Infrastructure Finance

South Carolina’s gas tax will increase another 2 cents in July to increase funds for road maintenance. But officials predict the state may still need an additional $240 million annually for all of the necessary repairs.
Federal funding formulas need to evolve to help regional governing bodies to accelerate both large and community-focused projects that have an impact across these large population clusters.
The warring camps in Washington are unlikely to find a middle ground on their own. Governors and mayors need to take a seat at the adult tax-policy table.
Western New York officials hope that federal funding from the Innovation and Competition Act, the proposed infrastructure package and from stimulus relief funds would be used to develop tech hubs and revitalize transportation networks.
Any new federal infrastructure program should provide states and localities with the flexibility to tap the private-sector innovation and expertise that can produce new revenues, meaningful savings and operational efficiencies.
The Los Angeles Metropolitan Transportation Authority board of directors has unanimously supported an idea to create a program that allows students and low-income people to ride Metro’s trains and buses for free.
The two hundred miles of high-speed railway rely upon dense urban growth around transit stations to achieve long-term success. But as California and San Diego birth rates and population decline, some worry it’s too costly a risk.
Lawmakers have proposed $209 million of the multibillion-dollar bill for pollution and traffic initiatives in the Denver area that focus on marginalized groups impacted by the building of the highways decades ago.
The state’s gas tax will increase again on July 1 to bring even greater revenue for road and highway maintenance projects. But the repairs have been slow, often lagging behind other states.
President Biden claims that rail travel is “environmentally, a lifesaver” and has proposed giving Amtrak $80 billion over eight years to support it as a green travel option. But is it really green if trains still run on diesel?