WebIn 2024, state and local motor fuel tax revenue ($53 billion) accounted for 26 percent of highway and road spending, while toll facilities and other street construction and repair fees ($22 billion) provided another 11 percent. The majority of funding for highway and road spending came from state and local general funds and federal funds. WebJan 9, 2024 · By 1998 the state had already accumulated $378 million of debt in bonds issued to pay for road repairs. And in September 2024, or 20 years later, the state still …
Why are Michigan’s roads so bad? Crain
WebJan 29, 2024 · There are three taxes you pay on gas: a federal gas tax of 18.4 cents per gallon (24.4 cents for diesel), a state gas tax of 26.3 cents per gallon and the six percent … WebFeb 7, 2024 · The $6.3 billion plan the governor will present to lawmakers Wednesday includes nearly $378 million in new road and bridge funding from the federal infrastructure law. Three-quarters would go to... john deere s120 oil filter conversion kit
Bad Roads Mean Higher Car Repair Costs–a Comparison by State
WebMay 1, 2024 · The Michigan Department of Transportation (MDOT) estimates the cost of reconstructing one mile of one lane (e.g. a “lane-mile”) of a freeway to be $3.4 million. MDOT estimates the cost to reconstruct a lane-mile of a non-freeway state road to be $1.7 million, while the cost to reconstruct a lane-mile of county or city/village road to be ... WebFeb 11, 2024 · Michigan’s gas tax isn’t tied to inflation, which limits revenue that otherwise goes to road repair. When lawmakers hiked it to the current 26.3 cents per gallon effective in 2024, that was the first state gas tax hike since 1997. That will change in 2024, when the state gas tax will be linked to inflation. WebMar 13, 2024 · The $400 million currently spent on road maintenance comes from federal, state and local dollars, he said. He said that cost estimate does not take into account the other 17,000 miles of... john deere s130 grass catcher