This commentary originally appeared in the Austin American-Statesman on March 30, 2015.
Texas’ strong economy generates higher tax revenue and more traffic.
So, in 2013, legislators decided to use the former to address the latter, crafting a plan to divert some oil and gas severance taxes from Texas’ savings account to roads instead. Voters approved the idea last November, with $1.7 billion in new money flowing to transportation this year.
DeVore is vice president of policy at the Texas Public Policy Foundation.