Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House committee hears study showing long-term gap in state transportation funding
Summary
Joint Fiscal Office staff told the House Transportation Committee the state faces a multiyear shortfall in the Transportation Fund and that no single new fee will close the projected gap; committee members discussed principles and options including purchase-and-use tax allocation and support for towns.
The House Transportation Committee heard a presentation on Jan. 24 summarizing a statewide transportation funding study that estimates a roughly $317 million gap beginning in fiscal 2026 unless the state changes how it raises or spends transportation revenue.
Logan Moberry, fiscal analyst with the Joint Fiscal Office, told the committee the study’s gap estimate “is important to note” but cautioned it should be treated as a benchmark, not a requirement to raise that entire amount. “I think it's probably a little unrealistic to expect to make an additional $316,000,000 in T Fund revenues. This is just sort of to give you a guide,” Moberry said.
The study and accompanying charts presented to the committee break down historical revenues (gas, diesel, purchase-and-use, vehicle fees, other sources) and project five-year declines in some streams once inflation is considered. Moberry showed a chart…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
