Initiative 2117 could cut $3.9 billion in transportation funding by 2029

A recent report by Greenline Insights highlights the potential financial impact of Initiative 2117, which could lead to a $3.9 billion reduction in state revenue by 2029 if passed. This funding cut would significantly affect various transportation projects, including public transit, pedestrian safety, and ferry electrification. The Climate Commitment Act (CCA) currently funds many of these initiatives, with 84% of zero-emission vehicle investments relying on it. However, the CCA's revenue is restricted to projects aimed at reducing climate pollution and enhancing community resilience. Despite increased spending in the transportation budget, Washington state faces a projected $900 million shortfall by the 2027-29 biennium, largely due to lower-than-expected federal grants. The Washington State Department of Transportation (WSDOT) has indicated that the state highway system is in early stages of failure, attributed to insufficient maintenance funding. This situation has been exacerbated by legislative choices prioritizing new projects over the upkeep of existing infrastructure. Funding for maintenance and preservation comes from various sources, including the state gas tax, which is constitutionally mandated for highway use. The current transportation budget allocates $14.4 billion, with a significant portion directed towards highway improvements and maintenance. The 2015 Connecting Washington package and the 16-year Move Ahead Washington package are key funding mechanisms, with the latter focusing on public transit projects. As the November election approaches, the implications of Initiative 2117 raise concerns among advocates for transportation funding, who argue that its approval could jeopardize critical investments in infrastructure and environmental initiatives across the state.