A $2 billion shortfall over the next six years is leaving the state without enough to build projects already on the books, not accounting for the American Legion Bridge or Baltimore’s Red Line.
to pay for other key goals, warning that “our economic engine does not support our ambition” and calling on government leaders to use “discipline” while he determines how to revamp a lackluster state economy that has barely grown over the past four years.
As in Maryland, transportation officials across the country are planning for a future in which the widespread adoption of electric vehicles eats into gas tax revenue.A handful of states are testing systems that charge drivers a flat fee for each mile they travel, an approach widely seen in the transportation industry as a long-term solution. But the systems can be complicated and often involve an element of tracking drivers.
On Wednesday, Wiedefeld said his agency wanted to have a public discussion about how to allocate resources. Gas tax revenue makes up about 20 percent of the state’s transportation trust fund budget, the largest source outside of federal money.4.4 percent fewer gallons were sold in 2022 compared with 2019according to Ed Regan, a transportation consultant hired by the state. Maryland officials predict gas tax revenue will remain flat in the coming years as fuel efficiency increases and electric vehicles continue to gain traction.
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