A critical discussion on Oregon's transportation funding took center stage during the Senate Committee on Finance and Revenue meeting on February 17, 2025. The focus was on achieving revenue neutrality while addressing a looming deficit for the Oregon Department of Transportation (ODOT). Stakeholders emphasized the need for equitable funding across various transportation modes to ensure a sustainable future.
Key speaker highlighted the pressing issue of the state's $1.8 billion curb cut liability due to a lawsuit, which has significantly impacted funding allocations. The Street Trust proposed separating this liability into its own line item in future Highway Cost Allocation Studies (HCaTS) to better assess investments in future infrastructure rather than past failures.
Brian Worley from the Association of Oregon Counties underscored the importance of maintaining the state's extensive road network, which counties manage. He pointed out that nearly 50% of county budgets are dedicated to operations, maintenance, and preservation of roads, stressing that neglecting these areas could lead to exponentially higher costs in the future.
The committee is poised to explore various tax revenue adjustments to balance the system, with a strong push for a "fix it first" strategy that prioritizes maintenance over new capital projects. This approach aims to ensure that all users benefit from a well-maintained transportation system, particularly vital freight routes.
As discussions continue, the emphasis remains on establishing a fair and sustainable funding model for Oregon's multimodal transportation system, with stakeholders eager to contribute to ongoing legislative efforts.