A review of transportation ballot measures from 2000-2005 found growing use of voter-approved financing. Over than span, 70 percent of transportation measures were successful at the ballot box generating at least $70 billion in new investment.
The Center for Transportation Excellence (CFTE) has released a new report examining transportation-related ballot measures since 2000. The report, "Transportation Finance at the Ballot Box: Voters Support Increased Investment," outlines the striking rise in the use of voter-approved ballot measures to generate funding for transportation choices.
CFTE analyzed more than 200 state and local ballot measures related to transportation since 2000. According to the report, voters in 33 different states have approved 70 percent of all proposed transportation measures generating funding conservatively estimated in the excess of $70 billion. Transportation measures have passed at twice the rate of all ballot measures.
The CFTE research also details trends in voter-approved financing for transportation. More than 80 percent of all transportation ballot measures since 2000 have specifically authorized financing. The report found support across the board for a variety of funding tools, including sales taxes, property taxes, bonds, and dedicated fees.
Thanks to Jason Jordan
FULL STORY: Transportation Finance at the Ballot Box
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