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Southeast Partnership offers menu of funding solutions for impending ‘cliff’

April 9, 2019

The Southeast Partnership for Mobility, which consists of SEPTA, the Pennsylvania Turnpike Commission and PennDOT, joined a growing number of entities this week in sounding an alarm over a rapidly approaching transportation funding “fiscal cliff.”

The partnership produced a report that focused on transportation needs in the southeast region. The group identified a variety of funding mechanisms that policymakers might consider to replace a $450 million annual subsidy that public transportation agencies receive from the Turnpike. That subsidy drops to $50 million in 2022, but it has already been halted by a lawsuit filed by independent truckers and a motorist association.

The subsidy arrangement, which began in 2007 after plans to toll I-80 failed, has caused the Turnpike’s debt to approach $12 billion. Turnpike tolls have increased annually for 11 years and will continue to increase for the next 30 years.

“SEPTA and other public transportation agencies are facing cuts in projects and services that could begin to affect the public as soon as this summer,” said PHIA Managing Director Jason Wagner. “While it’s good to get the conversation started, there’s not a lot of time to talk before the public will start feeling the pain.”

To view the menu of funding ideas, go to www.PaMobilityPartnerships.com.

 

 

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