July 30, 2024

Driving Change: The Economic Impact of Alternative Funding Mechanisms

July 10, 2024

Driving Change: The Economic Impact of Alternative Funding Mechanisms

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With the increased use of electric vehicles, infrastructure funding from gas taxes is expected to decrease. Alternative funding mechanisms will be necessary to continue building new infrastructure and maintain current roads, rails, and bridges to ensure that the national economy can function to the highest ability.

In this webinar, we will explore the possible methods for consistent infrastructure funding through alternative funding mechanisms. By using REMI Tax-PI, we will discuss a possible road usage fee and the funds it would raise; an increase in the gas tax to counteract the increased use of electric vehicles; and the overall economic impacts of each mechanism on the regional economy of Colorado. We hope that you will join us to learn more about this important issue.