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State Sources

The second and third key sources of funding are state monies. In FY2005 the Michigan Transportation Fund (MTF) received $1.977 billion dollars, primarily from state fuel taxes and registration fees. Figure 6 summarizes the funding by tax type. Gasoline taxes generated $922.4 million of the funding, or 46.7 percent of the total, with registration fees totaling $863.4 million, or 43.7 percent. Diesel taxes generated $146.3 million.

Figure 6

Figure 6 - click to enlarge

Next page: Fuel Taxes
This text is part of the larger publication:
Road Funding: Time for a Change
Publication: Study
SKU: S2007-05