| 2003 (2003)|| Authority|
| Travis and Williamson Counties|
3300 N. IH 35, Austin, Tx 78705
The Central Texas Regional Mobility Authority (CTRMA) is an independent government agency created in 2003 to improve the transportation system in Travis and Williamson Counties in Texas. Their mission is to implement innovative, multi-modal transportation solutions that reduce congestion and create transportation choices that enhance quality of life and economic vitality. The Mobility Authority is headquartered at 3300 N. IH 35 in Austin.
The Mobility Authority is overseen by a seven-member Board of Directors. The Governor appoints the Chairman, and the Travis and Williamson Counties Commissioners Courts each appoint three members to serve on the Board.
The Mobility Authority employs a small professional staff of 17 led by Executive Director Mike Heiligenstein. The Mobility Authority uses private sector contractors with specialized expertise to provide staffing support for individual projects.
The Mobility Authority was created and operates under the Texas Transportation Code Chapter 370 and is authorized under state law to implement a wide range of transportation systems including roadways, airports, seaports and transit services. The Mobility Authority is authorized to issue revenue bonds to fund projects and can use user fees and/or taxes to fund operations and repay bonds.
Central Texas Regional Mobility Authority Wikipedia
CTRMA's first project was 183A, an 11.6 mile (18.7 km) toll road in southwest Williamson County. Construction of the US$238 million toll road began in March 2005 and was opened to traffic in March 2007. The road is intended to serve the fast-growing suburban communities of Cedar Park and Leander. 183A features a state-of-the art electronic toll collection system known as TxTag implemented by Caseta Technologies, Inc.
CTRMA's anticipated second project will be to construct toll lanes in the median of US 290 east from US 183 to Manor
According to the 2012 Financial Audit, the Mobility Authority’s main sources of revenue are tolls ($23.6 million) and federal and state highway funds ($28.4 million). Total operating expenses total $17 million. The organization pays some $12 million annually to service a debt of $681 million.
In late 2012, the Capital Area Metropolitan Planning Organization decided to place $130 million in available state and federal funds with the Mobility Authority, which plans to use the money for the MoPac Project approved by the Federal Highway Administration. The Mobility Authority will place $230 million into a fund available to CAMPO for transportation projects over a set timeframe, effectively leveraging the available funds to develop future funding through the construction of a partially tolled roadway.
The Mobility Authority is an independent government agency with a seven-member Board of Directors. The Chairman of the Board is appointed by the Governor of Texas. The Travis County Commissioner's Court appoints three members and the Williamson County Commissioner's Court appoints three. The Board Members serve two year terms and can be reappointed. The Mobility Authority is run by Executive Director Mike Heiligenstein and a staff of approximately a dozen individuals.
There has been controversy in Texas over foreign and private ownership of roadways, but all of the Mobility Authority’s properties are owned and operated by the organization, which is a public, nonprofit entity. The Mobility Authority is governed by a Board of Directors composed of a chair selected by the governor, three appointed by the Travis County Commissioners Court and three selected by the Williamson County Commissioners Court. The Board members serve two-year terms and are not compensated for their service.