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TIAC tracks the latest state & local transportation funding news. To contribute to this effort, contact Carolyn Kramer Simons.
COVID-19 Pandemic: State Transportation Funding Updates
New Jersey Gov. Phil Murphy approved a combined $24.5 billion capital plan for the state Turnpike Authority and Transportation Authority. Murphy also approved an average toll increase of 57 cents for passenger vehicles, set to take effect on Sept. 13. Read more>> State [...]
COVID-19 Pandemic: State Transportation Funding Updates
Rural America faces a $211 billion transportation backlog according to TRIP, The Road Information Program. Its lates research shows conditions will be exacerbated by declines in revenue associated with COVID-19. Read more>> These states say declining motor fuel tax revenue collections due to [...]
COVID-19 Pandemic: State Transportation Funding Updates
Reduced traffic volumes are expected to cause a decline in state fuel tax, toll, and user fee revenue which could delay thousands of projects nationwide. To prevent major cuts to projects transportation agencies have asked Congress for an immediate $50 billion and a plan [...]
COVID-19 Pandemic: State Transportation Funding Updates
The Connecticut State Bond Commission is considering borrowing just over $700 million for the state’s aging highways, bridges, and rail lines. The commission is also reviewing the first $30 million installment of this fiscal year’s $60 million Town Aid Road grant and more than [...]
May 23: State Transportation Funding News Roundup
Iowa Gov. Kim Reynolds (R) May 17 signed legislation raising the annual electric vehicle registration fee by $130. The new revenue will supplement the Road Use Tax Fund, which supports transportation construction and maintenance. Read More>> More than two-fifths of Illinois’ major roads are [...]
May 10: Transportation Funding News Roundup
Missouri voters last year rejected a transportation funding measure despite the state’s $800 million annual shortfall for roads and bridges. Why? ARTBA’s “Transportation Investment Advocacy Center”™ (ARTBA-TIAC) in a new report explores how the $400 million annual funding measure introduced by the state legislature failed [...]
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