The Oregon Department of Transportation (ODOT) blames its financial crisis on declining revenue from cleaner, more efficient cars.
The reality is that the agency suffers from chronic overspending on highway megaprojects.
Motor fuel revenue is actually up $100 million per year compared to 2020, but in the past five years, cost overruns on just three Portland area highway expansion projects in amount to nearly $5 billion.
ODOT has a spending problem, not a revenue problem.
ODOT’s poor management is to blame for these overruns, and they promise to become worse in the years ahead.
Joe Cortright’s testimony to the Oregon Transportation Commission
March 13, 2025
For the record. Joe Cortright, I’m an economist with City Observatory. I’d like to address two issues on the agenda today. They have to do with finance and climate.












