News

Gas tax may power ferries

A gas tax being considered by the state Legislature could, if adopted, make the ferry system financially stable for more than a decade.

David Moseley, assistant secretary for the Washington State Department of Transportation Ferries Division, met with Coupeville business leaders at a Tuesday morning chamber of commerce meeting, and highlighted a package of bills that he said would make the ferry system financially stable for the next 12-15 years. But that stability comes at a price.

The legislature is considering adding a graduated gas tax over the next three years and the ferry system would get a piece of the money raised through that tax. According to a recent draft of House Bill 1954, motorists would pay an additional 5 cents per gallon starting in August 2013; an additional 3 cents per gallon starting in July 2014; and an additional 2 cents per gallon starting in July 2015.

Another bill, House Bill 1955, under consideration by the legislature would sell $110 million in bonds that would pay for vessel construction and terminal renovations.

Moseley said during the meeting held at the Coupeville Public Library that the tax would raise $9.6 billion over the next 12 years and the ferry system would receive $1 billion of that amount.

 

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

Read the latest Green Edition

Browse the print edition page by page, including stories and ads.

Oct 25 edition online now. Browse the archives.

Friends to Follow

View All Updates