MTI Research Snaps Presents COVID-19 and State-Generated Transportation Funds in California
Mineta Transportation Institute Event | May 14, 2020 | Virtual Event
The COVID-19 public health emergency has drastically changed every aspect of California life, including reducing personal travel by as much as half in many regions. As a result, transportation revenues are plummeting because user fees produce a large share of resources needed to operate California’s transportation system. This research used simple spreadsheet models to estimate the impact of different scenarios for economic recovery from the COVID-19 pandemic on state-generated transportation revenues. The model covers the SB1 package of gasoline taxes, diesel taxes, and two annual fees levied on vehicles.
The full recording can be found at this link: https://youtu.be/i9SqP8soXB0