Toll roads
take fastest route
July
28, 2007
Ray
Perryman, guest column / Waco
Tribune
The Texas Transportation
Institute reports that motorists in
the nation’s largest 75 metropolitan
areas spend approximately 62 hours
stuck in traffic a year — equal to
around one and a half working
weeks.
How to ease the gridlock? With no
appetite to increase the gasoline
tax, the federal government is not
likely to provide any major
infusions. That leaves toll roads
and public-private partnerships,
which a vocal minority opposes.
The 80th Legislature gave clear
indication that Texas’
transportation problems need to be
fixed sooner rather than later.
The Texas Department of
Transportation is already at work
discussing and planning some 87
projects with regional mobility
authorities and county leaders.
However, funding for most of them is
still in the future. To speed up the
process, a few of the most pressing
projects prudently are proposed as
toll projects.
Gov. Rick Perry recently signed a
compromise bill on toll roads that
was in response to foes of the
proposed Trans-Texas Corridor (TTC).
The law places a two-year
moratorium on most privately
developed toll roads in Texas.
However, it does not affect the six
construction projects currently
being coordinated by the Harris
County Toll Road Authority, and it
allows projects in the pipeline for
Dallas-Fort Worth to proceed.
The moratorium doesn’t halt the
proposed TTC, but no dirt will be
moved as a part of this enterprise
for two years. The time will be
spent for studies and expanded
preparation.
The TTC will improve efficiency,
reduce transportation time and
costs, help expand intrastate trade
and strengthen the position of Texas
as a site of corporate operations
and expansions. Delaying it will
cost the state’s economy millions of
dollars per year.
As for the system in place: In
the absence of new revenue
designated for roadway construction,
it is possible that tax resources
might have to be shifted from new
construction to maintenance to
prevent further deterioration of
highways.
From 1990 to 2000, the total
miles of U.S. highways remained
virtually unchanged, but the total
number of miles vehicles traveled
jumped more than 75 percent.
According to state transportation
officials, an additional $6.3
billion in Texas is needed just in
preventative maintenance.
For each $1 spent that way, the
state estimates that some $4 is
saved over the life of the highway.
So Texas must be flexibile. In
solving traffic congestion in Texas,
careful consideration should go to
the social, legal, environmental,
economic and political costs and
benefits. No one factor should
dominate the process, and no single
approach is the answer.
Economist Ray Perryman is CEO
of the Perryman Group. He also
serves as distinguished professor of
economic theory and method at the
International Institute for Advanced
Studies.