ARTBA Northeastern Regional Meetingartbaregionalmeetings.org/wp-content/uploads/2019/10/06-Mark-Co… · ARTBA Northeastern Regional Meeting Mark Compton, CEO PA Turnpike Commission

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ARTBA Northeastern Regional MeetingMark Compton, CEO

PA Turnpike CommissionOct. 24, 2019

By the Numbers (Today)• System Length: 552 Miles

• Annual Toll Rev. (FY 19): $1.2 Billion

• Annual Traffic (FY 19): 201.2 Million

• Full-Time Employees: 1,910 (1,440 Union/470 Management)

PA Turnpike 101: The Basics

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The 160-mile PA Turnpike connecting Irwin to Carlisle PA opened Oct. 1, 1940

PA Turnpike 101: Facilities

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Fare-Collection Facilities: 68 Maintenance Facilities: 27 Service Plazas: 17 Administrative Offices: 3

AET Conversion Timeline, 2012-2022

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National AET Perspective

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Act 44 Timeline

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July2007

November2013

July2022

Criteria For Financial Stability ACT 44 PLAN

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Bond Ratings: Moody’s (A1), Standard & Poor’s (A+), Fitch Ratings (A+)

Act 44=$6.6 billionCapital =

$5.4 billion

Commonwealth vs PTC Debt

PA’s Regional Advisory Councils

www.pamobilitypartnerships.com

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Guiding Principles • Transportation is not a cost—it is an investment that supports jobs,

economic growth, and quality of life.

• Companies and employees view mass transit as a key differentiator in choosing where to locate their business or where to work.

• Competing states are making higher levels of investment in mass transit.

• Turnpike toll rate increases necessitated by Act 44 adversely affect our economic competitiveness.

• New additional recurring revenue is needed to support the projects that will make a difference.

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Comparing How We Invest

Other U.S. Regions are Investing 70% MORE IN TRANSIT

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Statewide Revenue Generation Options

Regional Funding & Financing Options

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Hyperloop Study

The study is under way for hyperloop connecting Pittsburgh to Harrisburg to Philadelphia with a possible second route following the Northeast Extension

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Harrisburg Connected Corridor

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Design/Build Fiber-Optic Network

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Contract #1(Eastern Project)

Black & Veatch Constr.$44.7 Million

Contract #2(Western Project)Released, Sept. 4Opening, Oct. 30

Work Zone Speed Cameras

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Total Reconstruction: 140 Miles Done

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=Under Way

Under Construction - 11 milesIn Design – 82 miles

Completed - 140 miles

Remaining - 237 miles

CEO Intern Fellows Program

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A SUSTAINABLE TURNPIKEMaintenance: Regenerative Step Pool

Storm Conveyance System

Animal Conservation Road Salt Efficiency &

Alternatives

Engineering: Plastic Roads Power Generating Guiderail

(Gen-Rail) Solar-Grid Installation

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TQI & Partnering

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Questions & Discussion

www.pamobilitypartcomMark Compton, CEO

PA Turnpike Commission