Transportation Funding & Reform Commission Proposes Solutions for Highways, Bridges, and Public Transit Needs
The long-awaited 16-month study of Governor Rendell’s Transportation Funding and Reform Commission was released yesterday, with a recommendation that $900 million is needed for the Commonwealth’s roads and bridges and $760 million is to be targeted for public transit funding.
The highway and bridge investment would:
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Eliminate poor ride quality in five years on all highways carrying more than 2,000 vehicles a day and on 50 percent of highways with lower traffic volumes.
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Reduce the percentage of structurally deficient bridges to the national average within 17 years.
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Implement safety features targeted to reduce fatalities by 25 a year
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Modernize two-thirds of all traffic signals over 10 years.
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Install real time traffic information and management systems in major urban areas.
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Add targeted capacity expansion projects.
The commission recommended the following steps to raise the $900 million:
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Adjust the percentage and the ceiling of the Oil Company Franchise Tax, equivalent to about 11.5 cents per gallon.
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Raise various motor vehicle registration and license fees by $150 million.
The complete report may be viewed on the Transportation Funding and Reform Commission website - click here.