1. I-81 Corridor Improvement Plan
Shannon Valentine
Secretary of Transportation
January 24, 2019

3. Motor Fuel Tax Revenue and Vehicle Miles Traveled (VMT)
Source: CTF Revenue Reporting by DOA; VDOT VMT Report DVMT by Maintenance Jurisdiction All Roads, annualized total (VMT reflects calendar year reporting)

4. Commonwealth Transportation Fund Revenue Updates
December 2018 Revenue Forecast
$47.2 million net reduction statewide
Regional Revenues positive

5. Transportation Revenue Estimate Updates
State Revenue updates during FY 2019 – FY 2024 period
Sales Tax on Fuel decreased $56.6 million
$45.7 million for the HMOF
$10.9 million for the TTF
Retail Sales and Use Tax collections forecast increased by $185 million; $93.7 for HMOF and $91.8 million for TTF
Expectations for Motor Vehicle Sales and Use Tax were reduced by $175 million over the period
Updates of other miscellaneous and dedicated revenues impact total available funding

6. Revenue Estimate Updates
Federal revenue is based on Federal FY 2019 apportionments and assume Obligation Authority levels for the year provided under the FAST Act
Current federal budget extension through December 21, 2018, obligation authority provided to Virginia based on portion of the year
After FY 2020, assumed federal revenue growth of 1.7 percent
“Absent a revenue fix by 2020, the Federal Highway Trust Fund is expected to experience a significant cash shortfall leading to an estimated 51 percent drop in highway obligations from the year before, or from $ billion to $23 billion, and a zeroing out of obligations from the Mass Transit Account in 2021 and 2022.” - Carlos Braceras P.E., President of American Association of State Highway and Transportation Officials; Testimony on November 28, 2018 to U.S. Senate Committee on Environment and Public Works
Without congressional action, federal revenues will be reduced in the future

7. Transportation in Virginia
SMART SCALE
State of Good Repair
VITAL Infrastructure
WMATA and Transit

8. I-81 Corridor Overview – Critical to Movement of Goods in Eastern U.S.
Includes TRANSEARCH INSIGHT and VDOT data

9. I-81 Corridor Operations Plan Delay Makes I-81 Unique

10. Major Interstate Corridor Funding SMART SCALE vs. Other Resources
Regional/Tolls/Other
I-64
$397
$1,179
I-66
$2,680
I-77 $5
I-81
$168
I-85
I-95/I-395
$220
$940
Figures in millions

11. SB971: I-81 Corridor Improvement Plan
Review of top problem areas
Identification of potential solutions for each problem area and operations plan
Prioritization of potential solutions and recommended improvement plan
Development of potential financing options
Economic impact analysis of tolling

12. Public Engagement 12 public input meetings
950+ attendees
5 Commonwealth Transportation Board briefings
2000+ comments received from the public

13. Prioritization of Potential Capital Improvements
Focused on capital improvements package of $2.2 billion based on industry capacity feedback – approximately ½ of cost of all improvements
Evaluated all potential capital improvements using SMART SCALE-like process with benefits determined as follows:
40% based on person hours of delay
40% based on change in crash frequency
20% based on change in access to jobs

14. Summary Benefit Results from Prioritized Capital Improvements
By deploying $2.2 billion of capital improvements along the I-81 corridor*:
Annual vehicle hours of delay will be reduced, on average, by more than 6 million
Trucks will capture more than 3.6 million vehicle hours of annual delay reductions
Reductions related to construction of capital improvements responsible for more than 90% of these benefits
Annual statistical crashes are anticipated to be reduced, on average, by almost 450 across the entire corridor
Approximately 29% of the reduction in annual statistical crashes (representing almost 130 crashes) involve an injury
* Estimated based on the share of vehicle delays generated by projects included in list of $2.2 B improvements compared to total vehicle delays generated by all improvements considered in the corridor. Estimate includes benefits related to Operational Improvements

15. I-81 Financing Options Regional Tax Option Rate Revenue Generated
Retail Sales and Use Tax
0.7%
$105
Regional Fuels Tax
2.1%
$60
Tolling Option
Rate
Revenue Generated
Time of Day Tolling with I-81 Commuter Annual Pass
Variable
$145
* Figures in millions and for FY2020

16. 81 Corridor Improvement Plan
Bipartisan draft legislation introduced
Creates a framework for establishing dedicated funding source
Authorizes CTB to impose tolls
Caps on tolls
Offers annual pass for autos and small trucks
Revenues may only be used for improvements in 81 Corridor
Advisory board will be established

17. On-Going Items Establish Truck Parking Task Force
Establish Speed Enforcement Task Force
Develop Multimodal Recommendations
Plan sets aside $200M to implement the operational improvements and these items