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Sustainable Road Funding Model for Latvia

Exploring the Road Fund program in Latvia, examining financing models, charges on local and foreign road users, and the necessary expenditures for effective road infrastructure development. This analysis delves into the balance between planned revenues and annual expenses to ensure sustainable funding. The data presented sheds light on the current state of road financing in Latvia and potential areas for improvement.

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Sustainable Road Funding Model for Latvia

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  1. Latvian Road Fund idea – still alive Vilnis MillersHead of Finance Management DepartmentWarsaw, June 2007

  2. Expenditures for the State budget state road fund programme milj. EUR

  3. Road financing models

  4. Annual financing for the state budget state road fund program must not be less than sum of planed revenues from annual vehicle tax and 80 percents of planned revenues from excise duty on oil products Law “On Roads”

  5. Expenditures for the State budget state road fund programme milj. EUR

  6. Local Road Users Who could pay Road Users Charge? In 2006 registered and passed technical inspection 60 200 vehicles with gross net weight over 12 tonne

  7. Foreign Road Users Who could pay Road Users Charge? • EU outer border crossings in 2006 with Russia (vehicle registration country and number of vehicles)- Russia 38 000 - Lithuania 89 000 - Poland 17 000 - other countries 13 000(for information - Latvia 54000)with Belarus (no information) • EU inner border crossings in 2006 (no information)

  8. Thank you for your attention!

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