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Transportation Improvement Board warns declining gas-tax revenue will squeeze grants for city and small-town projects
Summary
Ashley Probert, executive director of the Transportation Improvement Board, told the Senate Transportation Committee that TIB is highly dependent on the gas tax, is awarding record grants, and is watching revenue forecasts as gas-tax receipts and project readiness change.
Transportation Improvement Board receives 3 cents of the state gas tax and uses it to fund city and small‑town projects, Executive Director Ashley Probert told the Senate Transportation Committee on Jan. 21.
Probert told the committee the Board receives roughly $100 million a year from that 3‑cent share and has distributed TIB funds to about 5,400 projects over 25 years, with total TIB funding of about $3.6 billion (matching pushes that to roughly $5 billion).
TIB’s role and why it matters
TIB funds range from small‑city preservation to urban arterial construction. "When you fill up at the gas tank or gas pump and you pay your $0.49 gas tax, $0.03 of that gas tax comes to the Transportation Improvement Board and it's roughly about $100,000,000 a year," Probert said. She described TIB as the primary paving program for towns under 5,000…
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