Big Move Implementation Economics:Revenue Tool Profiles(230 page pdf, AECOM.KPMG, prepared for Metrolinx, Apr. 2, 2013)
Also discussed here: The Big Move: A sneak peek at Metrolinx’s short list of ‘revenue tools’ for expanded transit(Tess Kalinowski , Toronto Star, Apr. 2, 2013)
And here: Toll roads work but don’t use them to subsidize public transit(National Post, Andrew Coyne, Apr. 3, 2013)
Today we review a report which assessed a wide range of possible revenue options to cover the $50 B cost of improved public transit over the next 25 years for the Greater Toronto Hamilton Area (GTAH), the largest population centre in Canada. While a downtown cordon congestion charge was not recommended because of a lack of alternative mobility modes, an innovative vehicle mileage charge (VKT) using GPS technology was suggested that could generate almost $2B/yr in the next decade, as well as highway tolls that could generate up to $1.5 B/yr and reduce the demand for road use and the resulting pollution. The report includes a useful analysis of revenue potentials from existing congestion pricing experiences in London, Stockholm, and Manchester.
Journalist and road pricing advocate, Andrew Coyne, cautions against road pricing to subsidize public transit. Road pricing can reduce congestion and the resulting more smoothly running traffic benefits both those who use the roads and those who use transit. THAT becomes the attraction to encourage drivers to use transit, not cheaper fares as passengers seek quicker commute times (and convenience and comfort) above other points. As for the drivers, without some check on road use via appropriate pricing, any speed-up of traffic would be temporary and congestion would redevelop. Further, subsidized public transit contributes to sprawl which road pricing discourages. A final selection of options will be part of a strategy to be proposed by Metrolinx, the transit authority, for government approval in June 2013 following extensive public consultation.
To see Key Quotes and Links to key reports about this post, click HERE