Impacts of the COVID-19 Economic Shutdown on Local and State - PowerPoint PPT Presentation

Impacts of the COVID-19 Economic Shutdown on Local and State Transportation Revenues in the Atlanta Region Transportation and Air Quality Committee August 13, 2020

Local Government SPLOST / TSPLOST Collections Amount collected by local governments in the 20 county MPO from SPLOSTs and TSPLOSTs in 2019 $965 Million Percent of collections dedicated to transportation (approximate) 50% Regional change in collections (compared to 2019) - 8.5% Pandemic Period (March to Present) - 3.6% Year to Date (January to Present) + 5.2% Most Recent Month (June)

Change in SPLOST / TSPLOST Collections for Urban Jurisdictions (2020 vs. 2019) City of Atlanta Clayton County Cobb County DeKalb County Fulton County Gwinnett County J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J +7.8% +3.7% +0.9% -0.1% -1.1% -16.7% -17.4% 17.4% -8.8% -5.6% -8.2% -8.0% -3.2% YTD YTD

Change in SPLOST / TSPLOST Collections for Suburban Jurisdictions (2020 vs. 2019) Barrow Carroll Cherokee Coweta Dawson Douglas Fayette Forsyth Henry Newton Paulding Pike Rockdale Spalding Walton J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J J F M A M J +21.1% +23.0% +22.4% +19.5% +19.1% +18.7% +17.0% +14.0% +12.2% +10.8% +10.1% +9.8% +8.6% +5.8% +2.2% YTD YTD -2.2% -5.3% 8.8% 1.2% 4.5% 8.0% -5.0% 3.4% 4.4% 2.9% 7.6% 12.1% 4.1% 7.6% 4.3%

State Transportation Collections Amount collected in 2019 from motor fuel taxes, highway impact fees and lodging fees $2.03 Billion Percent of all collections from motor fuel taxes 90.5% Regional change in collections (all sources; compared to 2019) + 1.9% Year to Date (all sources)* - 3.9% Most Recent Month (July) * The economic shutdown’s impact on motor fuel tax collections during April, when the statewide shelter in place order was in p lace, was skewed due to large one-time settlements received as a result of routine Georgia Department of Revenue audit activities. Even though total vehicle miles of travel (VMT) for the month was only about 50% to 60% of normal pre-pandemic levels, motor fuel tax collections were 51% higher than April 2019.

Estimated Daily Vehicle Miles Traveled in the Atlanta Region* * A seven- day rolling average was used for each day’s estimate to reduce the variability between weekdays and weekends. Data reflects the 20 county MPO area.

Estimated Daily Vehicle Miles Traveled in the Atlanta Region* February Business as usual * A seven- day rolling average was used for each day’s estimate to reduce the variability between weekdays and weekends. Data reflects the 20 county MPO area.

Estimated Daily Vehicle Miles Traveled in the Atlanta Region* Early March Stockpiling? * A seven- day rolling average was used for each day’s estimate to reduce the variability between weekdays and weekends. Data reflects the 20 county MPO area.

Estimated Daily Vehicle Miles Traveled in the Atlanta Region* Mid to Late March Mass shutdowns * A seven- day rolling average was used for each day’s estimate to reduce the variability between weekdays and weekends. Data reflects the 20 county MPO area.

Estimated Daily Vehicle Miles Traveled in the Atlanta Region* April Sheltering in place * A seven- day rolling average was used for each day’s estimate to reduce the variability between weekdays and weekends. Data reflects the 20 county MPO area.

Estimated Daily Vehicle Miles Traveled in the Atlanta Region* May to Mid June Economy reopening * A seven- day rolling average was used for each day’s estimate to reduce the variability between weekdays and weekends. Data reflects the 20 county MPO area.

Estimated Daily Vehicle Miles Traveled in the Atlanta Region* Mid June to Present Back to “new” normal? * A seven- day rolling average was used for each day’s estimate to reduce the variability between weekdays and weekends. Data reflects the 20 county MPO area.

US Rail Intermodal Units* * Data reflect six-week moving average originations and do not include the US operations of Canadian and Mexican railroad companies.

Impacts of the COVID-19 Economic Shutdown on Local and State Transportation Revenues in the Atlanta Region Transportation and Air Quality Committee August 13, 2020