Sustainable Transportation Funding for Maine's Future
In the United States, the primary source of funding for transportation at the state level is a motor fuel excise tax. In 2004, the fuels tax in Maine was 8% of the State's total revenue and 68% of the Highway Fund revenue. Of particular concern for the State is the erosion of motor fuel excise taxes as a primary basis for funding Maine's public road infrastructure. Transportation policy makers have identified a number of threats to fuel tax revenue including: tighter fuel economy standards, a possible increase in the market share for alternative fuel and hybrid vehicles, the declining purchase power of motor fuel tax revenue, and increasing demands on the transportation infrastructure coupled with increasing costs of materials for transportation projects. This report utilizes an extensive literature review to identify twelve financing options, many of which are simultaneously aimed at generating revenue and addressing other transportation issues such as congestion. The report also presents case studies from around the nation. To assist in presentation, four categories of alternative funding options are used throughout the report: taxes, road/direct pricing, tolls and fees. Furthermore this report examines the suitability of options for Maine's specific needs. Such assessments of equity and suitability should be considered as Maine looks ahead in transportation planning.
- Record URL:
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Corporate Authors:
University of Maine, Orono
Margaret Chase Smith Policy Center
College of Business, Public Policy and Health
Orono, ME United States 04469-5711Maine Department of Transportation
Technical Services Division, 16 State House Station
Augusta, ME United States 04333 -
Authors:
- Noblet, Caroline Lundquist
- Gould, Gregory M
- Rubin, Jonathan
- 0000-0002-4793-8499
- Innis, Daniel
- Morris, Charles
- Publication Date: 2006-1
Language
- English
Media Info
- Media Type: Print
- Edition: Technical Report
- Features: Appendices; Figures; References; Tables;
- Pagination: 90p
Subject/Index Terms
- TRT Terms: Alternate fuels; Case studies; Costs; Equity (Finance); Financing; Fuel conservation; Fuel taxes; Hybrid vehicles; Infrastructure; Literature reviews; Market share; Motor fuels; Revenues; Road pricing; Tolls; Traffic congestion; Transportation planning; Transportation policy
- Candidate Terms: Excise tax
- Geographic Terms: Maine
- Subject Areas: Energy; Finance; Highways; Policy; I10: Economics and Administration;
Filing Info
- Accession Number: 01026700
- Record Type: Publication
- Report/Paper Numbers: ME 06-1
- Files: TRIS, STATEDOT
- Created Date: Jul 5 2006 11:51AM