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California
TIAC tracks the latest state & local transportation funding news. To contribute to this effort, contact Carolyn Kramer Simons.
June 2: California Announces $1.5 Billion in Transportation Budget Cuts and Project Delays
by Tyler Kane, Transportation Investment Advocacy Center The California Transportation Commission (CTC) adopted a five-year transportation funding plan that cuts or delays $1.5 billion in highway, bridge and transit projects. The plan cuts $754 million in projects from CTC’s current transportation budget. An additional $755 [...]
May 26: Weekly State Transportation Funding Roundup
with Tyler Kane, Transportation Investment Advocacy Center The Alaska legislature on May 23 began a special session to pass a FY 2017 budget and prevent a government shutdown. One of the contested measures within the budget concerns the state’s gas tax, which remains the lowest [...]
May 13 Weekly Roundup: State Transportation Funding Assets and Shortfalls
The Iowa Department of Transportation announced a $3.5 billion plan May 11 to improve roadway safety. The plan must be approved by the state transportation commission before implementation. Last year, Iowa increased the state gas tax by 10 cents-per-gallon. Read More. *** California’s transportation funding [...]
May 6 Weekly Roundup: Transportation Funding Cuts
Moody’s downgraded Kansas’s highway revenue bonds to ‘negative’ from ‘stable’ on May 3 after state lawmakers voted to redirect $185 million in sales tax revenue intended for transportation projects to reduce the state deficit. The bond rating service also lowered the state’s general outlook to [...]
March 11: Six State Transportation Funding Shortfalls
After losing more than $1.1 billion in transportation revenue, California considers delaying up to 225 shovel-read projects. Read More. Facing a $25 billion transportation funding shortfall over the next 25 years, Colorado lawmakers debate the best way to raise new revenue. Read More. A Minnesota [...]
Feb. 29: State News Roundup
Current low fuel prices make it a “good time” to increase motor fuel taxes in order to fund transportation projects, according to a Ball State University Center for Business and Economic Research report released Feb. 15. The study concluded that businesses and residents in Indiana [...]
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