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MnDOT presents 20‑year road funding gap; 2023 changes narrow but do not close shortfall
Summary
MnDOT told the Senate Transportation Committee that, despite revenue changes enacted last session, the state faces a multi‑billion‑dollar funding gap over the next 20 years for trunk highways, counties and cities. MnDOT recommended a mix of options rather than a single funding source to close the shortfall.
MnDOT staff presented the agency’s statutorily required Road Funding Gap Report to the Senate Transportation Committee, describing long‑term pressures on Highway User Tax Distribution (HUTD) revenues and options to close an estimated multi‑billion‑dollar shortfall over the next 20 years.
Josh Kannadar Hoebinger, MnDOT chief financial officer, summarized the drivers: inflation, aging infrastructure, and growing needs. He said recent revenue changes enacted in 2023 (including a gas‑tax indexing provision and a revised vehicle registration tax formula) produced a substantial one‑time boost but did not eliminate a long‑term gap. “In the most recent state fiscal year 2024, we’re looking at about $2,700,000,000 working its way through the HUTD fund,” Kannadar Hoebinger said, and described trunk highway construction as MnDOT’s principal HUTD use.
MnDOT’s 20‑ye…
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