Here’s where to find hidden road repair money
There is a big launch starting Nov. 27, to repeal the gas tax initiative signed by Gov. Jerry Brown.
The gas tax hike increase of 12 cents a gallon will skyrocket to 19.5 cents per gallon, by the year 2020.
The gas tax hike is a big lie; it is not needed. The state has enough hidden money in a budget stabilization fund also known as a rainy day fund. These rainy day state funds are required by law for all states to put aside funds for future emergency needs. California should have approximately, $7.5 billion to $8 billion dollars in the state rainy day fund.
To repair the weathered worn roads and bridges in our state, it would take approximately $1.2 billion. If the state would borrow $1.5 billion dollars from the rainy day fund, it would definitely be more than enough money to repair all this infrastructure.
After all, that is what these funds are for. California infrastructure crisis is really a maintenance crisis. Let’s focus more on maintaining and less on building new ones. Governments derive their just powers from the consent of the governed. Let’s get these infrastructures repaired.
Manuel Madrid, Reedley
This story was originally published November 19, 2017 at 6:31 AM with the headline "Here’s where to find hidden road repair money."