Chicago Mayor Rahm Emanuel, suburban mayors represented by the Metropolitan Mayors Caucus, and CMAP together on Tuesday called for a statewide capital bill to pay for critical transportation infrastructure needs. The leaders identified having a sustainable, flexible, and fair source of revenue to pay for long-term transportation investments as critical to the success of the region.
“We are at a crisis point," CMAP executive director Joseph C. Szabo said. "We owe it to the public to make sure we achieve a lasting solution -- one that is sustainable, flexible, and user-based -- to ensure we can invest in the best possible projects and help our communities prosper.”
According to ON TO 2050, metropolitan Chicago faces a $24 billion revenue gap just to operate and maintain the region’s transportation system in its current inadequate condition through 2050. It estimates another $32 billion is needed to improve it. The plan recommendation to fully fund the region’s transportation system includes increasing the state motor fuel tax – which has not been raised since 1990 -- and indexing it to inflation, as well as exploring new and innovative revenue sources, such as a road usage charge.