State Ballot Measures Would Wall Off Project Funds, Allow I-Bank to Fund Local Infrastructure

AASHTO Journal, 17 October 2014

Voters in several states will get a chance to vote on ballot measures next month to try to wall off transportation funds so they cannot be spent on other budget needs, as states grapple either with how to raise funds for roads, bridges and other projects or to protect that money after hiking taxes and fees.

AASHTO’S Transportation TV, in this week’s newscast, reports that both Maryland and Wyoming voters will consider proposed constitutional amendments to protect transportation funds after each raised taxes in 2013 to improve their infrastructure.

In Louisiana, the ballot issue is whether to let the state treasurer invest public funds in a state infrastructure bank, which could in turn offer low-interest loans to help local governments pay for transportation projects.

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