This event took place Wednesday, July 18, 2018 from 2:00-5:30PM EST in Spokane, WA. Invitation Only – Members of AASHTO’s Committee on Funding and Finance.
The transportation sector is being radically transformed by emerging technologies. Ride-hailing, Car-Sharing, Autonomous Vehicles, Drones and Electrification are just some of the many developments rapidly changing not only traditional travel patterns but also traditional revenue streams, project delivery methods, and financing strategies for state and local transportation agencies. What will be the impact of these disruptive innovations on how state DOTs meet mobility needs for both goods and people? How will these changes affect legacy funding sources such as fuel-based excise taxes and conventional fees, fines and charges? Will some types of infrastructure become “stranded assets” submerged in this new wave of technology? And what types of investment will be required to retrofit existing facilities and invest in new projects to accommodate these unprecedented changes?
This session started with an overview of the forthcoming National Governors Association Report Governors Staying Ahead of the Transportation Innovation Curve: A Policy Roadmap for States, presented by its author, Garrett Eucalitto. Following the presentation, participants were invited to engage in an interactive discussion moderated by AASHTO Funding and Finance Committee chair Pete Rahn, sharing how they perceive these developments affecting their States.
The final portion of the program considered what types of further professional education AASHTO could offer through its BATIC Institute (Build America Transportation Investment Center) to equip State DOT officials to better meet these challenges. Following a brief summary of takeaways from the BATIC Institute’s recent peer exchanges, webinars and workshops, participants had an opportunity to discuss which topics/practice areas would be most helpful going forward.
This session was targeted to members of AASHTO’s Committee on Funding and Finance and registration was required. Contact Alex Clegg (firstname.lastname@example.org) for more information.