In a recent government meeting, officials discussed the state of New Mexico's gas tax and its implications for infrastructure funding. A representative highlighted the stagnation of the gas tax, which has remained at 17 cents per gallon since 1992, despite rising costs and increased electric vehicle adoption. The representative suggested a gradual increase in the gas tax to better align with inflation and ensure sustainable funding for road projects.
The conversation also touched on the allocation of funds from the gas tax, with concerns raised about the current earmarking system that may limit flexibility in spending. Officials were urged to reconsider how these funds are distributed to better support local economies and infrastructure needs.
Additionally, the meeting addressed the urgent need for speed cameras in work zones to enhance safety for construction workers. The representatives emphasized that implementing these measures does not require new legislation and could be executed through existing agreements between counties and the state.
Concerns were also raised about the apparent disconnect between the significant appropriations for transportation—over $2 billion for 2024—and the limited number of projects currently being initiated. Questions were posed regarding the slow pace of project lettings, with only two reported in the last month despite substantial funding available.
Overall, the discussions underscored the critical need for proactive measures in managing transportation funding and infrastructure development in New Mexico, particularly in light of changing vehicle usage patterns and economic conditions.