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10 September 2007
**************Alert Update****************
Stakeholders Group continues to meet withHouston Councilmember Adrian Garcia to address questions; Port of Houston Authority study raises serious new concerns.
Stakeholders from a variety of sectors of the business community have met twice at the request of Councilman Adrian Garcia to address questions and concerns initially raised by the trucking industry. However, a recent study released by the Port of Houston Authority points to a multitude of serious economic concerns that would result from the proposed truck ordinance. The study reveals an adverse negative impact of $1.34 billion, the loss of 4,821 direct jobs with an average salary of over $48,753, a total of 16,499 direct and indirect jobs at risk of loss or workload/wage reduction and $41.9 million in tax revenue unrealized.
As the Houston City Council faces the prospect of voting on the ordinance in a few short weeks, the stakeholders group and the trucking ordinance study raises new questions about the effectiveness of the new tax.
Stakeholders include: Texas Motor Transportation Association, Texas Aggregate and Concrete Association, Texas Manufacturers Association, Texas Chemical Council, Texas Oil and Gas Association, Texas Department of Transportation- Motor Carrier Division, Houston East End Chamber of Commerce, Port of Houston Authority, TMTA-Houston Intermodel, Greater Houston Partnership, East Harris County Manufacturers Association, Shell Oil Company, Cemex, Houston Public Works and Engineering, Houston Finance & Administration and the Houston Contractors Association.
You can find the study attached.
If you have any further questions please feel free to contact Les or John at 1-800-727-7135.
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