Fund | Unplash by Pepi Stojanovski
Fund | Unplash by Pepi Stojanovski
LESS GAS USAGE = LESS GAS TAX REVENUE
As we just learned, the gas tax is the primary source of roadway funding in Ohio. While that system has worked for years, vehicles are becoming more efficient and are getting better gas mileage, and an increasing amount of vehicles don’t require any gas at all. While this is great for reducing harmful emissions, it means fewer dollars available for roadway improvements and an uneven distribution of the funding makeup for Ohio drivers.
RISING COSTS FOR ROAD UPKEEP & IMPROVEMENT PROJECTS
Construction costs to maintain and improve our roads and bridges are also increasing. With a decrease in gas tax revenue and an increase in maintenance and improvement costs, a new revenue system is being studied. For example, in one year construction costs in Ohio increased 15%.
Original source can be found here.