What You Need to Know About Transportation Funding
(Updated March 2014)
1) Virginia operates the nation’s third largest state highway network with 68,000 miles and 12,000 bridges. Only Texas and North Carolina have bigger systems.
2) Virginia's highway network is aging and in a growing state of disrepair. VDOT's latest pavement surface analysis finds that 19.7 percent of Virginia's interstate lane miles and 22.4 percent of its primary roads lane miles have poor or very poor pavement surfaces. More alarming is the fact that 35.2 percent, or 27,808, of Virginia's 79,000 lane-miles of secondary road pavements are deficient.
3) Northern Virginia has added more than 1,000,000 people in the last 25 years and more vehicles than people.
4) Demand on Northern Virginia’s network will continue to increase. In the next 25 years, Northern Virginia is projected to add 350,000 households (43%), 651,000 jobs (53%) and 918,000 people (42%).
5) A constitutional amendment protecting the Transportation Trust Fund from being diverted to the General Fund will not protect construction dollars being diverted to maintenance and thus will not solve the problem. The TTF and HMOF should be separate with no transfers allowed. This would stop the drain on the TTF and force the General Assembly to fund maintenance.
6) Public-private partnerships (PPTAs) are not enough. Private firms will only build new roads that can make a profit. Since most transportation projects are not profitable, PPTA options are limited. Most PPTAs requires some public funds. Virginia currently lacks funds to support an aggressive PPTA program. At best, PPTAs are estimated to be capable of meeting 20% of Virginia’s needs.