CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY: IMPROVING TRANSPORT IN TRAVIS AND WILLIAMSON COUNTIES

Following excessive traffic congestion, the state of Texas passed a law in 2001 which established the Central Texas Regional Mobility Authority (CTRMA) in 2002. This is a transport authority that seeks to come up with a comprehensive transport network in Williamson and Travis counties. Its aim is to improve swift movement and reduce congestion. It does this by constructing toll roads, expanding the existing traffic lanes and setting up programs and mobile applications to ease with the problem of congestion. The authority uses funds raised from sale of bonds which accounts for 70% and the remaining 30% from the Texas Department of Transport. Since its inception, the company has managed to grow gaining assets worth $1.8 billion.

 

 

CTRMA is made up of seven members. The chair is elected by the governor of Texas. Mike Heiligenstein, is the current chair and executive director of CTRMA. He has held the position since 2002 when CTRMA began operating. The Commissioners Court in Travis County appoints three members and the same goes for that of Williamson County. CTRMA appreciates the efforts of the team and compensates them adequately. For example, in 2016, Heiligenstein, received a compensation of $336, 112. This is way higher than the $299, 812 paid to the Texas Department of Transportation’s executive director.

 

 

Under the leadership of Heiligenstein, CTRMA has managed to build several roads for example, the U.S 183 A and the 290 East. The authority also issues toll tags along these highways. Additionally, CTRMA has set up a program to assist stranded motorist on the highways. The program is called the Highway Emergency Response Operator (HERO). In 2015, it assisted 14480 motorists through relocation of faulty vehicles and removing debris from the lanes. CTRMA has also set up two apps; CARMA to facilitate ridesharing and Metropia to encourage people to travel during off-peak hours.

 

 

Heiligenstein understands CTRMA better than any other person and is directly concerned with the traffic conditions in the area. He represented CTRMA during the 19Th Austin Business Journal ‘s annual Williamson County Growth Summit. At this forum he emphasized on the need for a better road infrastructure claiming that as much as technological solutions are being sought, transport will only improve if the overall infrastructure in place is made better. He has served in public positions in Williamson County for over 20 years. He is also on the board of several transport based councils. Some of these include the Texas Transportation Institute Advisory council and the Tunnel and Turnpike Association.

Finding a lasting solution to Williamson County’s Traffic Headache

One of the biggest problems that the residents of Austin Texas have been facing is traffic snarl ups. This problem had festered to the extent that it was discussed at a county hall meeting last Thursday. The main idea behind the discussion was that the sooner the matter is discussed, the better it will be to find a solution for the sake of the residents of the town.

One of the people who spoke at the meeting is the Executive Director of the Central Texas Regional Mobility Authority, Mike Heiligenstein. He stated that one of the technological advances that could happen in the near future is the invention of the driverless cars. He gave this as an example and stated that if the issue of transport reorganization was handled properly, the town would achieve the growth objectives that had been set and that they would eliminate all the issues that were currently being experienced.

He was quick to state that the county was doing the best they could in restructuring how the infrastructure was at the time. He voiced concerns over the growing population and the rural to urban migration, stating that the surge would eventually take its toll on the present facilities. To combat the problem, he stated there was need to make better roads and ensure they are advanced and technically efficient.

He was asked by the residents about the steps that they were taking in preparation for the changing transport needs. He stated that to start with, they had decided that the land codes of the state had been flexible for a long time and that they wanted things to remain that way. He challenged the people to keep up with the spirit of encouraging growth by allowing there to be new garages, filling stations and other structures that support the expansion.

The CEO and Co-founder of Uber also spoke at the meeting, saying that there was a serious need to address the issues in transport. He noted that one of the best modes of transportation for the residents of the area was what Uber was offering.

Mike is the current Executive Director of the Central Texas Regional Mobility Authority. The organization was started in 2002 to deal with issues affecting the area. For the past 23 years, he had been a public official in the area and has also served as a committee member in other organizations. He is a true inspiration to the community.

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Follow him on Facebook and @mheiligenstein

Teaching Finance Brings Good Fortune For Richard Blair

Wealth Solutions provides unmatched services that assist its customers in protecting, managing, and growing their assets value. Mr. Richard Blair is a very resourceful advisor and partner to Wealth Solutions’ clients. Mr. Blair is highly qualified and experienced with several certifications including CES, CAS, CFS, and RICP.

Wealth Solutions has its headquarters in Austin, Texas where they offer investment advisory services. The company runs as a (RIA) Registered Investment Advisory business.

The Financial Planning criteria used by Wealth Solutions

Richard Blair believes that everyone should have a solid plan which will guide them in pursuing all their financial targets. Therefore, his primary objective is to prepare the Austin, Texas, fraternity by offering them retirement planning schemes and wealth management services to their clients.

Wealth Solutions adheres to a three pillar comprehensive approach. These plans allow the company to promptly find their client’s financial ability as well as their retirement plans. It also becomes easy to come up with an interconnected plan customized for each customer.

Pillar One

It is designed to assist the client in planning their financial future journey to retirement. It identifies their goals, strengths, growth opportunities, and risk tolerance. By understanding a customer’s financial and geographical history, it is easy to assist them in laying down a brilliant financial roadmap to guide them.

Pillar Two

This concept is used to nature a long-term plan that connects the investment needs of the customer to their future target. This program runs in agreement with a particular client’s liquidity requirements and investment goals.

Richard Blair Wealth Solutions manages and reallocates assets to make sure that the maximum performance of a customer’s portfolio runs only into the market when it is perfect, while still taking care of the adverse effects which might fall on their client’s when the investment opportunities are not suitable.

Pillar Three

After discovering a customer’s goals and establishing successful channels to achieve them, Mr. Richard Blair looks into their insurance requirements which are life insurance and long-term care as well as annuities.

About Richard Blair

Mr. Blair’s decision to provide advice and financial services to small businesses, families, and individuals was as a result of his family’s teachings.

His mother and grandmother were both teachers who taught him how learning grows one’s intellectual capabilities. Therefore, his love for finance made him start Wealth Solutions in 1994 to serve the Austin, Texas community.

According to Manta, Richard Blair Wealth Solutions is a Bachelor In Finance graduate who has amassed immeasurable skills that allow him to impart financial knowledge to his clients thus enabling them to grow investments and meet their retirement plans successfully.