Economics Uncategorized Chart of the Day – MnDOT Sources and Uses of Funds David Levinson • May 1, 2014 Today’s Chart of the Day shows MnDOT Sources and Uses of Funds Sources and Uses of Funds, FY2012, Total $2.72 Billion Source: MnDOT Annual Transportation Performance Report 2012 Share this:EmailFacebookTwitterRedditLinkedIn Related
I’ve recently read that Minnesota is 5th in miles of paved highway miles, but only 21st in population. And due to our weather our roads are some of the most expensive to maintain.
I grew up in rural Minnesota, and I know how fun it can be to speed down an empty paved road in the middle of no where (ah, my misspent youth)… but now I can what a waste those are… Spending 100s of thousands to millions of dollars on road that only service a handful of people is not sustainable, and will cause huge fiscal problems in the future.
I think we have passed the point were network expansion can create wealth. And I think that we are near the point of negative returns. But unfortunately no transportation bill will pass without promising network expansion.
MN needs a road diet, at least in the areas where there is no traffic.
How does federal gas tax figure into the top pie chart? How about federal “general fund”?
From MNDoT’s website, the 14% Federal Aid to Trunk Highway System is the money coming from Federal Fuel Tax grants ($394 million).
The 11% Federal Aid to Local Roads and Multimodal is: $223.7 million Federal funds expended Local Roads and Bridges, $9.1 million Federal/Local rail projects, $28.1 million Federal funds Greater Minnesota, and $49.9 million Federal funds for Aeronautics funding.