Each extension deprives the state of roughly $150 million to $170 million a month in tax revenue used to finance transportation projects, such as road construction and bridge maintenance. Kemp’s office has used the state’s surplus — built with rising income and sales tax revenue — to plug the gap.
After a prolonged upward tear, gas prices have been on decline in recent months, though economists are wary the trend could reverse.
The average price for a gallon of gas in the U.S. on Thursday was $3.83, according to AAA. In Georgia, the price was $3.37, down from $4.33 on July 1.