Plan to increase road spending in Washington State

Washington State in the US is considering plans to develop infrastructure in the city of Spokane. The spending however hinges on whether the state will opt to increase local fuel taxes, which could raise the funds necessary. If the increased taxes are voted for, the extra funds could pay for transit and road projects worth over US$1 billion in the Spokane area. Around $879 million would be used for the completion of the North Spokane Corridor. Between Spangle and Colfax, while there would be upgrades to US
July 3, 2015 Read time: 1 min
Washington State in the US is considering plans to develop infrastructure in the city of Spokane. The spending however hinges on whether the state will opt to increase local fuel taxes, which could raise the funds necessary. If the increased taxes are voted for, the extra funds could pay for transit and road projects worth over US$1 billion in the Spokane area. Around $879 million would be used for the completion of the North Spokane Corridor. Between Spangle and Colfax, while there would be upgrades to US 195 worth around $17.6 million over a period of six years.
Finance & Funding

Related Content

  • Road charging the way forward for road funding?
    May 23, 2012
    Major changes will be required in the way that highway infrastructure investment is funded in many developed nations. Fuel taxation is a key source of income for governments, with some countries (such as the US) using a set sum for road repairs, maintenance and new construction. Fuel taxation is a proportional way to fund road infrastructure improvements, basically as larger vehicles or those that are used more, will pay more.
    Read More
  • Serbia upgrading infrastructure
    May 2, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget. Wh
    Read More
  • Serbia upgrading infrastructure
    March 16, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci.
    Read More
  • Slovakia plans €3.5bn plus spend on new roads and other infrastructure
    February 11, 2014
    Slovakia plans to invest more than €3.5 billion (US$ 4.76 billion) on new roads, motorways and other transport infrastructure, according to the draft partnership agreement between the European Union and Slovakia for the 2014-2020 budgetary period. The proposal claims that the current state of infrastructure in Slovakia is poor, technically obsolete and incomplete, which not only creates obstacles in the mobility of citizens but also reduces the attractiveness of the country for foreign investors. The coun
    Read More

Highlighted Content