Gas price per gallon is on a decline at the federal level. However, in Washington extra 7 cent/gallon have been added on Saturday.
The increase in Washington’s state gas tax is due to transportation projects approved and signed earlier during this summer.
Washington’s gas tax add up to 44.5 cents per gallon. With the additional federal gas tax of 18.4 cents per gallon, the total gas tax per gallon amounts to 62.9 cents in Washington.
The transportation revenue package is designed for a 16-year timeframe and was evaluated at 16 billion dollars. It passed the Legislature and was signed on by the state’s governor in summer 2015.
According to the master plan, an additional increase in the gas tax will be witnessed in summer 2016, amounting to 4.9 cents per gallon, bringing Washington’s state gas tax on the second place after Pennsylvania’s, at 49.4 cents per gallon.
Commenting on the transport projects and the increase in the gas tax, Republican Senatro Curtis King-Yakima, stated:
“Nobody likes to have a tax increase. But we haven’t been as diligent on maintenance and preservation as we’ve needed to be. We need to invest in that to get caught up. If we don’t do it in the next two or three years, those repairs, it’s going to cost us three or four times more”.
The costs of the transport projects break down as follows: 8.8 billion dollars are linked to road projects at the state and local level. Another 1.4 billion dollars will be spent on the preservation of the roads and maintenance. 1 billion dollars is envisioned for non-highway projects.
While the projects are estimated to span 16 years, according to Judy Clibborn, the chairwoman of the House Transportation Committee, the benefits will be visible and appreciated.
During 2015, according to the National Conference on State Legislatures report, Utah, South Dakota, Nebraska, Iowa, Idaho, and Georgia also increased the state gas tax.
Kentucky, as well as North Carolina modified the structure of the gas tax as to limit the decrease of revenues.
According to the AAA, the average gas price decreased to 2.67 dollars at the federal level.
For drivers, the end price at the gas pump is still unclear. Considering the fluctuations of the price and taking into account that the tax is paid for by wholesalers, it remains to be seen what the pump price is.
Photo Credits: wamu.org