Study says tolls should be in Missouri’s future
Missouri has finally found the money for a new I-70 bridge, but a recent Show-Me Institute study says it will need the private sector’s help in meeting future transportation needs.
With 32,464 miles of state roads and a relatively low gas tax of 17.6 cents per gallon, the study says, Missouri
ranked 44th nationally in revenue per mile of road. Add into this mix MoDOT’s lack of authority to use tolling, and its very limited authority to use public-private partnerships, and Missouri’s difficulties in funding the maintenance and expansion of its transportation system become clear.
The study recommends that Missouri consider contracting with private firms to build and operate toll roads, truck-only toll lanes or high-occupancy vehicle lanes that collect tolls from single-occupant vehicles. It also says Metro should consider soliciting bids from private companies to operate its mass transit system.
And, while private investment in roads might seem like a foreign idea in the Show-Me State, this form of capitalism is thriving in, well, foreign countries:
The private sector is financing, building, and operating most of the major new highways in countries as diverse as Great Britain, France, Spain, Italy, Greece, Poland, China, India, Indonesia, South Africa, Australia, Argentina, Brazil, Chile, and Jamaica.
Should it happen here? Authors David Stokes, Leonard Gilroy and Samuel Staley emphatically say yes:
The choice for Missourians now is clear: higher taxes and fees, or partnerships with the private sector.


(3 votes, average: 4 out of 5)
David Nicklaus has covered St. Louis business for more than 25 years. His column appears three days a week on the Post-Dispatch business page.
Meeting the cost of transportation infrastructure is a given no matter which way you go. It’s not as though a private company would do it for free. It seems to me the real choice is between public investment in a public entity for the common good or funneling public money into private pockets.
The politics of the Show-Me Institute are Libertarian at heart and so I doubt their studies will ever conclude that privatization is anything but a great idea.