Only a portion of the $3 billion in Illinois taxes on gasoline and license plates goes to road repair; escalating employee pensions are cited as a huge cost.
By Associated Press|May 21, 2012 at 12:41 PM
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SPRINGFIELD, Ill. (AP) — Taxes on gasoline and fees on license plates are among ways Illinois raises nearly $3 billion a year for road construction and repair. But transit advocates say only a fraction of that is paying for concrete and steamrollers.
The Transportation Funding for Illinois Coalition is raising red flags about the state’s road fund financing as much as $176 million for employee health insurance and $41 million for workers’ compensation coverage.
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