Tax Increase To Fix Missouri Roads Might Be On November Ballot
ST. LOUIS, Mo. (KMOX) – Missouri residents might have to get prepared to absorb another tax hike in the name of better transportation.
State Representative Dave Hinson of St. Clair, says the best way to find the best solution was going directly to the people — so he polled more than 1,500 constituents.
“One of the questions was about the one cent sales tax, the other was about raising fuel taxes,” says Hinson. “Another was toll roads or do nothing. The overwhelming support was the one cent sales tax.”
A proposed constitutional amendment would put a one-cent sales tax on the November ballot. He explained the sales tax that could raise $650 million per year with a sunset provision after 10 years.
Last week, MoDOT Director Dave Nichols warned that without additional revenue the state would have to halt all new projects and would still fall short of what is needed for basic maintenance.
“The fact of the matter is that our revenues are going down and the cost of building our projects are going up,” says Nichols.
MoDOT’s annual construction budget has been slashed nearly in half from a high of $1.3 billion, leaving them with less money needed to adequately maintain roads and launch new projects.