Fuel taxes provide the bulk of revenue for Missouri
transportation. But here’s why that funding source is no longer
working for us:
- Fuel tax revenues have become a diminishing revenue
stream as cars become more fuel efficient and people drive
- The fuel tax has not increased since 1992, while the cost of
doing business continues to rise.
- Inflation has decreased our purchasing power by more than
50 percent. What was 17 cents (state fuel tax per gallon)
of purchasing power in 1992, is now about eight cents and
decreasing each year.
- The cost of asphalt, concrete and steel – the staples of the
industry – are as much as 200 percent more than they were
- Federal funding is also an issue. The Federal Highway
Trust Fund, the federal source for funding transportation
in Missouri, is teetering on the brink of insolvency, with
Congress yet to determine a long-term course of action to ensure it is adequately funded.
What’s At Stake – Safety,
Jobs, Economic Development
Without a funding solution, the
condition of our roads and bridges
will deteriorate, safety on Missouri
highways will decline, jobs and
businesses will go to other states,
and Missouri will lose its status as
a national and global competitor.
Our focus has not changed. Our top priorities remain:
- Keep our customers, partners and MoDOT employees safe.
- Take care of the transportation system we have for as long as
we can with the resources we have.
- Provide outstanding customer service.
- Missouri has the seventh largest
transportation system in the nation. In fact,
we have more state highway miles than
Kansas and Illinois combined.
- Fatalities on Missouri highways are the lowest
they’ve been since the 1940s.
- Each year, Missouri’s Statewide
Transportation Improvement Program creates
6,528 jobs and provides a $3.62 economic
return for every dollar invested.
- People travel almost 48 million miles on
Missouri roads every year and take more
than 70 million transit trips.
- Missouri’s multimodal freight system
supports the movement of trucks, planes,
barges, and trains as they transport more
than one billion tons of freight valued at
about $1.3 trillion per year.
What Can You Do?
It’s not up to us to decide where funding for
transportation comes from. While we don’t know what
will come next, we hope the discussion will continue
because our transportation funding problem won’t go
away. Talk to your elected officials, family and friends
about this issue. Together we can determine a viable
solution to move Missouri forward.
For more information call 1-888-ASK-MODOT (888-275-6636).