Pennsylvania Commission Releases State Transportation Funding Report
The Pennsylvania Transportation Revenue Options Commission (TROC) recently submitted a report to Governor Tom Wolf and the General Assembly on transportation financing options.
The commission, which Wolf created in March by executive order, was tasked with developing comprehensive funding recommendations for the state’s transportation system.
The commission was made up of stakeholders from transport, the economy and the public and private sector community. It was divided into eight working groups related to a specific income need or potential option.
The TROC report provides an overview of transport financing and describes several potential revenue sources, including road user charges, tolls, reorientation of funding, fees and taxes. The analysis of each option includes the potential revenue that a given solution could bring to the Commonwealth, the concerns raised by committee members regarding each option, and suggested next steps.
“I sincerely thank the members of TROC for their hard work and commitment,” said Yassmin Gramian, Secretary of the Pennsylvania Department of Transportation and President of TROC. “Throughout this process, we have had thoughtful and productive discussions, and we now present to the Governor and the General Assembly a multitude of well-researched options for consideration. “
The annual gap in state-level mode and facility requirements is $ 9.3 billion, according to the department, and will drop to an annual gap of $ 14.5 billion by 2030.
The infrastructure maintained by local governments faces an annual deficit of nearly $ 4 billion.