The COVID-19 pandemic threatens every aspect of transportation funding in California. State revenues from federal, state, regional, and local taxes and fees are all at risk. Since California’s shelter-in-place order went into effect in March, the state has already faced plummeting revenues from gasoline taxes, tolls, transit fares, and sales taxes. These revenue sources will most likely continue to be severely threatened in the coming months and possibly even years.
Panelists will discuss the opportunities for every level of government to help recover transportation revenues in our uncertain future. Can we rely on our traditional mix of revenue sources? Will the COVID-19 crisis stimulate innovation in transportation finance?
These and other revenue options will be discussed at the 11th Annual Norman Y. Mineta National Transportation Policy Summit.