Can You Spare $24B?

Albamo, Elizabeth
September 2004
Bond Buyer;9/14/2004, Vol. 349 Issue 31968, p31
Trade Publication
This article reports that the Utah League of Cities and Towns told lawmakers last week that the state needs an extra $23.6 billion in revenue to finance all of its transportation needs. According to officials, the state's gasoline tax will not cover the cost, and the Legislature during the next session should start to look for dedicated revenue streams for that purpose. During the 2003 legislative Small Business Units, which authorized the Utah Department of Transportation and Transportation Commission to put together a proposal for local government participation in transit and highway projects.


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