Thursday,  December 12 , 2024

Linkedin Pinterest
Opinion
The following is presented as part of The Columbian’s Opinion content, which offers a point of view in order to provoke thought and debate of civic issues. Opinions represent the viewpoint of the author. Unsigned editorials represent the consensus opinion of The Columbian’s editorial board, which operates independently of the news department.
News / Opinion / Letters to the Editor

Letter: Borrowing binge results in debt

The Columbian
Published: June 14, 2015, 12:00am

There are many facets to the issues raised in the June 4 editorial “Infrastructure a taxing issue.” Our Washington state Legislature had a borrowing binge this past decade, buying transportation on a credit card. The result — 70 percent of state gas taxes pay off debt.

The Washington state Department of Transportation continues to mismanage projects. They paid triple prices for ferries; some estimate a wasted $400 million in repairs on WSDOT-designed cracked 520 bridge pontoons. How much will be lost on Seattle’s “Big Bertha”? Local citizens are well aware of $200 million wasted on our “$50 million maximum” Columbia River Crossing contract.

Our gas tax began at a penny in 1921. It currently is 37.5 cents, among the nation’s highest. Adjusted for inflation, that penny would be 13.2 cents today; and our 12 cent 1982 tax would be 29.5 cents. Our gas tax “rate” kept up with inflation until the spending spree, which began in 2003.

Look at WSDOT’s revenues. The 1991-93 budget was $1.15 billion. The 2013-15 budget allocated WSDOT $2.95 billion — almost triple! Clearly, funds entrusted to WSDOT outpaced inflation.

A 2014 Seattle Times story reported state Treasurer Jim McIntire telling the state Legislature that “No more than 50 percent of MVFT (motor-vehicle fuel tax) should be pledged to bond finance … even if that means doing fewer projects under a pay-as-you-go philosophy.”

The bill for WSDOT mismanagement and our Legislature’s spending spree is now due. Reform first.

John Ley

Camas

We encourage readers to express their views about public issues. Letters to the editor are subject to editing for brevity and clarity. Limit letters to 200 words (100 words if endorsing or opposing a political candidate or ballot measure) and allow 30 days between submissions. Send Us a Letter

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...