Highway funding.

13LSO-0066.C1

FISCAL NOTE

	FY 2014	FY 2015	FY 2016
NON-ADMINISTRATIVE IMPACT
Anticipated Revenue Increase:
CITY  STREET & ALLEY	6,763,680	6,884,780	7,005,880
COUNTY ROAD FUNDS	16,426,380	16,874,660	17,322,940
HIGHWAY FUND	47,436,760	49,109,750	50,782,740
SPECIAL REVENUE-STATE PARKS* Total Revenue Increase	1,269,590 71,896,410	1,273,920 74,143,110	1,278,240 76,389,800

Source of Revenue Increase:

Increase in the fuel tax rates for gasoline and on-highway diesel fuel.  Includes commensurate increase in tax applied to snowmobiles, off-road vehicles, and motorboats licensed by the Wyoming Department of State Parks and Cultural Resources (SPCR).

Assumptions:

The Wyoming Department of Transportation (WYDOT) estimated the revenue based on the 10 cent increase in gasoline and diesel fuel tax per gallon of gas based on the overall estimated gallons of gasoline and diesel sold in the state.  The distribution of fuel tax revenue is mandated by Wyoming statutes as follows:

Gasoline Tax:  WYDOT = 57.5%; Counties (two distributions) = 27.5%; Municipalities = 15%

Diesel Tax:  WYDOT = 75% (plus funding to cover administrative costs up to 2%); Counties = 20%; Municipalities = 5%

The Wyoming's Constitution requires that these tax revenues be used for the construction and maintenance as well as traffic supervision costs for Wyoming's roadways, whether in state, county, or municipal jurisdictions (Article 15, Section 16).

* The SPCR receives fuel tax revenue that is deposited into three separate special revenue accounts specific to the type of licensed vehicle and in separate SPCR budget units:  snowmobiles (budget unit 0415); off-road vehicles (budget unit 0499); and motorboats (budget unit 0411).

Prepared by:    Michael Swank, LSO                   Phone:  777-7881

(Information provided by Kevin Hibbard, Wyoming Department of Transportation, 777-4026; Bill Westerfield, Wyoming Department of State Parks and Cultural Resources, 777-6318)