1. Keeping Texas in Business

2. Texas has a long legacy of good roads Symbol of our economic prosperity, attracting jobs and people to the State In part, our congestion is a byproduct of the state’s “wide open for business” successes

3. Transportation in Texas is stretched to the limit, and the news gets worse Don’t let those orange barrels fool you In 2015, we will be out of money for new roads

4. At stake is the economic health of Texas INCREASED NEW JOBS/ EFFICIENT TRADE BUSINESSESSHIPPING

5. With congestion Without congestion Business Cost of Congestion Distance traveled to connect with customers in 30 minutes Missed opportunity

6. With congestion Without congestion Business Cost of Congestion Commuting distance for employees in 1 hour Missed opportunity

7. What do we Know? Transportation funding has not kept pace with demand

8. How do we pay for our roads? 2014 Revenue Debt financing has now surpassed revenue from the state gas tax

9. National Comparison How Texas ranks Fuel Taxes Vehicle Registration Fees Cost of Vehicle Ownership 29 th 19 th 44 th high low high low high low

10. What’s the problem? $2.1 billion in truck freight moving costs Congestion in Texas each year 472 million extra hours of travel time $10.1 billion in delay and wasted fuel costs

11. How did we get in this hole? It’s all about supply and demand 125% 172% 19 % 238% populationvehicleshighway usehighway space

12. How did we get in this hole? Financing for our roads is stuck back in the last century $1.10 $3.08 Gallon of gasoline Fuel Tax Portion $0.38 1991 2014

13. How did we get in this hole? Financing for our roads is stuck back in the last century $1.12 $3.41 Gallon of Diesel Fuel Tax Portion $0.44 1994 2014

14. Since 1991, the cost of everyday goods has about doubled How did we get in this hole? So has the cost of building roads

15. Purchasing Power of the Motor Fuels Tax Tax Rate Adjusted by Inflation in Roadway Construction Costs

16. The Downside of Fuel Efficiency

17. What do we Know? Mobility will get worse –How much worse? – Depends on how much effort to address the problem

18. What do we Know? The Cost of Doing Nothing is High!

19. –Capital expansion doesn’t happen overnight –Maintaining current assets is imperative Just as in your Business Texas

20. $270 Billion investment to keep congestion in Texas from getting worse $1 Trillion economic cost if we spend at current levels Over the Next 25 Years Why it Matters…

21. Comprehensive Development Agreements? Vehicle Mile Traveled Fee? Local Transportation Taxes? Drive Less? Move Somewhere Else? What’s Next? Increase the Fuel Tax? Index the Fuel Tax? Increase the Registration Fee? Toll Roads? Public/Private Partnerships?

22. Is “doing nothing” really an option?

23. BE BETTER INFORMED | BE MORE INVOLVED | VOICE YOUR CONCERNS If you want a change http://mobility.tamu.edu/mip/rpm.php