Funding Better Transportation
California’s rough roads need a new kind of funding for the 21st century; New white paper finds SB1 is just the first step in bridging critical revenue gap
“…California should consider adjusting a system that pins transportation infrastructure funding to the sale of gasoline and diesel…[because current measures are inadequate] close the critical gap between the amount of money needed to undertake the backlog of repairs to fix California’s roads… California roads are among the worst in the nation…[but] funding for repairs and improvements — which traditionally comes largely from motor vehicle fuel taxes — is declining as cars become more fuel-efficient and the state’s electric vehicle fleet grows…Inflation-adjusted fuel tax revenue declined 20 percent from 2010 to 2015, despite the fact that Californians have been driving more than ever…Fuel taxes are down in large part because low gas prices have driven reductions in tax revenue and new passenger cars and trucks have dramatically improved their fuel economy…" click here for more
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