The State Bond Commission is scheduled to meet Wednesday, with hundreds of millions of dollars on the agenda to be approved.
That includes, of course, the governor's proposal to bond $10 million to study implementing tolls in Connecticut.
You can read about the meeting, and what's on the agenda, here.
The Yankee Institute for Public Policy has an interesting and insightful report on state transportation costs and what is really causing the funding problems in transportation in Connecticut.
According to the report, "Connecticut's transportation funding problems have been blamed on increasing debt costs and flat or declining revenue, but a look at the history of transportation spending in Connecticut shows that, when adjusted for inflation, the biggest cost increases have been for public transportation and fringe benefits for employees." (Emphasis added)
You can read the report here.
The Hartford Courant, meanwhile, has come out in strong support of both spending the $10 million on a study and for tolls, and cites the experience of our neighbor, Rhode Island, which recently installed tolls just for trucks. You can read that here.
One note: the Courant's editorial writer seems incredibly impressed with Rhode Island raising $625,000 in the first month of tolling. "Wow." the editorial exclaims.
I'm not so sure that number is all that impressive. If you extrapolate that out over 12 months, it totals $7.5 million — or about 0.08% of Rhode Island's $9.6 Billion budget for 2018-19. Hardly a windfall.
Meanwhile, the American Civil Liberties Union has raised some concerns about what the government might do with any data collected by electronic tolls. You can read about that here.
I'll update the toll situation after tomorrow's Bond Commission meeting.