value pricing

SR 520 Funding Gap Now Pegged At $2.38 Billion

At a meeting in Seattle last week, lawmakers heard that the funding gap for replacing the storm- and seismically-vulnerable, crowded four-lane SR 520 bridge across Lake Washington can be shaved from $2.6 billion to $2.38 billion through a sales tax deferral of $220 million. They also had a look at the current menu of gap-closers. It includes more borrowing against electronic tolling revenues, plus higher toll rates on the 520 bridge, and especially, tolling of the parallel I-90 bridge. As ever, tolling’s a flash point, but it needn’t be ugly. It can equitable, and farsighted. Metro Puget Sound needs a comprehensive regional highway corridor electronic tolling plan, typically with express “HOT” lanes aside free lanes, and higher rates at peak hours.

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Crosscut: Time To Go “All In” On Tolls

Yesterday in Crosscut, the Northwest online daily journal of politics and public policy, I published a piece titled “Time to Go ‘All In’ On Tolls.” It starts this way: The four-lane Evergreen Point Floating Bridge across Lake Washington on State Route 520 is a relic of a bygone era, congested and disaster prone. How urgent is the need for a planned six-lane replacement? The Washington State Department of Transportation has gone so far as to graphically model on YouTube how the bridge might buckle under duress, threatening lives and paralyzing the region’s highway network. And is the region stepping up to the challenge? Less than half the funding is secured. The Seattle-side configuration is still being debated. More broadly, the project begs a Read More ›

Talking Corridor Tolling With Dori Monson, On KIRO-FM 97.3

The first thing you need to know about KIRO-FM 97.3 News Talk host Dori Monson is that when he says he’s “filled full of Diet Coke, caffeine and righteous rage,” he’s not kidding. Okay, maybe he’s exaggerating a bit, showman that he is. Let’s just say he’s a high-energy guy and a strenuous advocate of fiscal accountability and limited taxes, as I was reminded yesterday in an hour-long session with Dori and some of his many listeners. We were discussing a proposal for a seamless system of tolled express lanes on the Puget Sound region’s highways and major state routes, that I outlined in a piece recently published at Crosscut, titled, “Flexible Tolling: The Key To Solving Our Congestion.” It Read More ›

A Seamless Automated Tolling System For Central Puget Sound’s Highways

Article as published at Crosscut
Population in the four counties of Central Puget Sound will have grown from the 2008 total of 3.6 million by another 1.4 million in 2040. Jobs will increase by 1.1 million, and – based on the region’s collective proclivities to date – total vehicle miles travelled (VMT) by more than 40 percent. Barring some big paradigm shift, the percentage of daily “passenger” work trips (freight vehicles not included) which occur on transit will grow from 8 percent of the current (2006) total to only 9 percent in 2040. For far more numerous non-work passenger trips, the transit market share stays at a scant 2 percent between 2006 and 2040, according to recent modeling. The vast majority of daily passenger trips occur in cars now and then. For work it’s more than four of five, for non-work, about nine of ten. (The rest are split between transit, walking and biking.) On the upside, there’s a lot more ride-sharing for non-work trips; plus, per-capita VMT will continue to stay flat; and we can shave a bit off the expected growth in total VMT by meeting (elusive) regional growth strategy targets.
These are some of the conclusions in a March 2009 background paper that’s part of the Puget Sound Regional Council’s “Transportation 2040” planning effort. Future projections may change slightly under new computer modeling in a draft environmental impact statement due out at month’s end. But you get the idea. The PSRC’s 2040 picture begs a huge question: what to do about it all. And, as we’ll see in a moment, it turns out that, away from the big transportation headlines it made last session, the state legislature has some ideas of its own.
My own take: A comprehensive approach to managing peak-hour highway capacity in Central Puget Sound should be launched by bravely establishing – and soon – a seamless regional system of variably-priced, automated and ultimately, corridor-length tolling on highways and major state routes. This must be folded into a broader plan to develop stable long-term funding for the region’s surface transportation network.

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