News blurbs: CAMPO, Ric Williamson and Mike Weaver
Naked City
Topics:
CAMPO; first TxDOT forum; "pass- through financing (AKA "pass through tolls" or "shadow tolls")
JUNE 9, 2006
Austin Chronicle
Copyright 2006
(CAMPO Forecast)
© 2006 Austin Chronicle Corp.: www.austinchronicle.com
Topics:
CAMPO; first TxDOT forum; "pass- through financing (AKA "pass through tolls" or "shadow tolls")
JUNE 9, 2006
Austin Chronicle
Copyright 2006
(CAMPO Forecast)
- Toll roads and revised revenue forecasts have shaved about $8 billion off the projected shortfall of relieving traffic congestion in Central Texas. The Capital Area Metropolitan Planning Organization's Texas Metropolitan Mobility Plan, which is being shopped around the region this week, still maintains it will cost about $27 billion to relieve Central Texas' long-term traffic woes. Subtract revised revenue and toll roads, however, and the total funding for those needs now falls only $10 billion short. That's compared to the $18 billion shortfall projected only two years ago. CAMPO also has a list of short-term unfunded projects – those that must be done by 2015 – to alleviate current traffic tie-ups. To take a look at the plan, check out CAMPO's final meeting tonight, at the San Marcos Public Library, 6-8pm. Or take a look at CAMPO's Web site, www.campotexas.org. – K.R.
- In other transportation news, Central Texas cannot circumvent toll roads by using the Texas Department of Transportation's new method of "pass-through financing," a panel told county commissioners at this week's meeting. Pass-through financing, much touted by toll road opponents in recent weeks, is a new TxDOT financing method in which the state repays local jurisdictions for fronting the cost of much-needed improvements on the state road system. Under the system, a jurisdiction, such as Travis County, would tell the state it agrees to put up the cost of the road improvement, as well as agrees to complete it quickly, and the state agrees to repay the majority of that cost to the jurisdiction over time out of gas tax revenues. Consultant Mike Weaver, who is working with Hays County, said pass-through financing is limited to those roads that are not considered "toll viable," such as major farm-to-market roads. In the case of Travis County, that won't be Highway 71 or US 290, but it could be improvements to roads such as FM 1826 to Pflugerville, FM 2244 out to Bee Caves, and FM 1626 out to Hays County. – K.R.
- The Texas Department of Transportation kicks off its first Texas Transportation Forum this week under the auspices of celebrating the 50th anniversary of the federal highway system, with high-profile speeches from Transportation Secretary Norm Mineta and Gov. Rick Perry. Obviously, a forum in Austin is nothing unusual. What has transportation insiders talking is the fact that TxDOT's forum is a clear pre-emption of the 9th Annual Transportation Summit in Irving in August, sponsored by Dallas-based Dean International. Dean International has been on the "outs" with TxDOT since it backed some anti-TTC-35 maneuvering by the City of Dallas. At the time, Texas Transportation Commission Chair Ric Williamson publicly rebuked Dean International and instructed TxDOT staff to stop attending Dean-backed functions. The Irving summit is considered the biggest event of its kind in the nation and often includes keynote speeches from notable transportation experts and key federal lawmakers. – K.R.
© 2006 Austin Chronicle Corp.:
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