Keep Moving to Keep Ahead

Recommendations from Governor Dayton's Transportation Finance Advisory Committee

About the TFAC Charge

The mission of the Commissioner’s Transportation Finance Advisory Committee was to develop a set of recommendations for future funding and financing of Minnesota’s transportation system. 

This will be done through the guidance and advice of the Committee and will consider long-term capital and operating needs, revenues and funds expected to be available, and the estimate to which a funding gap is expected in relation to the desired future. 

The Committee also considered ways that Minnesota can better invest in high-quality, multi-modal transportation infrastructure. It drew upon financial expertise from the public and private sector to develop ideas to finance transportation improvements in cost-effective ways. 

Three future funding scenarios were considered: 

  • Status quo
  • Urgent needs met
  • World class system

The Committee made recommendations on measures to close the funding gap through cost savings, efficiencies, public-private partnerships and revenue generation base on the desired future. This project will include the development of a strategic marketing plan to obtain public support for an investment plan and any additional steps needed to obtain the funding/finance necessary to achieve project goals.

TFAC Meetings and Background

The committee met from April 2012 through from December 2012. Meeting agendas, minutes and handouts are available by contacting Ken Buckeye, 651-366-3737.