NC Transporation Funding Sources
NCDOT 2023 Projected Revenue is $7.29 Billion.
75% of the budget is generated through state taxes and fees.
40.5cents per gallon in state fuel tax, DMV fees and highway use tax
25% of the budget is received from Federal Revenues.
Federal fuel tax and vehicle fees from trucks
The historical trend in declining DOT Revenue
Alternative Revenue Options and Considerations
Public Private Partnerships
State Infrastructure Bank
Increase Debt Capacity
Local Road Impact Fees
Raise Existing Taxes and Fees
Road Impact Fee for E-Commerce
Mileage-Based User Fee
Expand Highway Tolling