Despite Funding Needs, There Is No Silver Bullet

摘要

The year 2013 may well be remembered as the point at which the nation's state transportation departments won several key battles in their ongoing struggle to secure new sources of revenue, yet made little progress toward winning the overall funding war. Going against the grain of tax-averse electorates, Wyoming and Vermont managed to increase their per-gallon fuel taxes, while Virginia and Maryland restructured their formulas to tie tax rates to wholesale gasoline prices. Arkansas' roads and bridges also will benefit from a half-cent sales-tax increase, while Kentucky has been making use of Grant Anticipation Revenue Vehicle (GARVEE) bonds.