For Immediate
Release:
Wednesday, June 21, 2002
10:00 a.m.
Contact:
Frank Conte
Director, Communications & IS
617-573-8750
BHI
analysis: Turnpike-Highway consolidation would be a money-saver
Mitt Romney,
Republican candidate for governor, has proposed the consolidation of
the Massachusetts Turnpike Authority and the Massachusetts Highway Department.
The Beacon Hill Institute at Suffolk University (BHI) has found that
this proposal could save the Commonwealth as much as $55 million per
year.
BHI made
three cost comparisons between the Turnpike and the Massachusetts Highway
Department. The comparisons were made in terms of (1) number of regular
miles, that is, length of road, (2) number of lane miles (number
of regular miles times number of lanes) and (3) annual vehicle miles
traveled.1 Using these comparisons, BHI developed a range
of estimates of how much the Commonwealth would save if the proposed
consolidation of the Turnpike into Mass Highway took place.
BHI found
that, for each measure, per-unit operating expenditure was substantially
lower for Mass Highway than for the Turnpike. For example, operating
expenditure per regular mile was $160,786 for Mass Highway and $571,481
for the Turnpike. Data are for 2000.
The estimated
saving from consolidating the Turnpike into Mass Highway, for each measure
(see table) is: (1) Regular miles: $55,443,825 (2) Lane miles:
$42,787,550, (3) Annual vehicle miles traveled: $26,127,000.2
All cost comparisons exclude the cost of toll collection on the Turnpike.
BHI's
analysis shows that the state could benefit from substantial cost savings
and efficiency gains if the Romney proposal were accepted.
1Annual
vehicle miles traveled = average daily traffic count between turnpike
exits * 365 * mileage between exits.
2
Cost savings are derived by multiplying the difference in operating
expenditure by the appropriate Turnpike measure: regular miles, lane
miles or annual vehicle miles traveled.
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