Transportation Revenue Shortage
Are Local Governments Rolling Up Their Sleeves Again?
Reduction of gas tax purchasing power in United States was 37% in 2012 and will be 52% in 2023. The adverse effect of inflation on the current gas tax value and reduced gas consumption in the age of fuel efficiency are two key reasons that local governments are facing the most critical challenge in our history.
In the Fall 2014 issue of Washington State PUBLICworks Magazine, Harris & Associates transportation expert, Sam Yaghmaie, PE, LEED AP, tackles this critical issue—the transportation funding shortage and provides recommendations to help local agencies do more with less.