How should state fund road projects?
As Steven Walters details in a column in today’s Gazette, a new state study commission has bad news for taxpayers. The Transportation Finance & Policy Commission projects the state’s 10-year funding gap for road construction at between $3.3 billion and a staggering $18.4 billion. The smaller figure wouldn’t maintain highways and bridges at current levels.
So how should it make up for this shortfall? Would you support a boost to the annual registration fee, which has been $75 per car since 2008? What about increasing the gas tax, which has stood at 30.9 cents per gallon since 2006?
Collecting a new fee based on miles driven has come under discussion. Others advocate open-road tolling. Walters says that both of these ideas might not be implemented fast enough to help the state’s next biennial budget.
We’ll share our perspective on this topic in The Gazette’s editorial Tuesday.