Tracking Tennessee's 21.4-cent Gasoline Tax Fiscal Year 2012-2013
Tennessee’s gasoline tax
- 21.4 cents per gallon (20 cent gasoline tax + 1.4 cent special petroleum fee)
- Yields $665.7 million per year
- Each penny is worth about $31.1 million per year
How the tax is divided
- 7.9 cents, or $245.5 million, goes to cities and counties
- Approximately .7 cent, or $22 million, goes to the State General Fund
- Approximately 12.8 cents, or $398.2 million, goes to TDOT
The $398.2 million is included in TDOT's total state revenue of $818,300,000 and is used in three basic ways to accomplish TDOT's mission:
- Basic operating costs
- Highway maintenance contracts
- Resurfacing, bridges, major reconstruction, new construction, consultant contracts, right-of-way purchases, and to match federal funds
The amount TDOT has for use is smaller each year due to TDOT operational and maintenance cost increases each year.
