Oregon treasurer skeptical of CRC financing

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Friday, January 10, 2014

Ted Wheeler says Columbia River Crossing project lacks specifics regarding toll payments from Washington drivers.

"If the assumptions underlying the projections made by the consultants are valid, the tolls will be sufficient to service the bonds," Wheeler said. "That said, we need to be sure Oregon can collect them. I won't issue the bonds unless we get clarity on these issues."

Read more at OregonLive.com

 

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Reader Input: Road Work

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Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.

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Reader comments:

"I feel private enterprises are capable of operating at a higher efficiency than state government."

"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."


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