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New taxes eyed as Vt. faces transit money woes - WCAX.COM Local Vermont News, Weather and Sports-

New taxes eyed as Vt. faces transit money woes

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MONTPELIER, Vt. (AP) - With federal aid expected to decline and Vermont also facing a downturn in state gasoline tax revenues, lawmakers are expected to have to grapple with a tough question this coming session and for years to come - where to get the money to build and maintain the state's roads and bridges?

A special committee appointed by the Legislature to make recommendations spent Friday morning putting the finishing touches on a report to lawmakers. It offered up a range of options to be weighed by lawmakers, ranging from to increasing fuel taxes, to a property tax on vehicles, to a levy on each vehicle mile traveled.

Committee members say increasing prices at the pump have caused people to drive less, meaning less gasoline tax revenue.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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