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Even with new taxes, state has $7.3 billion shortfall for transportation projects

from The Salt Lake Tribune

Even with an upcoming hike in the state's gasoline tax and new increases in sales taxes from the passage of Proposition 1 in many counties, Utah still faces a projected shortfall of about $7.3 billion for high-priority transit and highway projects through 2040. That calculation is contained in an update of the state's Unified Transportation Plan presented to legislators. Before the new tax hikes, officials had projected the shortfall for state and local projects at about $11 billion through 2040. With a continuing big shortfall looming, some legislators questioned whether it may be wise to allow cities and counties to ask voters for tax increases for local roads without linking the request to increases for the Utah Transit Authority. more

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