Transportation in Texas is affected by a wide range of economic factors, many of which are not readily apparent. Take, for example, vehicle miles traveled. VMT affects congestion, road maintenance, and fuel tax revenue. However, VMT is largely driven by economic factors, which can include anything from economic growth in metropolitan areas to changes in […]
VMT
Road User Charges (RUCs) for transportation funding: Right for Texas?
TTI researchers are working to find solutions to Texas’ long-term fuel tax shortage. State and federal taxes on a gallon of gas have been 38 cents for more than 20 years, and because of inflation, 38 cents is worth a little over half of what it was worth two decades ago. According to the Texas […]
TTI researchers offer testimony on options for financing of transportation infrastructure
Texas Legislators recently heard testimony from four TTI researchers who responded to committee questions regarding potential funding mechanisms for transportation in the state. The testimony was requested by the House Select Committee on Transportation Funding, Expenditures, and Finance. Ginger Goodin, director of the Transportation Policy Research Center (PRC), addressed the topic of a Vehicle Miles […]