NC lawmakers turn to sales taxes to boost road funding
Story Date: 7/14/2022

 

Source: Laura Leslie, WRAL, 7/12/22

North Carolina's gas tax, currently 38.5 cents per gallon, is the state's main funding source for road construction and repairs. As of 2020, it brought in about $1.8 billion a year. For decades, the state gas tax generated enough revenue to keep up with funding needs. In the past, lawmakers even transferred money out of the state highway fund into the general fund every year. In 2022, they're finding the money needs to flow the other direction.

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