By Carolyn Kramer, manager, Transportation Investment Advocacy Center
Two states discuss plans to increase transportation funding, while one is forced to make cuts as a result of lower-than-projected gas tax revenue.
California Gov. Jerry Brown’s (D) Jan. 7 budget proposal includes a plan to increase vehicle registration fees, and raise diesel and gasoline taxes, in order to invest $3.6 billion annually on transportation infrastructure improvements. That’s just 60 percent of the $6 billion per year the state’s Department of Transportation estimates is needed to maintain California’s roads and bridges. More
Nebraska Gov. Pete Ricketts (R) endorsed a bill Jan. 7 that, if approved, would transfer $150 million from the state’s Rainy Day Fund in order to create a transportation infrastructure bank. The bank would enable three state transportation infrastructure programs to accelerate construction. The bill, which will be introduced by state Sen. Jim Smith (R), would also authorize the Nebraska Department of Roads to utilize design-build project delivery to accelerate complex projects with higher costs. More
Due to lower revenue than projected from the state gas tax, Kentucky Gov. Matt Bevin (R) on Jan. 4 cut $112.5 million from the state Transportation Cabinet budget. The cut, while anticipated by the state’s Department of Transportation, will lead to construction project delays. More