Mapping in more money to North Carolina’s highways

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Mapping in more money to North Carolina’s highways

(The Center Square) – North Carolina should be getting more money for roads, according to new projections from the state.

Revenue from the state’s motor fuel tax, Department of Motor Vehicle fees, highway use tax and sales tax on fuel go into two state funds – the Highway Fund and Highway Trust Fund.

According to the forecast, in the remainder of this fiscal year, North Carolina will receive $3.4 billion in Highway Fund revenues and $2.5 billion in Highway Trust Fund money, an increase of $59 million over a previous projection.

“The upward revision is due to a number of factors, including stronger consumption of motor fuels and higher auto sales than expected at the time of the last consensus forecast in May 2025,” the state forecast said.

Prospects for future years are also bright, the state said. The projections for next fiscal year, 2025-27 are also higher.

“Looking forward to 2027 and beyond, lower short- and long-run interest rates should result in a more favorable environment for consumers l...

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