Transit Group: Illinois Road Fund Still Being Raided
Taxes on gasoline and fees on license plates are among ways Illinois raises nearly $3 billion a year for road construction and repair. But transit advocates say only a fraction of that is paying for concrete and steamrollers.
The Transportation Funding for Illinois Coalition is raising red flags about the state’s road fund financing as much as $176 million for employee health insurance and $41 million for workers’ compensation coverage.
Lawmakers have stemmed the flow of road fund money to outside sources. But a coalition expert says $500 million was “diverted” to other uses as late as 2011.
Transportation spokesman Guy Tridgell says the coalition’s insurance-cost estimates are inaccurate but the biggest drain on the road fund is escalating costs for employee pensions.
- AccuWeather’s 2024 White Christmas Forecast Calls for Snow in More Areas
- Lithium-Ion Batteries – What are the Risks?
- Mississippi High Court Tells USAA to Pay up in Hurricane Katrina Bad-Faith Claim
- Coming Soon to Florida: New State-Fed Program to Elevate Homes in Flood Zones