Tuesday, Nov. 3, proved to be a good day at the polls for infrastructure funding, with voters in eight states endorsing a variety of ballot measures aimed at generating new revenue for transportation and related projects. Nearly three-quarters of the 37 state and local transportation-related referendums across the U.S. passed, according to the American Road & Transportation Builders Association’s Transportation Investment Advocacy Center.
Texas voters overwhelmingly approved an amendment to the state constitution that could direct as much as $2.5 billion annually to build and maintain non-tolled public roads and repay transportation-related debt. The exact amount of the allocation for each fiscal year, from 2017 to 2032, is contingent on the state surpassing a $28-billion threshold in sales- and use-tax revenue.