The Washington Post today published excerpts from a speech by former Governor Gerry Baliles on transportation. You can find it here. But below are two of his proposals that haven’t received much coverage.
Regional transportation districts — I believe transportation in Virginia should be a statewide responsibility, and for the most part that has been the case for about 75 years. We have the third-largest network of highways in the country, and that network of 69,000 miles connects communities all across the commonwealth. It has been a compelling part of our prosperity.
Already in recent years, we have seen some localities, unable to wait any longer for transportation improvements, begin to finance projects out of local revenue and bond issues.
I don’t like the idea of “balkanizing” the state’s transportation system, either in construction or financing. In the absence of the state’s assuming responsibility for funding its transportation needs, however, you can expect legislative proposals that would encourage regions of the state to create regional transportation districts. (Two such districts already exist in Northern Virginia.)
In addition to powers for transportation planning and implementation, regional transportation districts would possess the power, if authorized by the General Assembly, to impose a regional gas tax that would be collected and spent solely on transportation projects within the region. Already, there is discussion in the Richmond and Hampton Roads regions about the creation of such regional transportation authorities. In the absence of a statewide commitment to transportation funding, I support the creation of regional transportation districts. Something has to be done.
…Tap increases in land value — When the commonwealth proposes to build a new road, it compensates landowners for the property taken for the road and accompanying rights of way. In most cases, the construction and completion of the new artery, particularly in urban and suburban areas, increases the value of adjacent properties over time, and sometimes overnight. When those properties are subsequently sold or developed, landowners reap the benefit of the public transportation investment; in other words, they get paid twice.
Perhaps the time has come for the commonwealth to consider some means by which those increased values above a certain percentage are captured and placed into a state and/or local transportation trust fund, the proceeds of which can be used to finance other, future transportation projects.
And in another excerpt, Baliles states what everyone should remember when it comes to roads.
And with the amounts needed (over $20 billion just to address No. Va. and I-81 problems), playing around the edges with proposals to increase fines for traffic violations will not address the long-term problem.