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Funding subgroup urged to present short‑term scenarios and a 10‑year roadmap
Summary
Duncan Wise’s funding subgroup will provide a menu of revenue options, historical context on revenue erosion, and analysis of trade‑offs; the working group asked whether to accompany near‑term recommendations with a longer 10‑year financing roadmap.
Duncan Wise of the Oregon Business Council told the working group that his subgroup is compiling a menu of funding options and a set of evaluation criteria for use by the committee. He framed the work as twofold: (1) provide practical options the committee could recommend for the next legislative session, and (2) offer longer‑term context about how the system was financed historically and what a 10‑year financing roadmap might look like.
Wise noted that traditional user‑based revenues have eroded (fuel efficiency, timber revenues, property tax changes) and that the state may need to evaluate alternative streams, bonding capacity and whether to treat roads as a self‑funding utility. He asked the group for direction on how much emphasis to put on immediate recommendations versus a long‑term plan.
The working group directed the funding subgroup to deliver comparative options and bonding analyses, and to prepare comparative data on other states (indexing, sales taxes, delivery fees) to inform both near‑term choices and any multi‑year roadmap.
