If you think local highways are congested now just wait
Texas Insider Report: AUSTIN Texas By this time next year the state of Texas will have
exhausted its funds for new roads with only enough to maintain the highways we already have and well soon run short of money to do even that. Texas is facing a transportation crisis and the
challenge is compounded by a couple of things.
Major funding sources for highway development the gas tax & vehicle registration fees can no longer keep pace with our transportation needs.
- First is growth. Some 1200 people are moving to Texas every day.
- Second is aging infrastructure. Our roads are not only used by more people; they are also used more frequently.
This has led to deterioration at an alarming rate. The Texas Society of Civil Engineers confirmed this trend in its most recent report card giving Texas infrastructure an unacceptable and unsustainable grade of C-.
And if you think local highways are congested now just wait. The American Society of Civil Engineers predicts the amount of time
we currently spend stuck in traffic will triple by 2020 without adequate investment in infrastructure.
In the past highway funding has been covered primarily by the gas tax. However this tax doesnt go as far as it once did even if it werent diverted to other priorities which has been the case for years in Texas.
The Wall Street Journal recently reported that the gas tax buys only about half of the construction materials it did 20 years ago.
As these trends continue public funding for infrastructure building and maintenance will become more problematic. To keep pace with population growth and upgrade existing highways Texas must explore creative ways of funding its roads.
In recent years the Legislature has authorized the Texas Department of Transportation to partner with the private sector to meet the states most pressing infrastructure needs. Thanks to those public-private agreements Texas has become a model state for infrastructure finance and other states are considering similar methods.
In contrast to the status quo public-private partnerships offer the opportunity to create real innovative and sustainable transportation infrastructure solutions without raising taxes.
Currently there are several privately-funded transportation projects in Texas that are on track to unclog some of the most heavily congested stretches of roadway in the state while employing more than 400 Texas firms during construction.
These partnerships are part of the solution to getting us where we need to be further down the road toward effective solutions to
todays transportation challenges. They can also jump start economic growth not only by creating jobs but also by delivering faster more efficient transportation systems to better connect Texans and build our communities.
The state of Texas is also considering turning to public-private partnerships to handle routine repair and maintenance work on various roadways. These are projects the state of Texas sorely needs and could not afford through tax revenues alone.
But more can and must be done.
Public-private partnerships can be used in other areas of the state to address bottlenecks aging highways and prepare for future growth. When the Legislature begins its regular session in January we will urge lawmakers to continue to unleash the power of the private sector and put it to work for Texans.
At the same time we will call on legislators to pass a modest increase of $50 in the vehicle registration fee. While no one likes new fees the cost of doing nothing is far higher.
A recent report from a national transportation research organization TRIP found that traffic congestion damage to trucks and cars from bad roads and accidents resulting from poor roadway safety features cost $2000 a year for every Texas motorist.
In short addressing funding highway needs must be a legislative priority because the road does not go on forever and Texas infrastructure needs cannot wait.
Bill Hammond is President & CEO of the Texas Association of Business. Founded in 1922 the Texas Association of Business is a broad-based bipartisan organization representing more than 3000 small and large Texas employers and 200 local chambers of commerce.
