For most of the 20th Century, North Carolina was known as the Good Roads State. Our elected leaders and the public supported the investment in our transportation system that resulted in safe, efficient highways and bridges that connected farms to cities, linked urban centers and encouraged economic growth.
Times have changed. The Motor Fuels Tax – or Gas Tax – is declining over time as vehicles become more fuel efficient. North Carolina will see a 43 percent increase in population – 13.5 million by 2040 – placing further strain on the transportation network.
To have a safe and efficient transportation network that fosters economic prosperity and grows jobs, our current way of doing business doesn’t add up. Between now and 2040, if we find no new ways to raise transportation revenue, we face a projected $60 BILLION gap in funding.
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