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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