The document now includes important detail about the new “Road Maintenance and Repair Account” funds that will begin flowing to city and county gas tax funds next year.
The new fact sheet, titled “Local Streets and Roads Estimates: 2016-17, 2017-18, 2018-19 including Highway Users Tax Account (HUTA) and Road Maintenance and Rehabilitation Account (RMRA),” provides descriptions of revenues, allocations and rules that locals need to know about these state transportation tax revenues that are allocated for local streets and roads needs. The RMRA imposes new reporting and minimum funding requirements of cities and counties in order to be eligible for RMRA funding.
Coleman will continue to update this document as important new information becomes available, including new revenue estimates. A revision should come out after the Governor releases his May Revise proposed FY 2017-18 budget, which will contain updated economic forecasts and statewide revenue estimates.
The fact sheet
contains attachments with the latest city-by-city and county-by-county revenue estimates for HUTA and the RMRA.
about transportation funds is also available online.