M

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To Toll Po Policy cy Ne Next t St Steps

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Winter er 2019/2 9/202 020 0 – Complete ete

• utrea

reach ch wi with employ

• yers

rs and worker ers Winter er 2019/2 9/202 020 0 – Complete ete finan anci cial al analy lysi sis s of benefi efits ts for wo workers ers and futur ture e low-inc incom

• me

e resid iden ents ts Sp Spring g 2020 – Pr Propose se toll l level, l, hours rs of operati ation

• n,

, and affor forda dabi bilit lity y progra ram for worker ers s and futur ture e low- incom

• me

e resid iden ents ts

TREASURE ISLAND MOBILITY MANAGEMENT AGENCY

Th Than ank you

• u.

An Any Qu Ques esti tion

• ns?

s?

sfcta.org/timma