3 ms·
It is partially but not exclusively paid for by property taxes. It's actually a fairly small share of funding in some cases. The BATIC institute gives the numbe
by AlotOfReading 5y ago
It is partially but not exclusively paid for by property taxes. It's actually a fairly small share of funding in some cases. The BATIC institute gives the numbers 5% and 1% for highways and transit funding respectively [1]. Moreover, funding is not evenly distributed here. Suburbs tend to have massive road networks and long commutes, but comparatively low property taxes. This creates a shortfall that generally gets made by with sales taxes and general funds.
[1] http://www.financingtransportation.org/funding_financing/funding/ http://www.financingtransportation.org/funding_financing/fun...