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.

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