03-11-2015 Council Packet - Laserfiche WebLink

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FACT SHEET Investing in Roads, Bridges, and Transit 2015 Buclgettor a Better Minnesota Governor Dayton's plan would invest $6 billion over the next ten years to address the state's highway funding deficit, invest $2.356 billion in local government transportation projects, and provide $2.92 billion for transit systems across Minnesota. The Governor's proposal would create an estimated 119,000 new jobs, and build the infrastructure necessary to meet the demands of a growing population and an expanding state economy. A State of Disrepair • Aging Roads and Bridges - Right now, more than half of Minnesota's roads are more than 50 years old, and 40 percent of the state's bridges are more. than 40 years old. In just the next three years alone, one in five Minnesota roads will pass their useful life. And in the next ten years, nearly 40 percent of our roads will be past their useful life. • High Costs for Commuters and Businesses - Poor roads cost Minnesota motorists 31.2 billion every year in extra vehicle repairs, and Minnesota businesses spend an extra $232 million each year on additional freight transportation costs caused by traffic iic congestion. • Stuck in Traffic - The average Minnesota commuter wastes 34 hours stuck in traffic every year. If no additional investments are made in our transportation systems, by 2025 the average Minnesota commuter will waste an estimated 45 hours stuck in traffic. A Real Problem • A $6 Billion Problem - In 2012, Governor Dayton convened a bipartisan panel of experts, including policymakers, business and labor leaders, Cabinet officials, and city and county officials from across the state. The Transportation Finance Advisory Committee (TFAC) studied the funding needs of Minnesota's transportation systems, concluding that our state faces a $6 billion state highway transportation funding deficit over the next ten years. • No Simple Solution - Some argue that Minnesota's transportation problems can be solved by finding new efficiencies at MnDOT. We can, should, and have been finding efficiencies. Since 2011, MnDOT has found $100 million in cost savings, but efficiencies alone will not fill a 86 billion deficit. • Making Minnesota Economically Competitive - The Twin Cities Metropolitan Area is falling behind other regions when it comes to transit investments. With 800,000 new people expected in the region by 2040, the region needs more transit options to meet the demands of millennials and our aging population and to get more cars off the road. A Real Solution • A Real Investment - The Governor's transportation proposal would invest $6 billion in our state roads and bridges, 32.356 billion in Minnesota counties, cities, and townships, and $2.92 billion in our transit systems. • Better Corridors of Commerce - The Governor's proposal would provide an additional 51.6 billion for the Corridors of Commerce initiative, making targeted investments in key freight routes that are important for business expansions, job creation, and economic development. • Better' Roads and Bridges - The Governor's proposal would repair or replace 2,200 miles of roads. It would repair or replace 330 bridges statewide. Over 40 percent of the new revenues raised in the. Governor's proposal would be directed to cities, counties, and townships; giving local leaders the resources and flexibility to repair and replace local roads and bridges statewide. 5