Table 7: Tax Revenue Funding Options (millions of dollars)

STATE ADMINISTERED SYSTEM      
NET NEED AFTER COST REDUCTIONS      $293.2  
  State Bonding    $60.0   
     Diesel Tax Revenue      
          Eliminating Diesel Discount1 6.0¢  $33.6   
          Replace Discount Sticker2
               ($95 out of state / $25 in state)
2.9¢     
          Replace MPSC Authority Fee2 0.5¢     
     Gasoline Tax Revenues 4.4¢  $199.6  
     Total Net New Tax Revenues   $293.2  
LOCAL ADMINISTERED SYSTEM      
     NET NEED AFTER COST REDUCTIONS   $192.0   
     State Gasoline      
     Tax for Local Needs Fund 1.4¢ $64.0  
     Local Matching Revenues   $128.0  
Total Net New Tax Revenues   $192.0  
    1 Assumes $5.6 million per penny revenue
     2 Assumes $6.9 million per penny revenue
     

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