Debt Financing

West Virginia Among States Still Considering Transportation Funding Options

A blue ribbon panel in West Virginia said this week the state needs an additional $1.13 billion to $1.28 billion a year to build and maintain the state’s road system. They’ll take the month of June to assess the possible revenue options at a series of public hearings. There are also reports this week on a number of states facing disappointment on the transportation revenue front or still hoping to get something done in the waning days of legislative sessions.


Gas Tax Increases and Indexing Still Getting a Look in Some States But Face Long Political Odds

A gas tax increase in Minnesota appears dead for this session. A plan to index Louisiana’s gas tax to inflation failed to win votes this week. And transportation funding plans are moving forward in New Hampshire and Pennsylvania but face political challenges ahead. Here’s the latest roundup of what’s going on around the country as states seek solutions to meeting their transportation needs.


New Transportation Revenues Have to Wait for Special Session in Washington State; Updates on Six Other States

An $8.5 billion transportation revenue package in Washington State, including a 10-cent gas tax hike, will have to wait for a special session after lawmakers adjourned their regular session this week without passing the package, which would have provided a companion to an $8.8 billion transportation budget they did approve. I also have updates on transportation funding developments in six other states.


Vermont Latest State to Approve New Transportation Revenues; Updates on Three Other States

The Vermont state legislature voted this week to increase gas taxes to raise additional revenues for transportation. The Green Mountain State became the latest state to address transportation funding needs during 2013. I also have updates on what’s going on in three other states with regards to transportation funding.


Some States Hitting Roadblocks in Efforts to Find Additional Transportation Revenues

While a number of states have already completed work this year on transportation funding plans, officials in a number of other states are still hard at work seeking compromises, stating their cases and planning for the future if they’re ultimately unsuccessful in 2013. I have updates on nine of them, as well as links to a number of recent items on the trends in states seeking new transportation revenues this year.


Maryland, Ohio, Virginia Move Transportation Measures Forward; Others See Hiccups

Transportation plans in Maryland, Ohio and Virginia are one step closer to becoming a reality this week. For other states though, the debate over how to fund transportation going forward continues. I also have some noteworthy items below on the condition of America’s infrastructure and what states are doing about it.


Robbing Peter to Pay Paul? Some States Ponder Using Transportation Funds to Solve Other Budget Problems

Despite the potential for fiscal as well as perception problems down the road, a number of states continue to look to transportation revenues for their potential to fill budget holes elsewhere. Other states are taking the opposite path, trying to ensure that revenues intended for transportation are not siphoned away for other purposes. I also have updates on some states that continue to move forward with transportation revenue packages in legislative sessions around the country this year.


To Bond or Not to Bond: States Contemplate Whether to Borrow or Seek New Revenues for Transportation

Massachusetts, Texas and Wisconsin are among a list of states this year looking at how borrowing and tax increases fit into their futures as they try to meet transportation needs. I also have updates this week on transportation revenue measures under consideration in Arkansas, Maryland, Minnesota, Missouri, New Hampshire, Ohio, Vermont and Virginia, plus a roundup of recent news and resources from the world of transportation public-private partnerships.


With One Eye on Virginia, Maryland and Other States Explore Subbing In Other Taxes to Fund Transportation

Maryland Gov. Martin O’Malley this week offered his latest, long-awaited plan for shoring up the state’s transportation trust fund and averting a project funding cliff expected to hit in 2017. Like a plan recently approved by lawmakers in Virginia and a number of others under consideration around the country, it involves raising some taxes and lowering others to bring in additional revenues for transportation.


Virginia Lawmakers Approve Compromise Transportation Plan as Other States Continue to Explore Revenue Options

Lawmakers in Virginia wrapped up their legislative session Saturday by passing a sweeping, nearly $900 million transportation plan that required compromise from both Republicans and Democrats and that some hope will now encourage other states to follow suit in finding new revenues to support transportation needs. Here are some resources on the particulars of the Virginia plan as well as a look at what’s happening in more than a dozen other states.