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State Faces Nearly $1B Shortfall in Road Funding

Thursday, July 28, 2016 12:46 PM | Anonymous

The co-chairman of the state’s powerful budget-writing committee called on Gov. Scott Walker this week to consider finding ways to raise revenue for the state’s transportation budget, which will suffer from a $939 million shortfall in the next biennium, according to the latest estimates.

Rep. John Nygren, R-Marinette, proposed lawmakers and Walker consider raising the state’s gas tax or create a toll road system to shore up the state’s funding for roads that has been subsidized with borrowing for years.

But Walker on Wednesday stood firm in his long-held opposition to raising taxes or imposing fees to help pay for road projects — putting him at odds with leaders in his own party who have implored the governor to consider finding new revenue.

A Legislative Fiscal Bureau memo released this week at Nygren’s request says the state needs to find $939 million for the 2017-19 budget to keep funding at the same level as what lawmakers passed in the current state budget.


http://host.madison.com/wsj/news/local/govt-and-politics/state-faces-nearly-b-shortfall-in-road-funding/article_2c096284-d35e-56ff-b53e-305ec3080c25.html


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