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TDOT warns of post‑2029 'funding cliff'; TACIR transport study to map revenue options
Summary
TDOT and county and industry representatives told TACIR that flat fuel‑tax revenues and rising construction costs will create a funding cliff after 2029; the commission's study will analyze long‑term revenue options including indexing fuel taxes, EV fees, delivery taxes and other user charges.
Tennessee Department of Transportation Commissioner Will Reid told the Tennessee Advisory Commission on Intergovernmental Relations that the state faces a long‑term structural funding shortfall for highways and bridges once one‑time infusions used to accelerate projects are exhausted.
"Our revenue is flat," Reid said, summarizing the department’s view that federal and state fuel‑tax receipts have not kept pace with inflation and rising construction prices. He said the Transportation Modernization Act and recent one‑time infusions enabled…
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