Report: Transportation funding shortfall $8.4b
Institute and A Better City collaborate on report
From the CommonWealth Magazine article:
A REPORT DEVELOPED by the business group A Better City estimates Massachusetts is facing an $8.4 billion shortfall over the next 10 years in bringing state transportation assets into a state of good repair.
The report by A Better City and the UMass Donahue Institute offers a wide variety of options to help close the spending gap. They include raising the gas tax or applying the state sales tax to gasoline purchases; putting a price on the carbon contained in vehicle fuels; implementing congestion pricing at peak travel periods; adding border or in-state tolls or increasing existing tolls; hiking the fees on ride-hailing apps to match T fares; and launching a vehicle miles traveled fee.
Read the entire article via the link below. The Boston Busines Journal also covered the report's release.
Read article: Report: Transportation funding shortfall $8.4b
February 21, 2019