Funding Utah’s transportation needs is a significant economic and fiscal challenge for state policy makers. Over the next three decades, Utah’s population is set to increase by over 60%. Coupled with this significant growth is the possibility of an increase in vehicle miles traveled. In the past, the state has relied on the Transportation Fund to support transportation projects, but this has changed in the last two decades as the state has had to rely on non-traditional funding sources. Despite the addition of these funding sources, revenue will not be sufficient to meet population, highway and transit growth.
This research report explains how transit, roads and highways are currently funded in Utah and provides information and projections on potential funding sources to meet Utah’s transportation needs.
Read the report here: Utah Foundation