House Transportation Testimony, Transportation Funding Mechanisms: April 18, 2018

House Transportation Testimony, Transportation Funding Mechanisms: April 18, 2018

Background: Increased
Funding for Transportation

Today’s charge on transportation infrastructure financing is an important one: Transportation financing has been an urgent concern for state lawmakers for at least the last three legislative sessions. The All-Funds budget for the Texas Department of Transportation for 2012-2013 was nearly $20 billion, with about half going to planning, right-of-way acquisition and construction. The Texas Department of Transportation (TxDOT) Legislative Appropriations Request for the 2014-2015 biennium noted that “[t]here is no question that Texas has a transportation funding challenge. Our traditional sources of funding have proven no longer reliable, making it difficult to meet the mobility needs of our rapidly growing state.”

 

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