BOSTON (AP) -- Gov. Deval Patrick plans to use his annual state of the state address to announce his strategy for funding major new transportation and education initiatives.

Patrick has been laying the groundwork in recent days for possible tax increases.

The televised address to a joint session of the Legislature is scheduled for 7:30 p.m. on Wednesday.

On Monday, the governor accepted a report calling for an additional $1 billion a year to maintain and modernize the state's transportation system. The report offered a range of revenue options, including possible hikes in income, sales or gasoline taxes.

Patrick has also proposed spending more than $500 million in the next fiscal year to expand early childhood education and make higher education more affordable.