California Gas Tax Will Go Up July 1, But Leaders Say State Is Still Short on Money for Road Repairs
California is poised to charge the highest taxes and fees on gas in the country when an increase kicks in July 1, but officials say the state is still billions of dollars short of what’s needed to properly fix the roads and are considering additional charges.
The gasoline tax is set to climb by 5.6 cents per gallon, the second in a wave of increases approved by state leaders two years ago to raise billions of dollars for road and bridge repairs and mass transit.
Combined with a 12-cent increase that took effect in November 2017, the taxes and vehicle fees approved in a bill known as SB 1 are projected to add $5.4 billion in the coming year to transportation funding.
But officials estimate $130 billion is needed to bring the state’s roads and bridges into a state of good repair. The gas tax increases of 2017 will raise some $52 billion during the first 10 years but that will leave a road repair shortfall of approximately $78 billion.
Read the full story on LATimes.com.