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TIAC tracks the latest state & local transportation funding news. To contribute to this effort, contact Carolyn Kramer Simons.
VMT Increases 19th Straight Month, Federal Report Shows
By Eileen Houlihan, senior writer/editor ARTBA Vehicle miles traveled in the U.S. continues to climb, with data released late last month by the Federal Highway Administration (FHWA) showing the nation’s driving rose for an 19th straight month. The data published in FHWA’s latest“Traffic Volume Trends” report [...]
Looming Highway Trust Fund Crisis: Impact on State Transportation Programs
by Lital Shair Nada, Market Research Associate; Assistant Director, ARTBA Research & Education Division (RED) Federal funds, on average, support 52 percent of annual state department of transportation (DOT) capital outlays for highway and bridge projects. Uncertainty surrounding the short and long-term fiscal condition of the [...]
The Latest State Transportation Funding News
New Jersey completed the state’s final sale of bonds on Nov. 16 as part of a five-year transportation funding plan. If new revenue is not generated, beginning July 1 the state said it would not be able to fund transportation construction projects. More Additional concern [...]
Updated Report Outlines 2015 State Transportation Funding Legislation
An updated report by the Transportation Investment Advocacy Center™ shows 23 states have passed legislation to support transportation investment so far in 2015, generating an estimated $11.3 billion in new revenue. Over 170 measures were introduced in 2015, with 36 bills approved by state legislatures. [...]
Catch Up on Recent State Transportation Funding News
Indiana House Democrats proposed a $2 billion transportation funding plan Nov. 9 in response to Gov. Mike Pence’s (R) earlier $1 billion plan. The Democrats’ plan includes $1 billion for state roads and bridges over four years and adds an addition $1 billion for local [...]
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