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Pinellas looks for ways to prop up transportation trust fund


LARGO — Pinellas County’s transportation trust fund is quickly running out of money.
The special revenue fund pays for such things as road and right-of-way maintenance, including patching and mowing. It pays for bridge maintenance and operation; traffic signal operation; sidewalk repair and construction; maintenance of ditches, culverts and more.
Money for the fund comes mostly from local gas taxes. Pinellas levies seven cents of the possible 12 cents of Local Option Fuel Tax (LOFT) in addition to the 3 cents of state fuel tax for local use, according to a report from Forward Pinellas.
The county levies a “9th cent” gas tax, which is 1 cent devoted to funding the intelligent transportation system. Revenue from the remaining 6 cents is split with the municipalities sharing 40% of the revenue and the county receiving 60%. ....

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