STATE AND FEDERAL PASSENGER AND FREIGHT SURVEY NCRRP 07-03 Libby Ogard Jeannie Beckett.
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Transcript of STATE AND FEDERAL PASSENGER AND FREIGHT SURVEY NCRRP 07-03 Libby Ogard Jeannie Beckett.
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STATE AND FEDERAL PASSENGER AND FREIGHT SURVEY
NCRRP 07-03
Libby OgardJeannie Beckett
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Survey 500 emails to AASHTO, TRB, passenger and
freight stakeholders 1500 member distribution list from American
Short Line and Regional Railroad Association Selected Class 1 and regional/short line
railroads Investment community supplemental interviews
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Percent Responses by Type
Federal 7%
State, 45%Transit 8%
Freight Rail 13%
Finance Firm, 3%
Railroad Supplier , 3%
University or Associa-tion, 8%
Federal StateTransit Agency or Rail Authority Freight Rail Finance Firm Railroad Supplier University or Association
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State ResponseSome States have no programs.
Amounts range between$2-$40 million
More states are moving toward multimodal funding
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State Response
Grants are often preferred, easier to award then loans.
Few Dedicated Funding Programs limit grant program expansion.
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Ranking of Rail Fund Objectives
State
Agency
Perspective
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Program Objectives in Order of Importance
No difference between Group and State response
Economic Development is a Common Theme
Rail investment not seen as mode conversion tool
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State Investments
State investment is dependent upon funding and business objectives.
Limited funding for passenger rail.
Often Legislative barriers.
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Are there Institutional Restrictions for State Rail Programs?
“Can’t own rolling stock or operate railroads”
“State owns railroad but there are restrictions on what rail can do”
“Can’t lend money to private business”
“State can not own rail” “Gas tax revenues are restricted”
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State’s Self Assessment of Success
“More funding needed for safety, surface and infrastructure”
“State expectations are low”
“Need funding for projects existing programs can’t meet”
“Need to establish measurements to understand progress”
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Existing Program Improvements Needed
“More funding needed for Industrial Rail Service” “Rail completes with five other modes for state funding” “Grade crossing protection funding inadequate” “Funding needed for PTC mandate – especially short lines” “Without sufficient funding can’t support forgivable loan
program” “Performance measures needed” “RRIF credit risk premium is a hurdle many can’t overcome” “Need Federal formula funds for rail infrastructure”
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Essential Elements of Innovative Projects
Maximum multimodal flexibility
Public-Private partnerships and better vision for the future
Responsive Stakeholder and political
support Something the Railroads
will use
Simple, streamlined, with efficient oversight
Quick access to funds A value proposition that
will incent private investment
Design Build Opportunities Something that does not
require State Transportation Funding
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Website A data base if over 200 State Programs Searchable by program types Publicly Available Demonstrations available at TRB Annual
Meeting 2015
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Feedback?
Examples? Attributes? Recommendation
s?
Program Eligibility?
Funding objectives?
Measurements?
Innovation Program Funding
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Questions?