Economic Impact Outline

1	Legislative Information Sessions Kansas Department of Transportation January 2004
2	KDOT Information Sessions Transportation Spending Spurs Economic Growth & Recovery State Highways: Kansas’ Economic Lifeline Building More Than Roads Comprehensive Transportation Program
3	CTP Helps Pave the Way to Economic Growth & Recovery
4	Positive Impact of Transportation Spending Long-term: Travel time savings Accident reduction Wear and tear on vehicles Synergy
5	1999 Comprehensive Transportation Program (CTP)
6	1989 Comprehensive Highway Program (CHP)
7	National Attention
8	National Attention Number 2 “As the nation slid into recession during the second half of 1990, highway money began to course through the Kansas economy … As highway money worked its way through Kansas’ economic bloodstream, personal income climbed at 2.4 percent, more than twice the national average (in 1991).” -U.S. News & World Report, October 12, 1992
9	Transportation Projects & Economic Stimulus
10	Jim Keller & Leonard Wolfe Interviews
11	Map of Kansas - Location of Marysville
12	Marysville Rail Project KDOT, Union Pacific & Army Corps of Engineers $76 million project Overpasses, flood control, railroad relocation
13	Jim Keller Interview
14	Immediate Economic Stimulus Examples of employee needs: Food Lodging Gasoline Examples of construction needs: Aggregate Cement Kramer Oil: $600K increase in sales
15	Don Kramer Interview
16	Map of Kansas - Location of Marysville
17	Map of Kansas - Location of Olathe
18	Olathe Mayor Michael Copeland Interview
19	Olathe Rail Projects Concept: 8000 feet of elevated track Grade separates four streets Santa Fe30,000vehicles per day Ridgeview15,000vehicles per day Park5,300vehicles per day Loula3,850vehicles per day
20	Olathe Mayor Michael Copeland Interview
21	Olathe Rail Projects Partners: KDOT $16.9 million Olathe $6.0million BNSF $1.1 million Scheduled for January 2005 letting
22	Olathe Mayor Michael Copeland Interview
23	Map of Kansas - Location of Olathe
24	Map of Kansas - Location of Olathe to Norton
25	Map of Kansas - Norton and the Surrounding Highway System
26	Norman Nelson Interview
27	Norton County Projects Roadway rehabilitation and reconstruction Adding or improving shoulders Rebuilding bridges $73.8 million projects Funding: 80% Federal 20% State
28	Map of Kansas - US 50
29	US-50 Projects Roadway rehabilitation Paved shoulders Bridge work Intersection improvements $30 million project Funding: 80% Federal 20% State
30	Southwest Business Boom CompaniesEmployees Tyson 3000 Excel 2850 National Beef 1800 WalMart 400 Inland Paperboard 100
31	Dr. David Burress, Tom Wright, and Lakin Mayor Ralph Goodnight Interviews
32	Impact of Transportation Spending
33	Transportation Spending Impact KSU Research Dr. Michael Babcock Examined short-term economic stimulus generated by 1989 CHP KU Research Dr. David Burress Long-term benefits of the 1989 CHP
34	Dr. Michael Babcock Interview
35	Economic Benefits of Transportation Program Every $1.00 spent returned $2.60 to state economy An increase of nearly 118,000 private sector jobs statewide $1.4 billion increase in statewide income Source:Babcock, Michael W., et al.Economic Impacts of the Kansas Comprehensive Highway Program.Kansas State University, 1997.
36	Dr. Michael Babcock Interview
37	Cumulative Economic Benefits KU researcher examined overall impact of the Comprehensive Highway Program His economic impact analysis figured in immediate & long-term factors including income, production, travel time & accident savings due to roadway improvements Concluded there was a 3 to 1 benefit for the state economy in the money spent on the CTP Source:Burress, David, et al. Benefits and Costs ofthe Kansas Comprehensive Highway Program.University of Kansas, 1999.
38	Cumulative Economic Benefits “The KCHP has been at least three times as valuable to taxpayers as returning their tax dollars would be.We believe the same would be true of a new highway program…” Source:Burress, David, et al. Benefits and Costs ofthe Kansas Comprehensive Highway Program.University of Kansas, 1999.
39	Impact of Transportation Spending Improves safety of State Highway System Yields 3 to 1 return on investment Provides good jobs & economic development opportunities Protects & preserves investment