Senate Gets Funding Plan Ready

A Washington Post story this morning says Senate leaders are looking at a package of fee and tax increases that could eventually produce $1 billion a year in extra revenue for transportation.

'Sources familiar with the Senate proposal said it is likely to include several of the following: increases to the sales or income tax, higher taxes on the sale of cars, a new sales tax on gasoline, higher auto registration fees and tolls.'

The Senate's START panel worked up some numbers on how much could be raised using those fees/taxes - the link to the START group's final recommendations is on this page at the bottom.

Gov. Tim Kaine's plan is expected to come out tomorrow; and then we wait to see what the House of Delegates wants to do. This will be interesting..