Invest in a Sustainable, Long-Term Road Funding Solution
Michigan’s small businesses rely on safe and well-maintained roadway infrastructure to maximize economic growth and to keep businesses moving forward. Despite this, the state has been overly reliant on short-term bonding and borrowing to sustain adequate funding.
SBAM calls for a long-term, responsible approach to road funding that includes:
- A sustainable funding model that includes dedicated funding sources and prioritizes ongoing investment over bonding and debt.
- A commitment to long-term maintenance rather than costly rebuild cycles.
- Investment in proven techniques to extend road life to its maximum lifespan.
- Prioritizing transportation funding that exists within the state budget.
It is vital that funding solutions are paid for by user fees and reprioritization within the state budget rather than taxes that single out small businesses.
- As fuel efficiency improves and electric vehicles become more common, it is important that the state modernizes user fees in a way that is transparent, enforceable, applicable to all drivers, and protects privacy.
- Michigan should maintain uniform, statewide fee structures to avoid a patchwork of various local requirements.
- Tolling may be a feasible solution if it is fiscally sound, compliant with federal regulations, and does not place undue burden on small businesses.
Road Infrastructure Task Force Report