A regional gas tax usually goes to supporting the capital funding for WMATA, but data presented at the Northern Virginia Transportation Commission meeting last night showed that regional gas spending has taken a nosedive in the last few months.
Starting in March, gas tax revenue started to dip below $3 million. While the gas tax revenue has fallen to $2 million in March in years past, by June it had plummeted far below that. For the entire region, roughly $500,000 was collected in gas tax revenue, compared to over $3 million in February.
In Alexandria, gas tax revenue fell from over $150,000 in May to under $50,000 in June.
The tax is calculated from sales two months earlier, meaning the June figures reflected the dive in funding from April, shortly after the stay-at-home order was issued.
The tax was increased this year to 20.2 cents per gallon starting July 1, and is scheduled to increase over the next three years to 28.2 cents per gallon.
What an absorbing week in Alexandria. Just as the ball gets rolling with reopening and loosened restrictions, the pandemic rears its ugly head. With coronavirus transmission levels climbing, Alexandria is…
A new state grant could help fund the city’s expensive, state-mandated RiverRenew project and offset some of the sewer rate increases for Alexandrians. According to a press release, Alexandria Renew…
As it was with the decision to reopen schools, Alexandria City Public Schools (ACPS) is a little behind its neighbors in deciding whether or not faculty and students will be…
Featured in the latest Just Listed in Alexandria is a 3 BD/2.5 BA home with a fully fenced backyard and stone patio. Explore more of this listing at the open house this Sunday from 1-3 p.m.