Nickel Project

The Nickel Project was designed to generate $3.9 billion over a ten-year period to finance 158 transportation projects across Washington. The funding was sourced through: • Gas Tax Increase — A 5-cent per gallon increase in the state gasoline tax. • Heavy Truck Fees — A 15% increase in gross weight fees for heavy trucks. • Vehicle Sales Tax — A 0.3% increase in the sales tax on motor vehicles. These revenue streams were allocated to the Nickel Account, dedicated exclusively to the specified transportation projects. == Project scope ==

The 158 projects funded under the Nickel Project aimed to address various transportation needs, including: • Congestion relief — Allocating $2.6 billion to alleviate traffic congestion in critical areas. • Safety enhancements — Implementing measures to improve road safety. • Infrastructure preservation — Maintaining and upgrading existing transportation infrastructure. ==References==