New brief: A Current Law Transportation Budget is Enacted; Will a New Transportation Revenue Package be Next?

By: Emily Makings
12:00 am
June 26, 2015

Although a new transportation revenue package has not been agreed to yet, a current law transportation budget for 2015-17 has been enacted. We take a look at what’s included in a new policy brief. Briefly:

  • The Legislature has enacted a current law transportation budget for 2015–17.
  • It appropriates $7.619 billion in operating and capital funds, a reduction of 16.9 percent from 2013–15.
  • $2.228 billion is appropriated for highway improvements, including $1.765 billion for projects funded by the 2003 Nickel and 2005 Transportation Partnership programs.
  • $515.9 million is appropriated for highway preservation projects.
  • $410.5 million is appropriated for highway maintenance.
  • $745.3 million is appropriated for state ferries.
  • $1.521 billion is appropriated for debt service.
  • The Legislature also passed a 2013–15 supplemental that reduces funds for the biennium by $702 million.
Categories: Budget , Categories , Publications , Transportation.