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CFEE Conference March 23 rd, 2007 By: Jim Madaffer State & Local Authority What We Have, and What We Need
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What We Have I-15 SR-125 What We Need New Opportunities What We Have I-15 SR-125 What We Need New Opportunities Presentation Outline
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By the Numbers… Grew from 1,000 to 20,000 customersGrew from 1,000 to 20,000 customers Over 10 million trips processedOver 10 million trips processed Over $15 million in tolls collectedOver $15 million in tolls collected Over $7 million in transit subsidyOver $7 million in transit subsidy Over 1 million transit passengersOver 1 million transit passengers Growth 1996 – Present … Average Daily Traffic (ADT) has increased by more than 100% HOV use has increased by 45% = CMS = VTMS Where We’ve Been Past 10 Years
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Dynamic Variable Pricing Per-trip pricing using FasTrak TM electronic toll collection began in April 1998 First project to employ dynamic variable pricing Fees derived from volume of vehicles in Express Lanes; set to keep traffic free flowing Per-trip pricing using FasTrak TM electronic toll collection began in April 1998 First project to employ dynamic variable pricing Fees derived from volume of vehicles in Express Lanes; set to keep traffic free flowing Typical fee range is $0.50 to $4.00, with $8.00 maximum toll (Ex.) Pricing Table
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Peak Hour Throughput Number of People per Hour Per Lane on I-15 1,000 1,500 2,000 2,500 3,000 2:00 PM2:30 PM3:00 PM3:30 PM4:00 PM4:30 PM5:00 PM5:30 PM6:00 PM6:30 PM General Purpose LaneManaged Lane 2,100 More People During Average P.M. Commute
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Public Support for Managed Lanes Approval of FasTrak Program By Group Don’t Know 6% Approve 66% Disapprove 28% Other I-15 Users Don’t Know 1% Approve 88% Disapprove 11% FasTrak Customer Conducted public outreach Stakeholder interviews Phone / Intercept Surveys Focus Groups Conducted public outreach Stakeholder interviews Phone / Intercept Surveys Focus Groups
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Approval of FasTrak Program AgeEthnicity Income ($000’s) Approval of FasTrak Program By Age, Ethnicity, and Income Approval of FasTrak Program By Age, Ethnicity, and Income
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By the Numbers… Managed Lanes Project, constructed in 3 stages (middle, north, and south) Total length = 20 miles Four-lane concurrent (NB/SB) flow with movable barrier Project cost: over $1 billion ML FasTrak Projections… Over 6 million toll transactions expected each year (after 2012) Between $7 million to $9 million in revenue per year (after 2012) Where We’re Headed I-15 Managed Lanes = Stations / Direct Access Ramps
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Existing & New Opportunities Existing Toll Road (SR-125) Existing Value Pricing Corridor New Value Pricing Corridors Possible New Toll Roads
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Lessons Learned There is public support for congestion pricing. Pricing works as a congestion management tool. Corridor-level public outreach and market research is needed. Given growing demands and constrained revenues, new tools such as pricing and tolling are needed. Need Authority at the State Level to expand the concept.
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