What transportation funding options does Texas have:
- Bond issues
- Public-private partnerships and
- Massive voter support last November for using $1.7 billion from the state’s Rainy Day Fund
TXDOT Chairman Houghton says it’s not enough. What options did he offer:
- He avoided talk of the gas tax
- He supports solutions that “will require new thinking, planning and new funding.”
Posted infunding, roads
South Carolina Governor Nikki Haley unveiled a tax trade plan which: She’s not alone among Republicans. Her fellow Republican Governor’s open to gas tax hikes are:
Posted infunding, legislative trend
Stands to reason that kilts may be more popular than toll roads based on a recent TXDOT meeting inDallas. TXDOT proposes toll lanes for portions of Interstate 35E and U.S. Highway 67 in Southern Dallas. People were not pleased. 80 people showed up to voice opposition. including, the Dallas Zoo, which was not thrilled about making it harder for people to get to the zoo, but because TXDOT borrowed the Zoo’s giraffe logo for the project. Reasons for the opposition: 8 Reasons why the Gas Tax should be abolished courtesy of the Wall Street Journal: South Dakota like every state needs transportation funding. When Governor Daugaard layed out his tranportation funding plan, he said, “there is a difference between being ‘cheap’ and being ‘frugal.'”
TPPF’s recommendations for transportation in 2015: Remove governmental restrictions on the development of innovative practices in the financing, design, building, and private ownership/operation of Texas’ transportation infrastructure. Extend and expand design-build contracting after it expires in August 2015. Rising federal aid funding for transportation and other s… In an interview with Bill Hammond of the Texas Association of Business, Senator-Elect Burton and Senator Hancock talk transportation funding:
Posted infunding, legislative trend
A select joint committee in Georgia studied increasing transportation funding. The committee’s report proposes a transportation funding plan that combines tax cuts and tax increases. Most interesting about the report is that for every $1 invested in transportation funding, between $4- $7.80 is returned in economic benefits generated. The TransTexas Corridor met its end by way of negative public reaction. Texas still needs to build more roads and improve current roads. So what’s happened since Trans Texas was proposed? South Texas Energy & Economic Roundtable sent a letter to TXDOT calling on more Prop 1 transportation funding dollars to support road improvements in Eagle Ford and Permian Basin oil producing regions. Letter highlights: “South Texas county judges, mayors and all elected officials, along with the oil and natural gas industry, put a premium on safety.” Incr…Gas Tax Hike Supported by Republican Governor
Tollroads Are as Popular as Kilts in Texas
8 Reasons to Abolish the Gas Tax
Fuel and Vehicle Assessments. The Difference Between Cheap & Frugal.
TPPF: Transportation Recommendations for 2015
Sen. Hancock: Slower Phase In of Motor Vehicle Sales Tax Dedication to TXDOT
Transportation Funding: A 400% Return on Investment
The Future of Toll Roads By Looking Back at Trans Texas Corridor
South Texas Energy & Economic Roundtable: Increase Eagle Ford Road Funding