FRESNO, Calif. (KMJ) — Gov. Jerry Brown’s plan to raise vehicle fees and taxes on fuel in the Golden State may not be able to fund the necessary repairs and upgrades to California’s aging roads and highways, according to a new report from the nonpartisan think tank Next 10.
The organization says SB-1’s estimated revenue of $52.4 billion over 10 years won’t be enough, as deferred road maintenance totals at least $137 billion.
The governor and legislative Democrats hope to generate that money by increasing registration fees and boosting the tax on gasoline.
That tax, contrary initial reports, will be 19.5 cents a gallon, due to text in the bill that reverts to excise tax on gas to the 2010 figure, which is 7.5 cents higher.
Next 10 suggests exploring other means of generating revenue, such a mileage tax, although researchers acknowledge potential issues with that idea.
Aaron Abeytia anchors afternoon newscasts on News/Talk 580 & 105.9 KMJ. Read More…
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