CHESAPEAKE TRANSPORTATION SYSTEM Proposed Adjustment of Dominion - PowerPoint PPT Presentation

CHESAPEAKE TRANSPORTATION SYSTEM Proposed Adjustment of Dominion Blvd Toll Rate Schedule and Proposed Adjustment of Motorcycle Toll Rate for the Chesapeake Expressway June 28, 2016

Why is the Dominion Blvd Toll Schedule Modification Needed? • Dominion Blvd toll collections will be all electronic – no toll booths • Original 2012 Toll Schedule assumed an axle-based toll system and was adopted prior to system design • Final system design based on newer technology – classification based rather than axle based • Classification based toll system will provide enhanced functionality, reliability and accuracy • Tolls assessed based on the size of the vehicle • Utilizes a combination of lasers and cameras to determine vehicle size 2

Dominion Blvd Toll System Schematic 3

Traffic and Revenue Analysis • City Traffic & Revenue consultant evaluated impact of proposed toll rate schedule • Modified travel demand forecasting model to explicitly represent toll classes • Split trips to reflect share of vehicles observed in 2011 (prior to construction) • Assigned suitable toll paying behavior to each toll class • Proposed Toll Schedule modification is Revenue Neutral; that is, the change will not cost consumers more nor will it increase or decrease toll revenue 4

Dominion Blvd Toll Rates: Existing Schedule • In 2012, axle-based Dominion Boulevard toll rates were adopted E-ZPass Rate Non E-ZPass Rate Each Additional Each Additional Two Axles Axle Two Axles Axle Fiscal Year 2017 $1.00 $0.50 $3.00 $0.50 2018 $1.05 $0.53 $3.05 $0.53 $1.10 $0.55 $3.10 $0.55 2019 2020 $1.16 $0.58 $3.16 $0.58 2021 $1.22 $0.61 $3.22 $0.61 $1.28 $0.64 $3.28 $0.64 2022 2023 $1.34 $0.67 $3.34 $0.67 2024 $1.41 $0.70 $3.41 $0.70 $1.48 $0.74 $3.48 $0.74 2025 2026 $1.55 $0.78 $3.55 $0.78 2027 $1.63 $0.81 $3.63 $0.81 2028 $1.71 $0.86 $3.71 $0.86 $1.80 $0.90 $3.80 $0.90 2029 2030 $1.89 $0.94 $3.89 $0.94 2031 $1.98 $0.99 $3.98 $0.99 $2.08 $1.04 $4.08 $1.04 2032 2033 $2.18 $1.09 $4.18 $1.09 2034 $2.29 $1.15 $4.29 $1.15 $2.41 $1.20 $4.41 $1.20 2035 (1) Non-E-ZPass Tolls shall be collected via Video/License Plate recognition – no cash tolls will be collected (2) Motorcycles shall be charged the 2-axle toll rates (3) Adopted July 10, 2012 5

Dominion Blvd Toll Rate Adjustment – Vehicles identified by size classification rather than number of axles – Percentage of each classification shown as proportion of overall traffic Class I (95.2% of total trips) Class II (1.2% of total trips) Class III (3.6% of total trips) 6

Dominion Blvd Toll Rates: Recommended Toll Schedule E-ZPass Toll Rates by Vehicle Class Non E-ZPass Toll Rates by Vehicle Class Class 1 Fiscal Year Class 2 Class 3 Class 1 Class 2 Class 3 2017 $1.00 $1.50 $2.50 $3.00 $3.50 $4.50 2018 $1.05 $1.58 $2.63 $3.05 $3.58 $4.63 2019 $1.10 $1.65 $2.75 $3.10 $3.65 $4.75 2020 $1.16 $1.74 $2.90 $3.16 $3.74 $4.90 2021 $1.22 $1.83 $3.05 $3.22 $3.83 $5.05 2022 $1.28 $1.92 $3.20 $3.28 $3.92 $5.20 2023 $1.34 $2.01 $3.35 $3.34 $4.01 $5.35 2024 $1.41 $2.12 $3.53 $3.41 $4.12 $5.53 2025 $1.48 $2.22 $3.70 $3.48 $4.22 $5.70 2026 $1.55 $2.33 $3.88 $3.55 $4.33 $5.88 2027 $1.63 $2.45 $4.08 $3.63 $4.45 $6.08 2028 $1.71 $2.57 $4.28 $3.71 $4.57 $6.28 2029 $1.80 $2.70 $4.50 $3.80 $4.70 $6.50 2030 $1.89 $2.84 $4.73 $3.89 $4.84 $6.73 2031 $1.98 $2.97 $4.95 $3.98 $4.97 $6.95 2032 $2.08 $3.12 $5.20 $4.08 $5.12 $7.20 2033 $2.18 $3.27 $5.45 $4.18 $5.27 $7.45 2034 $2.29 $3.44 $5.73 $4.29 $5.44 $7.73 2035 $2.41 $3.62 $6.03 $4.41 $5.62 $8.03 7

Chesapeake Expressway – Motorcycle Toll Rate Adjustment • The adopted toll rate schedule for the Chesapeake Expressway calls for motorcycles to be tolled at 1/3 the rate of 2-axle vehicles during peak travel season • 2-Axle Peak Season Rates are $8 which results in a Motorcycle Toll Rate of $2.67 – Creates the need for increased change during all motorcycle transactions – Creates additional delays for motorists due to additional time for Toll Collection staff to count toll monies received and make correct change – Many motorcyclists don’t want change, but toll collection staff is not allowed to ‘keep’ change as per policy – Reduction in motorcycle toll rate will have minimal impact on overall toll revenue • Recommend the Current Motorcycle Toll Rate be reduced to $2.00 8

Chesapeake Expressway – Revised Motorcycle Toll Schedule The Proposed Motorcycle Toll Schedule is shown below: Proposed Motorcycle Toll Rates Approved Two-Axle Toll Rates (No Changes Recommended) Date Range Peak Off-Peak Peak Off-Peak Present – 4/30/21 $2.00 $1.00 $8.00 $3.00 5/1/21 – 4/30/26 $3.00 $1.00 $9.00 $4.00 5/1/26 – 4/30/31 $3.00 $1.00 $10.00 $4.00 5/1/31 – 4/30/36 $4.00 $2.00 $11.00 $5.00 9

Next Steps • TTFAC public hearing – June 30 • TTFAC report to City Council – mid-July • City Council action on proposed toll rate schedule adjustments – July 26 • Traffic & revenue re-evaluation as required by indenture of trust – Fall 2016 • TTFAC annual review of traffic and revenue – Fall 2016 10