Ethanol Cuts Idaho Fuel Tax Revenue

For the first time in six years, Idaho fuel tax revenue has declined as drivers faced with $4 per gallon gasoline shunned their cars and as fuel distributors blended tax-exempt ethanol to meet federal mandates according to the Idaho Statesman.

The $5 million drop in fuel tax revenue in the financial year 2008 comes at time whe the state governor Butch Otter is trying to raise additional cash to fill a $240 million annual transportation funding shortfall.

The sale of ethanol-blended gasoline is increasing rapidly in Idaho, reducing state revenue for highways.

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