The Central Texas Regional Mobility Authority (CTRMA) focuses on the development of transportation systems in Williamson and Travis counties. Under the leadership of Mike Heiligenstein, CTRMA has demonstrated its authority in the development of toll roads such as 183A and U.S. 290 East.
CTRMA is an independent government agency, which was established in 2001. With its assets totaling $1.8 billion, the agency does not have a taxing authority, but raises most of its funds (70 percent) from the private sector through the sale of investment bonds. The remaining portion is raised from public sources, especially the Texas Department of Transportation. Its seven-member board comprises experienced professionals from the business community.
In an effort to reduce congestion on the roads, CTRMA offers free roadside assistance through their Highway Emergency Response Operator (HERO) to motorists with minor breakdowns along Interstate 35 and U.S. 183.
They also have travel apps such Metropia, which provides real-time information on alternative routes. Their ridesharing app, CARMA, links commuters with drivers on similar routes. CTRMA is also building additional toll lanes along the highway connecting West Cesar Chavez Street and Parmer Lane under its Mopac Improvement Project. A section of the lane will start operating in June, but all lanes will be open to commuters in November. Express toll lanes will be functional by December.
With such impressive projects in the pipeline and others completed, CTRMA rewards its executive director, Mike Heiligenstein, with a salary that surpasses that of the chiefs of the Texas Department of Transportation.
In 2016, the governing board approved a compensation package of $366,112, compared to the executive director of the Texas Department of Transportation who earns $299,812. This amount is inclusive of a salary of $274,912, annual life insurance premium of $3,000, deferred compensation of $45,000 and a monthly car allowance of $850. This information was originally mentioned on My Statesman as outlined in this link http://www.mystatesman.com/news/opinion/things-know-about-the-central-texas-regional-mobility-authority/HuPXTyFcN0TaD5rcsPXZqN/
About Mike Heiligenstein
CTRMA became operational a year after it was incorporated where Mike Heiligenstein was appointed to provide the company with transformative leadership. The agency is undertaking different programs that will result in an asset base of $4 billion by 2020. In addition, the authority forecasts a revenue stream of $136.5 million by the same year.
His overwhelming success at the agency draws on his vast experience in enhancing transportation infrastructure in the region. For 23 years, Mike worked as a public officer in Williamson County where he expanded water and transportation infrastructure.
Mike served as the CEO of the International Bridge, Tunnel and Turnpike Association (IBTTA). The executive serves on the advisory boards of Texas A&M Transportation Institute and the WTS Heart of Texas Chapter. He is an alumnus of the University of Texas.