I-66 Multimodal Study Final Report - Virginia Department of ...

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Potential Funding ApproachesTable 5.5National Experience with Revenue Options for I-66 MultimodalStudy RecommendationsRevenue aUser Fees (Statewide)Motor Fuel Tax – IncreaseExcise RateYieldPredictability/ReliabilityStabilitySynergyGrowth-DemandFlexibilityMedium Medium/Low Medium Medium MediumMotor Fuel Tax – Indexing High Medium Medium Medium MediumMotor Fuel Tax – Sales Tax High Medium Medium Medium MediumSales Tax on Motor Vehicles High Medium Medium Medium MediumMotor Vehicle Registration Fee Medium Medium High Medium LowTolling and Pricing Low Medium Medium High MediumVehicle Rental Taxes Low Medium Medium Medium MediumGeneral TaxesState Sales and Use Taxes High High Medium Low HighGeneral Fund Allocations Low Low Low Low HighSpecialized Taxes (e.g., Local Option) and Other FeesLocal Option Motor Fuel Taxes Low Medium/Low Medium Medium MediumVehicle Taxes and Fees Low Medium High Medium LowDeed Recordation Tax Low Low Medium Low MediumLocal Sales Tax High High Medium Low HighHotel Taxes Low/Medium Medium Medium Low MediumSin Taxes Low Low Low Low HighPayroll and Income Taxes Medium High Medium Low HighParking Fees Low Medium Medium Medium MediumValue Capture Low Medium Medium Medium Mediuma See Appendix E for definition of potential revenue options.5-10 I-66 Multimodal Study
Potential Funding ApproachesTable 5.6Rating Definitions for Revenue Evaluation CriteriaCriterion Low Medium HighYieldRevenue streams are low and may notprovide sufficient funding to support aproject or program, or can only beimplemented over the short term.Revenue streams are close to orcomparable to existing revenue options.Levies may partially support a projector program, and could be leveragedthrough finance.Revenue streams are higher thanexisting revenue options. Levies cansupport a project and program over thelong term.Predictability/ReliabilityRevenue fluctuations are uncertain andhighly volatile, making it difficult topredict future revenue streams.Revenue fluctuations are relativelypredictable.Revenue streams are highly predictable,with a long history of receipts for whichtrends can be easily identified.StabilityFluctuations in revenues are highlyvariable year to year, and specificfactors affecting stability cannot beidentified.Fluctuations in revenues are generallyconsistent over time, and the factorsaffecting stability are generally known,such as economic downturns.Fluctuations in revenues are low ornonexistent.Synergy between Growthand Demand (EconomicEfficiency)The revenue source and the use of thesystem are unrelated, thus it does notprovide clear pricing signals, leading toinefficient use of the system.The revenue source and the use of thesystem are indirectly related(e.g., motor fuel taxes), yet pricingsignals are not clear and users are notencouraged to make efficient use of thesystem.There is a strong relationship betweenthe revenue source and the use of thesystem, sending clear pricing signals,and encouraging the efficient use of thesystem. The revenue option reflects thetrue cost of using the system.FlexibilityUse of revenues limited to a specificmode.Use of revenues to support multimodalinvestments subject to public/politicalacceptance or through legislativemandate.Revenues can support multimodalinvestments.I-66 Multimodal Study 5-11
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Table of ContentsTable of Contents(
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List of TablesList of Tables(contin
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List of TablesThis page intentional
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List of FiguresList of Figures(cont
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List of FiguresList of Figures(cont
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AcknowledgementsThis page intention
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Executive Summarymobility options a
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Executive SummaryTable ES.1 Mobilit
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Executive SummaryRecommendations fo
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Executive SummaryThis page intentio
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Introduction(HOV) policies, high-oc
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Introduction1.3 Overview of Work Pr
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IntroductionStudy WebpageThe I-66 M
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IntroductionThis page intentionally
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Mobility OptionsFigure 2.1Issues an
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Mobility OptionsKeeps mobility opti
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Mobility Optionsanticipated to have
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Mobility OptionsTable 2.2 Mobility
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Mobility OptionsFigure 2.2Abbreviat
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Mobility OptionsFigure 2.3Cutline L
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Mobility OptionsFigure 2.4Peak-Hour
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Mobility OptionsTotal VMT in the st
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Mobility OptionsThere is some shift
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Mobility OptionsThe percentage of t
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Mobility OptionsMode share shows no
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Mobility OptionsFigure 2.15 Morning
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Mobility OptionsKey FindingsThis op
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Mobility OptionsFigure 2.17 Interli
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Mobility Options2. Orange Line Bypa
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Mobility OptionsAs travelers make u
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Mobility OptionsTable 2.3 Mobility
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Mobility OptionsThis page intention
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Multimodal PackagesReducing the pro
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Multimodal PackagesTable 3.2 Recomm
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Multimodal PackagesFigure 3.1Travel
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Multimodal PackagesTransit Accessib
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Multimodal PackagesTransportation R
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Multimodal PackagesTable 3.4 CLRP a
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Multimodal PackagesMeasures of Effe
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Multimodal PackagesLevel of Service
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Multimodal PackagesFigure 3.6 CLRP+
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Multimodal PackagesFigure 3.8 CLRP+
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Multimodal Packages3.4 Package 1 -
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Multimodal PackagesFigure 3.12 Pack
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Multimodal PackagesTable 3.5 Packag
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Multimodal PackagesThe tolls would
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Multimodal PackagesCost EstimatesPa
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Multimodal PackagesThis package sho
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Multimodal PackagesLevel of Service
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Multimodal Packagesminute limit was
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Multimodal PackagesTable 3.12Packag
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Multimodal PackagesMultimodal Trave
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Multimodal Packagesemerging focus a
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Multimodal PackagesDynamic Merge (J
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Multimodal PackagesImproved network
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Multimodal PackagesMarketing and Ou
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Multimodal Packagesround trip usage
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Multimodal PackagesTable 3.16 Annua
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Multimodal PackagesTable 3.19 TDM 2
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Multimodal PackagesTable 3.20 Map K
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Multimodal PackagesTable 3.20 Map K
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Multimodal PackagesFigure 3.43 Bicy
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Multimodal PackagesFigure 3.44 2040
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Multimodal PackagesPrioritization o
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Page 192 and 193: Recommendationsand TDM. ICM brings
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I-66 Multimodal Study Final Report - Virginia Department of ...

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