Road Borrowing

“November 2, 2015

For immediate release:Unfunded Road Construction

….There is no plan in place to pay the money back, so just like Washington D.C politicians, some in Madison think that putting this debt on future taxpayers is the route to go. Currently, the vast majority of road construction is paid through vehicle related fees and taxes, including the gasoline tax and automobile licensing. These funds are completely spent on road work now, so that means any additional road funding will need to come out of the general fund, think schools, universities, community aids, or they will need to come from a future source of unidentified revenue, a gas tax increase, registration fee increase, usage fee, toll road, or some other charge to the residents of the state….”

Via Rep. Gannon on Road Borrowing @ Boots & Sabers