Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from...
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Transcript of Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from...
![Page 1: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/1.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Recommendations from theMinnesota Transportation Finance Advisory Committee
www.mndot.gov/TFAC
KEEP MOVINGTO KEEP AHEAD
![Page 2: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/2.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
To maintain what we have and position Minnesota for
the future, we need to invest in our transportation
infrastructure.
![Page 3: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/3.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Our transportation system needs to:
- Help Minnesota businesses access labor, move products, prosper and stay in Minnesota
- Help Minnesota compete for jobs, talent and economic growth with other states and regions that are investing in their transportation systems
- Be designed to handle Minnesota’s growing and changing population
- Be modern and better than ever before
![Page 4: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/4.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Over 70 leaders agree
![Page 5: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/5.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Our transportation system is a vital part of keeping Minnesotans connected.
![Page 6: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/6.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Keeping Minnesotans connected
Easing commutes and giving businesses access to over 500,000 more employees
Our transportation system connects us to:
![Page 7: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/7.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Investment and growthHow much do we drive?
![Page 8: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/8.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Our transportation system needs
to accommodate our growth and changing population.
![Page 9: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/9.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Accommodate growthThe amount of goods we’re moving is growing by 2030
![Page 10: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/10.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Greater demands on our commutes
![Page 11: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/11.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Our transportation system is aging and needs updating.
![Page 12: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/12.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Our system is agingSeasonal changes, a short construction season and inadequate funding all contribute to the condition of our interstate highway pavements, placing Minnesota 44th in the nation.
![Page 13: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/13.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Our system is agingMinnesota has over:
![Page 14: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/14.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
50% of MnDOT’s pavements are over 50 years old
40% of MnDOT’s bridges are over 40 years old
![Page 15: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/15.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Investing nowThe buying power of projected revenue is expected to decrease over the next 20 years.
![Page 16: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/16.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Projected growth*An expanded transit brings enhanced mobility to the region, which has benefits for both highway and transit users.
* Itasca Project | Regional Transit System | ROI Assessment
![Page 17: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/17.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Investment and economic growth go hand in hand.
![Page 18: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/18.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Investment and growthWe need a robust, efficient transit system to compete with other regions for jobs, talent and economic development.
![Page 19: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/19.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Investment and growthOther regions know transit matters and are investing more.
![Page 20: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/20.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Investment and growthTransportation investment would benefit all Minnesotans.
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Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Investment & economic growth
![Page 22: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/22.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Funding would come from 4 areas:
System-wide revenue options for roads
Local government revenue options
Transit related dedicated sales tax
Create innovative revenue options
![Page 23: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/23.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Keep moving to keep ahead
• Minnesota’s transportation needs have to meet the needs of a growing population.
• To compete economically, both regionally and nationally, an investment must be made or we will fall behind.
• Our economic viability, as well as the quality of life for all Minnesotans depends on a sound transportation system.
![Page 24: Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS Recommendations from the Minnesota Transportation Finance Advisory Committee.](https://reader035.fdocuments.in/reader035/viewer/2022062511/551c2fb4550346a84f8b62c8/html5/thumbnails/24.jpg)
Keep Moving to Keep Ahead / INVESTING IN TRANSPORTATION FOR THE NEXT 20 YEARS
Minnesota Transportation Finance Advisory Committee
www.mndot.gov/TFAC