A task force in Nevada is trying to figure out how to cover an expected
$3.8 billion shortfall in the state’s road funding budget.
The task force, formed by the Nevada Transportation Board, talked recently
about a wide range of taxes and other funding sources to pay for transportation
Among the options being considered to help pay for needed roadwork are
higher taxes on fuel and vehicle fees, as well as toll roads, The Associated Press reported.
Private companies would be responsible for building toll routes and
their upkeep. In exchange, they would keep toll revenue.
The list of future road projects has a price tag of more than $5.7
billion, The AP reported.
Task force members have said that demands on Nevada highways are
increasing and the result could be a bankrupted state road-building and
maintenance budget. They said there also is a likely increase of up to 25
percent in road and rail shipments during the next decade.
After a scheduled meeting on Oct. 4, suggestions by the task force for
how to muster enough funds for major highway projects are expected to go before
the board and lawmakers during the session that begins in February.