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11 1 1 1 <br /> ~ ~ 11 1 ~ 1 ~ 1 <br /> Proposed revenue increases <br /> Road Funding Concept Light Heavy Total <br /> Vehicle Vehicle Approximate <br /> Share1 Share1 Annual Revenue <br /> Increase registration fee ($27 $203 million $105 million $308 million <br /> per year to $81 per year) <br /> One dollar increase in auto regis- <br /> tration fees would raise about $5.7 <br /> million from light and heavy ve- <br /> hicles per year <br /> Increase title fee ($55 to $110 $65.9 million $34.1 million $100 million <br /> for light vehicles} <br /> One dollar increase in the title fee <br /> would raise about $1.8 million from <br /> light and heavy vehicles per year <br /> First time title fee (new $100 fee $21.7 million $11.3 million $33 million <br /> or a variable fee based on fuel <br /> economy) <br /> One dollar first title fee would raise <br /> about $330,000 from light and <br /> heavy vehicles per year <br /> 2~ fuel tax increase (from 24~ $38.2 million $19.8 million $58 million <br /> per gallon to 26~) <br /> One cent increase in the fuel tax <br /> would raise about $29 million from <br /> light and heavy vehicles per year <br /> Annual funding increase $499 million <br /> 1All potential revenue estimates assume proportionate increases in heavy vehicle fees to ensure cost <br /> responsibility. Light vehicles should pay 65.9 percent and heavy vehicles should pay 34.1 percent of <br /> state highway revenue per 2007 Highway Cost Allocation Study. <br /> What does this mean to motorists? $54 in registration fees <br /> <br /> The proposal for road finance meets the $19 in title fees <br /> constitutional requirement that each $12 in gas tax <br /> class of road user pay a proportionate <br /> share of the road user revenue. The For the additional investment (a total <br /> proposal identifies the light vehicle fees of about $265/year), motorists would <br /> that could be increased. The amounts receive increased road and bridge <br /> above represent a 56 percent increase maintenance. <br /> in total light vehicle tax payments over <br /> forecasted 2008 payments. Poor road conditions cost the typical <br /> urban motorist more than $400 per <br /> What does this mean to a driver? year in additional vehicle maintenance, <br /> What does this mean to a driver? according to The Road Information <br /> <br /> The typical motorist keeps a car about Program (TRIP). While estimates for <br /> eight years and pays about $180 per Oregon specifically are not available, <br /> year in gas tax and registration and title recent TRIP reports estimate that poor <br /> fees. Under the following proposal, the road conditions in other states cost a <br /> motorist would pay an additional $7 per typical motorist $150 - $260 per year <br /> month (about $85/year}; more in maintenance expenses. <br /> 16 <br /> <br />