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The cost of doing nothing

August 7, 2012

August 1 marked the one-year anniversary of the completion of the Transportation Funding Advisory Commission’s (TFAC) work and the submission of its recommendations to Governor Corbett.

Despite the introduction of legislation that embodied the TFAC recommendations, the issue still awaits the leadership of the governor, who one year later has not identified which funding measures he will support.

Much of the information in the TFAC report was gleaned from a 2010 study by the Pennsylvania State Transportation Advisory Committee.  That report was the basis for identifying the state’s transportation funding gap, set then at $3.5 billion per year and accepted by virtually everyone involved in the funding issue.

That report also calculated how much the gap would be by 2020.  That came in at $6.7 billion, or $320 million more per year.

Numbers of that magnitude sometimes defy comprehension.  But think of it this way: $320 million per year is nearly one million dollars every day.

It means that the $3.5 billion gap identified in 2010 has already grown by more than a half-billion dollars and is now north of $4 billion per year.

So the next time you hear people talking about the cost of addressing the transportation funding issue, remind them that there’s also a cost for doing nothing, and it’s adding up by nearly $1 million every day.

 

2 Comments on this post.

  1. H. Michael Liptak
    August 14, 2012 at 3:25 pm
  2. Corbett took the ( ridiculous ) no tax pledge. He will never be out front on any revenue enhancement for transportation. He will not be bothered by the facts of the TFAC report or any other report that requires an increase in user fees.

  3. David Piccolomini
    August 14, 2012 at 4:07 pm
  4. Pennsylvania state government has an obligation to provide and maintain a safe transportation system. The past and current administration is not devoting the required attention to the funding gap. The lack of action to remedy the transportation funding issue will continue to haunt PennDOT and it’s business partners. A joint effort consisting of the many transportaiton related associations need to present a loud and clear message to Pennsylvania’s policy makers that Pennsylvanians deserve immediate action and a resolution to provide a safe and well maintained highway system.

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