Introduction How Will This Help? Provides additional funds for transportation. Increasing the statewide sales tax rate would provide funds to reduce traffic congestion and help maintain the safety and quality of Texas roads and bridges. Helps keep up with rising highway construction costs. Since 1991, roadway construction costs have almost doubled. Increasing the statewide sales […]
Easy
Statewide Motor Fuels Tax
Motor Vehicle Sales Tax
State Vehicle Registration Fees
Local Option Vehicle Registration Fees
How Will This Help | Target Market | Implementation Examples | References Introduction How Will This Help? Puts 100 percent of funds into transportation. While only 75 percent of funds from gas and diesel tax revenues go toward funding transportation, 100 percent of a local option fee would go to local transportation funding. Provides funds […]
Pass-Through Financing
Introduction How Will This Help? Reduces upfront costs for the public agency. Pass-through financing allows a partner to pay the initial costs of the project and be reimbursed by the agency. Is not affected by increased fuel efficiency. Fuel tax revenues will likely decrease over time. The expected growth in future population means more people […]