12:00 am
March 26, 2015
We’ve published a new special report on the Senate’s transportation budget. Briefly:
- The Senate’s transportation package would increase spending by $13.8 billion through 2031.
- It would increase the state gas tax by 11.7 cents over three years, bringing in $5.6 billion through 2031.
- It assumes bonding authority of $3.4 billion.
- Of the spending, $1.3 billion would go to maintenance and preservation.
- Funded projects include the SR 167/SR 509 Puget Sound Gateway, SR 520 west side, and I-405 widening.
- It would redirect some pollution control funds to stormwater and fish passage projects.
- It would streamline local permitting to speed project completion and reduce costs.
- Investment in infrastructure today will reap huge future benefits for residents, businesses and government.