thea overview
DESCRIPTION
THEA Overview. (Excerpt for Hillsborough County). Price-Managed Lanes Comparison to Other Lane Types. Traditional Funding Challenges . Price Managed Lane. The Tolling Challenge. Traditional Funding Challenges . Price Managed Lane. Premium Bus Service. The Transit Challenge. - PowerPoint PPT PresentationTRANSCRIPT
(Excerpt for Hillsborough County)
2
Price-Managed LanesComparison to Other Lane Types
3
4
Dollars in Millions Fixed Guideway
Guideway Capital Cost $560
Toll Revenue $3,406
Guideway O&M Cost $545Net Revenue $2,861
Toll Bond Financing $268
Cost of Finance $858
Net All Costs $2,003
Unfunded Capital ($292)
Traditional Funding Challenges
The Tolling Challenge
Price Managed Lane
Premium Bus Service
Dollars in Millions New Premium Bus
Bus Capital Cost $31
Bus Revenue $58 Bus O&M Cost $559 Net Revenue ($501)
Unfunded Operating ($501)
5
The Transit Challenge
Dollars in Millions Fixed Guideway
Guideway Capital Cost
$560
Toll Revenue $3,406
Guideway O&M Cost $545Net Revenue $2,861
Toll Bond Financing $268
Cost of Finance $858
Net All Costs $2,003
Unfunded Capital ($292)
Price Managed Lane
The Tolling Challenge
Traditional Funding Challenges
6
Bus Toll Lane Concept
Transit Pays to Help Build The New Express Lanes Price Managed for Service – Keep Highway Speed Buses Have First Call On Express Lane Drivers Willing To Pay Toll Use the Express Lane Helps “Free” Lanes too Assure Trip Time and Schedule Reliability Makes Transit a Competitive Choice Provides Revenue to Grow Future Mobility
A Transit ConceptCombining Transit and Toll Finance
Elements
7
Bus Toll Lane Concept - Funding BTL 1 CONCEPT
Toll Bond $268Transit Grant $323
BTL 1 CONCEPT
8
BTL 1 Concept - Funding
Toll Bond $268Transit Grant $323
BTL 1 CONCEPT
9
BTL 1 Concept - Funding
Toll Bond $268Transit Grant $323
Bus Toll Lane 1Sources of Capital ($591 Million)
10
Bus Toll Lane 1Use of Revenue
Value = $3,463 Million 30 Year Forecast
11
($268 Million Bonds)