Possible Solutions
Potential
Funding Options
 |
Vehicle
Registrations |
| |
Each $10 increase
generates $12 million |
 |
Fuel Tax |
| |
Each penny increase
generates $9 million |
 |
ITD Fees (Driver’s
licenses, titles, driver records, etc.) |
| |
Each 10 percent
increase generates $1.7 million |
 |
Permit Fees |
| |
Each 10 percent
increase generates $0.3 million |
Results are estimated
How can transportation investments help a rapidly growing state like Idaho?
Numerous U.S. and international studies demonstrate that transportation investments generate significant measurable benefits to national and regional economies. Transportation investments:
 |
Save lives |
 |
Boost industry competitiveness and productivity |
 |
Strengthen local and regional economies |
 |
Increase sales tax revenue |
 |
Enhance tourism |
 |
Reduce congestion |
 |
Improve and shorten trucking routes |
 |
Create jobs |
The bottom
line
 |
As roads and bridges continue to deteriorate, so does the safety of the traveling public. |
 |
Idaho is growing fast, but the growth is not solving our revenue issues. |
 |
The transportation department’s revenue is flat, but costs and demands are soaring. |
 |
The transportation department is having to put less money than is needed toward Idaho’s deteriorating but heavily used transportation system. |
It’s clear that the future of Idaho’s transportation system is at a critical juncture. The ability to travel to and from work, the delivery of freight and farm products, and the scenic drives to Idaho’s world-renowned mountains, lakes, and ski resorts all rely on an efficient transportation system.
Failing to meet transportation needs will threaten our ability to compete in the marketplace, damage our economy, and jeopardize jobs and our quality of life.
Transportation funding problems are a nationwide problem
It’s important to
know that Idaho’s transportation funding difficulties are not unique.
Almost every state in the nation is searching for ways to raise enough money
to meet their increasing transportation needs, and to care for their largest
asset—the transportation infrastructure that connects their economies
with the rest of the world.
.
|