State study flags $1 billion annual gap and multiple paths to close it, TPO told
A state-commissioned study found current recurring revenues fall about $1 billion short of annual highway needs in Tennessee; presenters outlined scenarios including revenue changes, general fund transfers and borrowing to close gaps and emphasized the need to balance local shares.
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TPO staff and a state senator summarized a statewide transportation funding study that found recurring revenues fall short of estimated needs by roughly $1 billion per year today and could grow significantly by mid-century. Mike Conger presented three scenarios examined in the study — revenue adjustments (indexed fuel or registration fees, new user fees), ongoing general-fund transfers, and front-loaded borrowing — and emphasized there was no single "silver-bullet" solution endorsed by the authors.
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