Transportation Revenue Options document, August 28, 2003

TRANSPORTATION REVENUE OPTIONS Registration Fees and Motor Fuel Tax Indexing TARGET ANNUAL REVENUE AMOUNT = $300 MILLION OPTIONS Vehicle Registration Fees * $30 per year increase ($60 for 2 year registration) $45 per year increase ($90 for 2 year registration) ANNUAL AVERAGE ( $ in Millions w/ bonding ) OPTION 1 OPTION 2 $150 $225 Motor Fuel Tax Index to CPI (Increase capped at 3.5 cents through FY 2010) TOTAL 65 65 $215 $290 CK& t * Current Vehicle Registration Fees Less Than 3700 Pounds Greater Than 3700 Pounds Year 1 Year 2 Total Year 1 Year 2 Total Reqistration S 27.00 S 27.00 $ 54.00 S 40.50 $ 40.50 $ 81.00 MEDEVAC $ 11.00 $ 11.00 $ 22.00 S 11.00 $ 11.00 $ 22.00 Trauma Phvsician Services Fund $ 2.50 $ 2.50 $ 5.00 $ 2.50 $ 2.50 $ 5.00 TOTAL $ 40.50 $ 40.50 $ 81.00 $ 54.00 $ 54.00 S 108.00 MOOT - Office of Finance 8/28/2003