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Download Zipped Introduced WP 6.1 SB0253S1.zip
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It is estimated that enactment of this bill will generate $63,250,000 in increased revenue to the Transportation Fund in FY 1998 and $65,147,500 in FY 1999 due to the increase in gas tax and the repeal of the surcharge on petroleum. Of that revenue, $47,437,500 will be available for appropriations to the Department of Transportation and $15,812,500 will be available for distribution to the B & C Road Fund in FY 1998. There will be a decrease in the General Fund of $34,300,000 in FY 1998 and a decrease of $36,358,000 in FY 1999.
| FY 98 Approp. | FY 99 Approp. | FY 98 Revenue | FY 99 Revenue | |
| General Fund | $0 | $0 | ($34,300,000) | ($36,358,000) |
| Transportation Fund | $63,250,000 | $65,147,000 | $63,250,000 | $65,147,000 |
| TOTAL | $63,250,000 | $65,147,000 | $28,950,000 | $28,789,000 |
Office of the Legislative Fiscal Analyst
3/5/97 4:32:10 p.m.
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