Revenue to Connecticut’s Special Transportation Fund is projected to rise this year as gasoline prices surge upward and sales tax receipts come in hotter than previously expected adding nearly $70 million to the STF this
gasoline tax
The Transportation Committee heard testimony regarding the implementation of tolls on Connecticut’s highway, a highly contentious and complex proposal being championed by Gov. Dannel Malloy and Department of Transportation Commissioner James Redeker.
Establishing tolls along Connecticut’s highways and increasing the state gasoline tax by 7 cents per gallon would allow the Special Transportation Fund to issue $1.2 billion in bonds in 2022, up from $800 million this
1 2