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The committee identified 13 revenue-generating options for state highways, transit, and local roads.
(Published Jan 7, 2013)
The Transportation Finance Advisory Committee (TFAC), a group established by Gov. Dayton to make recommendations pertaining to the state’s transportation infrastructure, met throughout 2012 and released its final report on Dec. 27.
The League, along with other city and county representatives, successfully advocated that local road needs and funding options be included in the report.
Transportation stakeholders have closely watched the TFAC’s work in large part because it will inform and influence Gov. Dayton’s transportation agenda. Given that the election yielded DFL majorities in the House and Senate, it is logical to expect that the 2013 Legislature will be working collaboratively with the governor to advance a transportation package, among other things.
To the surprise of some, the TFAC stopped short of making funding recommendations. The group instead provided a thorough analysis of transportation infrastructure needs and laid out a menu of funding options, many of which have been enacted or considered over previous decades. Minnesota Department of Transportation (MnDOT) officials staffing the TFAC appeared hesitant to include hard recommendations in the final report given that the report was ordered—but not necessarily approved—by the governor.
Below are the 13 funding options identified by the TFAC in the order they appear in the report:
About the TFAC
The TFAC is a 19-member panel composed of legislators, agency heads, business and investment community representatives, an economist, a union representative, and representatives from city and county government.
The TFAC was established in early 2012 and has been facilitated by MnDOT staff. Gov. Dayton directed the committee to analyze potential revenue sources and nontraditional approaches to transportation funding and financing as well as opportunities for public/private partnerships to invest in transportation improvements.
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Contact Anne Finn
Assistant IGR Director
(651) 281-1263 or (800) 925-1122